Around 80% of all ENS domains created after the project’s start, according to Cointelegraph, were registered in 2022.
According to Cointelegraph, 2022 was a successful year for Ethereum Name Service, with the company registering 2.2 million domains.
Around 80% of all ENS domains created after the project’s start, according to Cointelegraph, were registered in 2022. As of January 2, 2023, according to data from Dune Analytics, ENS had amassed almost 2.82 million names and had 630,340 ENS domain owners.
According to Cointelegraph’s research, the service has been supported by users who have chosen ENS names for decentralized earnings that work across decentralized applications and platforms. According to reports, ENS domains function as non-fungible Ethereum wallet addresses or website URLs (NFTs). The service is thought to have had relationships with exchange providers including Coinbase, who announced its integration with ENS in September 2022.
Users may claim “name.cb.id” identities using the Coinbase Wallet browser extension by utilizing default domain names that end in “.eth,” thanks to Coinbase’s integration of the service. One of the justifications for supporting Coinbase’s implementation of the ENS service was to make Web 3.0 more user-friendly.
Additionally, according to data for September 2022, 437,000 new registered domains were created, according to Cointelegraph. It is thought that the statistics even implied that the impact on new sign-ups in 2022 was caused by the exchange’s ENS integration.
