Gate News Bot Report, February 14 — According to CoinMarketCap data, ENS (Ethereum Name Service) is currently priced at $6.68, up 15.55% in the past 24 hours. The highest price reached $7.16, while the lowest dipped to $5.41. 24-hour trading volume is $112 million. The current market capitalization is approximately $255 million, an increase of $34.3 million from yesterday.
ENS is an identity protocol for Web3 designed to convert complex crypto addresses into simple, memorable names. ENS names serve as identity identifiers in Web3, offering concise, easy-to-remember names that maintain consistency across internet platforms. Users have full ownership of their ENS names without intermediaries, fully in control. ENS is governed by a community-driven nonprofit organization dedicated to building a better internet. The platform now has over 630,000 domain owners and 1.34 million domains, with deep collaborations with partners like Rainbow, Brave, GoDaddy, Etherscan, Uniswap, and more, achieving over 600 integrations.
Recent Important ENS News:
1️⃣ Namechain L2 Development Plan Adjusted, Focus Shifts to Ethereum Mainnet Development
ENS Labs has officially shelved its original independent expansion plan for Namechain L2 and decided to focus entirely on developing ENSv2 on the Ethereum mainnet. Previously, ENS planned to collaborate with Linea to develop Namechain as a dedicated Layer 2 network, but this strategy has been abandoned. This adjustment reflects a reassessment of the project’s technical direction, shifting toward a more stable mainnet integration approach.
2️⃣ Cautious Attitude Toward Layer 2 Networks Drives Strategic Reassessment
As the Ethereum ecosystem’s understanding of Layer 2 risks deepens, ENS Labs has reevaluated its expansion route. The project conducted an in-depth risk assessment of Layer 2 solutions and ultimately chose to upgrade and optimize the ENS system on the Ethereum mainnet. This decision underscores a focus on ecosystem security.
3️⃣ Ecosystem Integration Continues to Expand, Supporting Fundamentals
ENS has integrated with over 600 applications, maintaining high levels of domain ownership and domain counts. The extensive ecosystem partner network and growing on-chain applications provide stable fundamental support, strengthening ENS’s position as a Web3 identity infrastructure.
This message is not investment advice. Investors should be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
A certain address’s ETH swing trading generated a profit of $256k, and it has completed take-profit and exited.
Gate News message, April 7, according to crypto analyst Ai Yi monitoring, a certain address built a position of 4,827 ETH at about $2,047.53 between April 4 and April 5, and sold it on April 7 at about $2,100.94. This batch of ETH was transferred to a certain CEX within the past 3 hours and exchanged for USDT; the transaction amount was approximately $10.14 million. The profit from this swing trade was approximately $256k.
GateNews21m ago
Tom Lee has released a post-war asset ranking, with Ethereum outperforming the broader market to win second place.
Tom Lee said on CNBC that since the start of geopolitical conflicts, Ethereum has outperformed the broader market, posting a gain of more than 8% and ranking second globally. Wartime fiscal spending is expected to grow, which will provide support for the market. BitMine recently holds more than 4.8 million Ether—equivalent to more than 4.8 million Ethereum—showing bullish confidence and strategy.
MarketWhisper49m ago
Tom Lee: The crypto winter is about to come to an end, and BitMine is accelerating its purchases of Ethereum
Ethereum reserve firm BitMine has recently accelerated its purchases of ETH. Its ETH holdings have surpassed 4.8 million coins, and its asset size has reached $11.4 billion. The company’s chairman, Tom Lee, believes that the mini-crypto winter is nearing its end, and that ETH’s current price does not yet reflect its high usability and its position as a direction for future financial development.
BitMine accelerates buying ETH
BitMine disclosed its latest crypto holdings yesterday. As of April 6, BitMine holds assets worth $11.4 billion, including:
4,803,334 ETH
198 bitcoins
$92 million in Eightco Holdings stock (ORBS)
Beast worth $200 million
ChainNewsAbmedia56m ago
BitMine Holds Nears 4% of Ethereum Supply as ETH Price Hits Weekly High
BitMine Immersion Technologies (BMNR), the publicly traded Ethereum treasury firm chaired by Tom Lee, added 71,252 ETH (approximately $152 million) in the week ending April 5, 2026, bringing its total holdings to 4.803 million ETH valued at roughly $10.3 billion and representing 3.98% of the circulating token supply.
CryptopulseElite57m ago
Whale address 0xA5CB has deposited 60k ETH worth $128.8 million to a certain CEX within the past 4 hours
Gate News update, April 7, Lookonchain monitoring shows that whale address 0xA5CB deposited 60,001 ETH worth approximately $128.8 million into a certain CEX within the past 4 hours.
GateNews1h ago
ETH 15-minute drop of 1.12%: On-chain MEV arbitrage and exchange sell pressure converge to trigger a pullback
2026-04-06 22:45 to 2026-04-06 23:00 (UTC), ETH saw a clear drop within 15 minutes, with the K-line return at -1.12%, and the price range from 2105.5 to 2129.3 USDT, with a swing of 1.12%. During this period, market attention quickly increased; capital flows and volatility intensified; trading volume surged rapidly; and investor sentiment leaned toward caution.
The main driving force behind this abnormal move is that on-chain high-frequency traders carry out arbitrage using MEV (Maximal Extractable Value) strategies through…
GateNews3h ago
