ENS Price Prediction 2023, 2024, 2025 till 2030: Will ENS price hit $100? (Bullish or Bearish)
ENS or Ethereum Name Service is an open, distributed, domain naming system, based on Ethereum blockchain. More than 2.58 Million ENS domains have been registered by more than 745,466 users till date, according to Dune Analytics report. In USD, this blockchain company has made a revenue of close to 60MUSD.
ENS in trading close to its base, and looks like it is ready for a short uptrend move because of this, ENS price prediction for 2023 looks lucrative. Can ENS touch 100USD by 2025? What are the price predictions for ENS?
Let’s see these and more in this post.
What we are going to learn?
ENS Price Prediction
The year 2021 was exciting for ENS. In order to make the most recent ENS price forecast easier to understand, we separated it into two categories: long haul ENS price predictions and short haul ENS price predictions.
In the last 30 days, ENS price has dropped by 15%.
As per our research ENS price prediction shows it can hit a high of $10.20 by December 2023.
Furthermore, in the long run as per our research, ENS price prediction for September and October 2023 tells us that the average price will be around $7.66 and the price might touch a high of $8.85.
ENS Price Forecast for 2023
As per our research, ENS price for 2023 might hit a maximum of $8.85 and a low of $6.48. ENS has been declining steadily and is down by more than 50% this year from the year high.
ENS Price prediction for September suggest the token could be trading in between $8.85 and $6.81.
|ENS Price Forecast 2023||Maximum Price||Minimum Price|
ENS Price Projection for 2024
As per our technical analysis, ENS might hit a high of $16.43 and a low of $5.63 in 2024.
We are expecting a big swing in the market’s sentiment and therefore the price fluctuations.
|When||Maximum Price||Minimum Price|
ENS Price Prediction 2025
The ENS price prediction for 2025 shows a relatively stable trend throughout the year. The maximum price is expected to reach $72.82 in December 2025, while the minimum price is expected to be around $51.91 in April 2025.
ENS price is expected to fluctuate between $58.28 and $72.82 throughout the year, with the highest price in June 2025 at $68.27. This indicates that ENS is likely to experience moderate growth in 2025, with occasional dips and peaks, but no significant price changes.
From our brief analysis of the ENS, we are expecting the average price to be $65. The high of 2025 is expected to be lower than that of 2024. The price of ENS will mostly stabilize in 2025.
|ENS Price Prediction, 2025||Maximum Price||Minimum Price|
Maximum ENS price prediction for 2025: 72.82USD.
Minimum ENS price prediction for 2025: 51.91USD.
ENS Price Predictions for 2026-2030
ENS price for 2026 is expected to be around $50.86 – $35.60
ENS price prediction for 2027 will be in the ballpark of $43.23 – $30.26
ENS price for 2028 will be around $77.81 – $54.47
Ethereum Name Service price forecast for 2029 will be around $159.84 – $111.89
ENS price prediction for 2030 will be around $178.01 – $124.61
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ENS Price Prediction in INR
Maximum ENS price prediction for 2023 in INR is Rs. 1572 and minimum price is Rs. 510
ENS price for 2024 in INR is predicted to be in between Rs. 1511 to and minimum price is Rs. 535.
ENS price prediction for 2025 in INR is 5920 INR. Minimum price prediction is 4080 INR.
ENS price prediction for 2030 in INR is 14,400 INR while minimum expected price is 10,000 INR.
ENS Price Chart Analysis: 4 Hourly, Weekly
ENS on a 4 hourly chart shows an upward movement, indicates price could hit 8.85USD soon. There is an opportunity to long ENS for short term as well as long term gain.
Another ENS weekly chart indicates the ENS price is reversing. ENS is currently in the accumulation phase.
ENS Technical Analysis: Buy, Sell or Hold?
ENS Technical analysis suggest it is is a strong SELL on weekly levels at the current levels.
- Exponential Moving Average of ENS (for 10days period) is 9.80.
- Exponential Moving Average of ENS (for 20days period) is 11.20.
- RSI (14days) is 36.67 which shows neutral trend.
ENS Fundamental Analysis: Is it a good token to buy?
Ethereum Name Service (ENS) provides you an opportunity to buy .ETH domain name and link to your wallet address. This way, you do not need to remember your wallet address (which is very complicated, lol). If someone were to send you tokens, you just can send your ENS address (example – Cryptobullsclub.ETH) and they can send you tokens to your wallet.
There has been a recent surge in the booking of .ETH domains. ENS has more than 500k customers, and is a home to 2M+ domains.
Ethereum Name Service is managed by its own DAO. And to propose a suggestion, you need 100k ENS tokens. For the proposal to get approved, it should receive atleast 2/3rd of the votes, with a minimum of 1% ENS holders participating in the voting.
This is the utility of Ethereum Name Service (ENS) token.
There are around 65,114 ENS token holders on Ether blockchain at the time of updating this post (September 6th, 2023). ENS treasury holds more than 590MUSD that indicates good amount of runaway.
ENS is one of very rare blockchain projects with utility that is generating real revenue for the company. I am bullish on the project long term. However, short term, there may be pain.
How to buy ENS token?
Ethereum Name service (ENS) tokens can be purchased from the top crypto exchanges.
Top 3 international crypto exchanges to buy ENS from are Binance, Kucoin, Coinbase.
|Buy ENS||Register here|
|Binance||Sign up here|
|Huobi||Sign up here|
|OKEx||Sign up here|
|KuCoin||Sign up here|
|Coinbase||Sign up here|
Best Indian crypto exchanges to buy ENS from are WazirX, CoinDCX and Giottus.
|Buy ENS with INR||Register here|
|WazirX||Sign up here|
|CoinDCX||Sign up here|
|Giottus||Sign up here|
|Kuber||Sign up here|
|Release Date||November 2021|
Will ENS ever reach $100?
Yes, as per our analysis ENS’s price might reach $100 in 2029.
What is ENS price prediction for 2025?
ENS price prediction 2025 suggests, maximum price could be 72.82USD while minimum expected price is 51.91USD.
From its current price today, maximum price is almost 9X.
Is ENS a good investment?
ENS is one of the few blockchain projects that has a solid product and usecase. Also, the project has shown great momentum in the past year, and it promises a lot of good developments in the upcoming years.
What is ENS price prediction for 2030?
ENS price prediction 2030 suggests, ENS could be trading in between 125 to 178USD. From its current price today, it is almost 15.5X.
Will ENS price reach 10000 INR?
Yes, ENS is expected to reach 10,000 INR before 2030.
Final Conclusion: Should you buy ENS in 2023?
ENS (or Ethereum Name Service) has recently seen a drop in the price. This looks to be directly proportional to the fee generation and this is why we think this could be just for a very short term, and ENS could go up in price in the upcoming months.
I am bullish on ENS as it is one of those few blockchain projects who not only have tokens, but also a profitable business model. ENS has a domain service that has more than 2,662,118 domain names registered, which generated a revenue of more than 60Million USD.
I am expecting ENS to have a great future and I think it will be one of the top 50 blockchain projects once the bull market arrives. As per ENS price prediction of 2025, ENS could reach $72.82 by the end of the year. It could also cross 100USD by 2029.
However, only flaw I see with ENS is it only has close to 25% of the total tokens in circulation. More than 44% of the tokens are locked. Once there are more tokens in circulation, the price could drop. So if you are planning to invest in ENS tokens in 2023, do consider this before buying.
Disclaimer: I do hold ENS in my portfolio and also planning to more ENS as and when the token falls. I would look to sell ENS when it does 3-4x from my holding.
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