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ENS Surges Post-Buterin's Endorsement, Hits New High Since April

source-logo  coingape.com 03 January 2024 22:35, UTC

The Ethereum Name Service (ENS) token witnessed an extraordinary surge, leaping over 50% in value, recording a 6-month high of $14.71 before facing resistance. This remarkable increase traces back to an endorsement by Ethereum co-founder Vitalik Buterin. Buterin, a pivotal figure in the blockchain community, emphasized the critical role of ENS in the broader crypto ecosystem. His statements fueled a substantial rise in the token’s value, catapulting it to its highest point since April.

coingape.com