The Ethereum Name Service (ENS) saw registrations over the weekend, with 64,000 .eth names created on Sunday and Monday alone.
In the last week, 108,000 ENS domains were registered. This 216% Increase in figures, published by lead ENS developer, revealed Nick Johnson, brought a notable spike in revenue. On Sunday, the ENS added $684,000—a half-million dollar increase over the previous day.
If the recent surge in sales is any indication, the ENS domain name craze isn’t over yet-000.eth sold for 300 ETH ($344,000) on Sunday. And some interest has also been seen in the names of non-Roman characters (such as Arabic or Chinese characters), including .eth sell for 100 ETH ($114,500) on Monday.
There has also been a huge jump in secondary sales of ENS domain names on OpenSea, rising over 300% over the past week. ENS is the top-ranked collection on OpenSea last week, with over 6,900 ETH (approximately $7.9 million) being traded.
But this isn’t the first time ENS sales have skyrocketed overnight. in April, three- and four-point ENS domain names (such as 123.eth or 1234.eth) started trending when Twitter users realized that there was a fixed supply of such domains and that the holders “10k ClubAs a result, ENS saw revenue of about $3 million in less than a week.
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