ENS or Ethereum Name Service is an open, distributed, domain naming system, based on the Ethereum blockchain. More than 2.58 Million ENS domains have been registered by more than 833,466 users to date (17th February 2024), according to the Dune Analytics report. In USD, this blockchain company has made a revenue of close to 60M USD.

ENS is trading close to its base support level, and looks like it is ready for a short uptrend move because of this, ENS price prediction for 2023 looks lucrative. Can ENS touch 100 USD by 2025? What are the price predictions for ENS?

Let’s see these and more in this post. But before that, let us learn the most recent update around ENS.

ENS Latest Update: Godaddy Users can Now Add Ethereum to their Websites

The GoDaddy and Ethereum Name Service (ENS) partnership enables over 20 million GoDaddy users to link web domains with blockchain, offering gasless transactions and integrating traditional and blockchain technologies.

This move was recently announced on the 5th of February, 2024. It

  1. Expands ENS’s Reach: Introduces ENS to GoDaddy’s vast user base, boosting potential adoption.
  2. Enhances Credibility: Adds mainstream legitimacy to ENS, important for wider blockchain acceptance.
  3. Simplifies Adoption: Gasless transactions lower the barrier for newcomers to the blockchain.
  4. Paves Way for Future Innovations: Plans for deeper integration promise new use cases, like using domain names for comprehensive crypto profiles.

This partnership is bullish for ENS, indicating growth, increased adoption, and innovation potential, by blending web infrastructure with blockchain’s possibilities.

ENS Price Prediction

The year 2021 was exciting for ENS. 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 1 year, ENS price has increased by 47.6%.

As per our research, ENS price prediction shows it can hit a high of $10.20 by December 2023.

Furthermore, in the short run, as per our research, ENS price prediction for March and April 2024 tells us that the average price will be around $28.32 and the price might touch a high of $33.33.

ENS PRICE Prediction

ENS Price Projection for 2024

As per our technical analysis, ENS might hit an average price is 43.1USD in 2024. We are expecting a big swing in the market’s sentiment in 2024 and therefore higher price fluctuations in ENS tokens.

ENS Price Prediction (USD) Maximum Price Minimum Price
February 2024 $25.00 $20.83
March 2024 $33.33 $27.10
April 2024 $30.30 $23.31
May 2024 $25.25 $19.43
June 2024 $30.30 $23.31
July 2024 $36.36 $28.19
August 2024 $40.00 $31.75
September 2024 $42.00 $32.31
October 2024 $49.41 $38.01
November 2024 $58.80 $45.23
December 2024 $70.56 $54.28

The maximum and minimum ENS token is expected to reach in 2024 are $70.56 and $15.63 respectively.

ENS Price Prediction 2025

The ENS price prediction for 2025 shows a relatively bullish trend throughout the year. The maximum price is expected to reach $134.99 in December 2025, while the minimum price is expected to be around $31.54 in April 2025. This indicates that ENS is likely to experience bullish growth in 2025, with occasional dips and peaks.

From our brief analysis of the ENS, we are expecting the average ENS token price in 2025 to be $83.25.

When Maximum Price Minimum Price
January 2025 $58.80 $45.23
February 2025 $48.22 $37.09
March 2025 $45.92 $35.32
April 2025 $41.00 $31.54
May 2025 $48.24 $37.10
June 2025 $57.88 $44.52
July 2025 $55.13 $42.40
August 2025 $64.10 $49.31
September 2025 $76.92 $59.17
October 2025 $96.15 $73.96
November 2025 $112.50 $86.54
December 2025 $134.99 $103.84

The maximum ENS price prediction for 2025: 134.99USD.

The minimum ENS price prediction for 2025: 31.54USD.

ENS Price Predictions for 2026-2030

ENS price for 2026 is expected to be around $110.86 – $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

Year Max Price Min Price
2026 $110.86 $35.60
2027 $43.23 $30.26
2028 $77.81 $54.47
2029 $159.84 $111.89
2030 $178.01 $124.61

ENS Price Prediction in INR

ENS price for 2024 in INR is predicted to be between Rs. 1411 and the minimum price is Rs. 6209.

ENS price prediction for 2025 in INR is 11879 INR. The minimum price prediction is 2980 INR.

ENS price prediction for 2030 in INR is 14,400 INR while the minimum expected price is 10,000 INR.

ENS Price Chart Analysis: Getting Ready for a Massive Rally?

ENS price chart

ENS shows an upward movement, indicating the price could hit 40 USD 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 has reversed, the accumulation phase is now over and is ready to get sent to 50 USD in a very short time.

ENS Technical Analysis: Buy, Sell, or Hold?

ENS Technical analysis suggests it is a BUY on weekly levels at the current levels.

ENS technicals

  • The exponential Moving Average of ENS (for 10 days) is 22.30.
  • The exponential Moving Average of ENS (for 20days period) is 21.10.
  • RSI (14 days) is 19.94 which shows the bullish trend.

ENS Fundamental Analysis: Is it a good token to buy in 2024?

Ethereum Name Service (ENS) provides you with an opportunity to buy.ETH domain name and link to your wallet address. Now you can also link your domain from Godaddy with ENS domain names. 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 (for 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 800k customers and is 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 at least 2/3rd of the votes, with a minimum of 1% of ENS holders participating in the voting.

This is the utility of the Ethereum Name Service (ENS) token.

There are around 66,238 ENS token holders on Ether blockchain at the time of updating this post (February 17th, 2023). ENS treasury holds more than 118M USD which indicates a good amount of runaways.

ENS is one of the 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 tokens?

Ethereum Name Service (ENS) tokens can be purchased from the top crypto exchanges.

The 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

The 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

ENS Details

Website ens.domains
Token Ticker ENS
Token Supply 100,000,000
Current Supply 30,794,760
Founder Nick Johnson
Release Date November 2021
Current Rank #115
Market cap $674,862,354


Will ENS ever reach $100?

Yes, as per our analysis, ENS’s price might reach $100 by November 2025.

What is the ENS price prediction for 2025?

ENS price prediction 2025 suggests the maximum price could be 134.99 USD while the minimum expected price is 31.54 USD.

From its current price today, the maximum price is almost 6X.

Is ENS a good investment?

ENS is one of the few blockchain projects that has a solid product and use case. 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 the ENS price prediction for 2030?

ENS price prediction for 2030 suggests ENS could be trading between 125 to 178 USD. From its current price today, it is almost 7.77X.

Will the ENS price reach 10000 INR?

Yes, ENS is expected to reach 10,000 INR by 2029 and 2030.

Final Conclusion: Should you buy ENS in 2024?

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 that 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 60 million USD.

I am expecting ENS to have a great future and I think it will be one of the top 50 blockchain projects (by marketcap) once the bull market arrives. As per ENS price prediction of 2025, ENS could reach $134.99 by the end of the year.

For those who want to know about the magic number, ENS could also cross 100 USD by November 2025.

However, the only flaw I see with ENS is it only has close to 30% 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 looking to ride the current bull run and sell around 3x from the current price.

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