Ethereum Name Service (ENS)
CryptoScore Pro global score : 80/100 (computed on 2026-10-28)
Ethereum Name Service (ENS) is a decentralized, Ethereum-based naming system designed to replace complex wallet addresses with human-readable names, such as 'alice.eth'. Built on the Ethereum blockchain, ENS functions as a critical infrastructure layer, enabling users to interact with decentralized applications (dApps), wallets, and smart contracts using intuitive names instead of cryptographic hashes. Its primary utility lies in simplifying user experience within the Ethereum ecosystem, reducing errors in transactions, and fostering broader adoption by making blockchain interactions more accessible. ENS operates as a non-profit organization governed by a decentralized autonomous organization (DAO), ensuring community-driven development and alignment with Ethereum’s ethos of decentralization. The project’s significance extends beyond mere convenience; it serves as a foundational tool for identity management in Web3, bridging the gap between traditional internet usability and blockchain technology. With over 4.5 million registered names as of recent data, ENS has become a de facto standard for naming in the Ethereum space, underscoring its indispensable role in the ecosystem’s…
Scores by pillar
| Technology | 74/100 |
|---|---|
| Tokenomics | 73/100 |
| Team | 64/100 |
| Adoption | 91/100 |
| Liquidity | 85/100 |
| Compliance | 88/100 |
Market data
| Price | $5.35 |
|---|---|
| Market cap | $226.52M |
| 24h volume | $10.97M |
| Market cap rank | #202 |
| 24h change | +3.26% |
| 7d change | -7.97% |
| Blockchain | Ethereum |
| Sector | Infrastructure |
Analysis
ENS stands out as an identity infrastructure. It replaces complex addresses with readable names on Ethereum. This decentralized system uses smart contracts to link names to wallets. The token is used for the governance of an autonomous organization, that is to say a structure managed by code.