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Ethereum Name Service Price Prediction 2025: ENS Still in Tricky Technical Setup

Last Updated 20 January 2025
Victor Olanrewaju
Authors

Key Takeaways

  • Based on current market conditions in 2025, the ENS price is likely to trade between $10 and $40.
  • In the short term, ENS has broken out of a downtrend, and if bullish momentum continues, the price could rise to $26.67.
  • The weekly chart shows ENS within a descending channel, with the CMF below zero, signaling bearish sentiment

The ENS price started 2025 on a strong note, trading above $35. But as months went by, the cryptocurrency’s value began to drop, eventually reaching $13 on April 8.

As the first month of the second quarter draws to a close, ENS is seeing rising bullish momentum with the price retesting $15.

This development has sparked market-wide speculation that the cryptocurrency’s value will continue to increase. But what does it mean for the ENS price?

CCN reveals how the altcoin might potentially perform in the short term. We also disclose the ENS price prediction for 2025.

Based on the current market sentiment and indicators’ positions, this also extends to those of 2026 and 2030.

Ethereum Name Service Price Prediction

Like many other cryptos, ENS price has declined significantly since the beginning of the year. While the cryptocurrency has experienced relief of late, this segment examines how it could perform in 2025 and the potential ENS price prediction in 2026 and 2030.

Minimum ENS Price Prediction Average ENS Price Prediction Maximum ENS Price Prediction
2025 $10 $25 $40
2026 $5 $8.50 $15
2030 $45 $79 $100

Ethereum Name Service Price Prediction 2025

2025 has been a tough year for ENS, especially as the altcoin market has been starved of liquidity. However, ENS price might experience respite at some point, but this could be toward the end of the year.

If the broader market condition improves, ENS could trade close to $40. At the minimum, the value could slide to $10.

Ethereum Name Service Price Prediction 2026

In 2026, ENS might join other cryptos in a prolonged bear market, resulting in a price range between $5 and $15.

Ethereum Name Service Price Prediction 2030

By 2030, ENS  might experience a higher demand, possibly fueled by rising domain registration. If that happens, ENS market value could trade as high as $100.

Ethereum Name Service Price Analysis

From a technical perspective, the weekly chart shows weakness in the ENS trend.

Within this timeframe, ENS trades within a descending channel. Furthermore, the Chaikin Money Flow (CMF) has dropped below the zero signal line, indicating that bears are largely in control.

If this continues, ENS might face a correction below the $10 support. On the flip side, a rise in demand for the cryptocurrency could change the situation.

ENS long-term price analysis
ENS/USD Weekly Chart | Credit: TradingView

Should that be the case, ENS price could climb as high as $34.08.

Ethereum Name Service Short-term Price Prediction

On a short-term basis, ENS price has broken out of a prolonged downtrend. This happened after the 7% increase in the last 24 hours that led it to retest $15.

Amid this price action, the Relative Strength Index (RSI) has climbed above the neutral line, indicating bullish momentum.

If this is the case for most of the year, the ENS price prediction could be a rise toward $26.67 at the 0.618 golden ratio.

At the same time, traders have to watch out. If the RSI falls below the midpoint, this momentum could fade. In that case, ENS might drop to $11.92.

ENS price prediction
ENS/USD Daily Chart | Credit: TradingView

CCN Strength Index

The CCN Strength Index combines a range of advanced market signals to measure the strength of individual cryptocurrencies over the last 30 days.

Every day, it assigns a strength score, ranging from 0 to 100, to the top 500 assets by market capitalization on CoinMarketCap, focusing on both trend direction and the intensity of price movements.

  • 0 to 24: Assets exhibit significant weakness, showing signs of sustained downtrend behavior.
  • 25 to 35: The price tends to move within stable bounds with minimal volatility.
  • 36 to 49: Assets begin a stable uptrend but without strong surges.
  • 50 to 59: Consistent growth with moderate price advances, building momentum.
  • 60+: Sharp price movements and high demand indicate stronger volatility and trend shifts.

The index dynamically adapts to rapid changes. For example, an asset experiencing a 100% increase within a short timeframe would see a sharp jump in its score to reflect the intensity of the rise.

However, should that asset stabilize at this new price level, the score will gradually taper down and align with the dampened momentum as the movement normalizes.

The same principle applies to rapid declines: a sudden drop will spike the score downward, but as volatility decreases, the score will slowly adjust back up.

As of April 21, 2025, Ethereum Name Service scored 34.1 on the CCN Index, suggesting weak momentum.

ENS CCN Index
ENS CCN Index | Credit: CCN

Best Days and Months To Buy Ethereum Name Service

We examined the ENS price history and found the lowest prices on certain days, months, quarters, and even weeks in the year, indicating the best times to buy Ethereum Name Service.

Time to Buy ENS Best Days, Weeks, Months and Quarters
Best Day Wednesday
Best Week 21
Best Month January
Best Quarter First

Ethereum Name Service Price Performance Comparisons

Ethereum Name Service is a token based on the Ethereum blockchain. So, let’s compare how it’s done over the last 12 months with other Ethereum tokens and ETH itself.

Current Price One Year Ago Price Change
ENS $15.18 $14.39 +1.52%
ETH $3,036 $1,628 -48.51%
OP $0.72 $2.48 -70.73%
LINK $13.44 $13.90 +9.48%

Advantages and Disadvantages of Ethereum Name Service

CCN’s Senior Research Analyst, Toghrul Aliyev, examined Ethereum Name Service and found its advantages and disadvantages.

Advantages of Ethereum Name Service

  • ENS Makes Blockchain More User-Friendly: ENS reduces transaction errors and makes the blockchain more accessible to non-technical users. A misspelling or mistyping a long, complex wallet address can lead to lost funds, but ENS’s easy-to-remember domain names prevent this.
  • Cross-Platform Use: An ENS domain like “ccn.eth” can be used for receiving payments, hosting decentralized websites, interacting with smart contracts, logging into dApps, managing tokens, supporting cross-chain interactions, creating subdomains, linking to social media profiles, facilitating secure messaging, and managing IoT devices.
  • Decentralization: ENS operates on the Ethereum blockchain, which ensures security, censorship resistance, and immutable records. In contrast, traditional domain name systems like DNS rely on a centralized structure. DNS is controlled by authorities such as ICANN, which manage and regulate domain names. While centralized control allows for easier management and regulatory compliance, it also enables authorities to censor or revoke domain names. ENS, due to its decentralized nature, prevents any single entity from making such changes. It provides clear ownership through tokenized assets and reduces attack risks.

Disadvantages of Ethereum Name Service

  • Usability Concerns: ENS could be difficult for non-technical users, making it potentially less accessible and user-friendly for the general public.
  • Namespace Collisions ENS employs a hierarchical naming system, organizing domains in a tree-like structure with various levels. Popular or generic domain names like “shop.eth” often attract multiple interested parties, sparking disputes over ownership. The lack of a central governing body in ENS creates significant challenges in fairly resolving these conflicts and determining rightful ownership of high-demand names. While a first-come-first-served policy is commonly used, it may not always lead to fair or optimal name allocation. Additionally, conflicts can emerge between ENS names and established trademarks, further complicating the situation. The problem is exacerbated by speculation and squatting, where individuals register valuable names solely for resale, limiting availability for genuine users. Lastly, the subjective nature of determining who truly “deserves” a name adds another layer of complexity to the resolution process.

ENS Price History

Time Period Ethereum Name Service Price
Last week (Jan. 13, 2025) $32.51
Last month (Dec. 20, 2024) $38
Three months ago (Oct. 20, 2024) $19.40
One year ago (Jan. 20, 2025) $20.03
Launch price (Nov. 9, 2021) $33.66
All-time high (Nov. 11, 2021) $85.69
All-time low (Oct. 19, 2023) $6.70

Who Owns the Most Ethereum Name Service (ENS) Tokens?

On Jan. 20, 2025, one wallet held more than 50% of the supply of ENS.

Richest ENS Wallet Addresses

As of April 21, 2025, the five wallets with the most ENS were

  • 0xd7a029db2585553978190db5e85ec724aa4df23f. This wallet held 50,007,349 ENS, or 50.01% of the supply.
  • 0x245445940b317e509002eb682e03f4429184059d. This wallet held 10,055,396 ENS, or 10.06% of the supply.
  • 0xfe89cc7abb2c4183683ab71653c4cdc9b02d44b7. This wallet held 9,811,03 ENS, or 9.81% of the supply.
  • 0x690f0581ececcf8389c223170778cd9d029606f2. This wallet held 4,348,044 ENS, or 4.35% of the supply.
  • 0xf977814e90da44bfa03b6295a0616a897441acec. This wallet held 3,877,990 ENS, or 3.88% of the supply.

Ethereum Name Service Supply and Distribution

Supply and Distribution Figures
Total Supply 100,000,000
Circulating supply as of Jan. 20, 2025) 33,165,585 (35.16% of total supply)
Holder distribution Top 10 holders owned 83.05% of the total supply as of Jan. 20, 2025

From the Ethereum Name Service Whitepaper

The Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain.ENS maps human-readable names like ‘Alice.eth’ to machine-readable identifiers such as Ethereum addresses, other cryptocurrency addresses, content hashes, and metadata. ENS also supports ‘reverse resolution’, making it possible to associate metadata such as canonical names or interface descriptions with Ethereum addresses.

Ethereum Name Service (ENS) Explained

To either send or receive cryptocurrency, you need a wallet. Something that can make a wallet difficult to use and, by extension, could potentially put people off using crypto, therefore making it harder for blockchain-based finance to gain mainstream approval, is the wallet address.

Wallet addresses are usually a long string of letters and numbers, which can be hard to remember. The Ethereum Name Service is a protocol that aims to turn wallet addresses into short, easy-to-remember user names.

See it as the equivalent of how the Domain Name Service (DNS) transforms websites’ IP addresses into something a bit more readable, only for crypto wallets, and you’re on the right track.

The Ethereum Name Service, which was set up in 2017 by New Zealand-based developer Nick Johnson, is supported by its native token, known as the ticker handle ENS. Cryptocurrency only started trading in the open market in November 2021.

How ENS Works

The Ethereum Name Service is, perhaps obviously, based on the Ethereum (ETH) blockchain. However, it can work across other blockchains.

In return for an annual fee of between $5 and $640, people who sign up to the platform can change their wallet’s name to something more memorable. Wallets on the Ethereum Name Service end with the extension .eth.

ENS gives holders the right to vote on changes to the Ethereum Name Service, which can also be bought, sold, or traded on exchanges.

Because ENS is based on Ethereum, it is a token rather than a coin. You might see references to such things as an Ethereum Name Service coin price prediction, but these are wrong.

Is Ethereum Name Service a Good Investment?

It is hard to say. ENS rose early in the new year but has since fallen, so we don’t know if it can build on that. Remember that its January price movement was linked to speculation about an ETH ETF, so we will have to see what happens as and when the news dies down.

As always with crypto, you should do your research before deciding whether or not to invest in ENS.

Will Ethereum Name Service go up or down?

No one can tell right now. While the Ethereum Name Service crypto price predictions are largely positive, at least in the long term,  the ENS price prediction has a well-earned reputation for being wrong. Keep in mind, too, that prices can and do go down and up.

Should I invest in Ethereum Name Service?

Before you decide whether or not to invest in Ethereum Name Service, you will have to do your research, not only on ENS but also on related coins and tokens such as Ethereum itself.

Either way, you must also ensure that you never invest more money than you can afford to lose.

FAQs

How many Ethereum Name Service are there?

On Jan, 20, 2025, 35.36 million ENS were in circulation out of a total supply of 100 million.

Will Ethereum Name Service reach $100?

Our price predictions suggest that ENS could reach $100 by 2030.

What is Ethereum Name Service used for?

The ENS token is used to give people the right to vote on changes to the Ethereum Name Service network. It can also be bought, sold, and traded on exchanges. 

Disclaimer

Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

Victor Olanrewaju

Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.

With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.

He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.

In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.

At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.

He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.

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