ENS, which stands for the Ethereum Name Service, witnessed a phenomenal increase of more than 50% in the value of its governance token on Wednesday. The abrupt increase in price may be ascribed to the influential endorsement provided by Vitalik Buterin, one of the co-founders of the Ethereum blockchain. Investors were energized and the ENS token reached unprecedented heights as a result of Buterin’s unequivocal declaration concerning the project’s importance. Related Reading: SEI What? Token Rules Top 100 Listing With 80% Rally As Crypto Market Wobbles Buterin’s Endorsement: ENS And Ethereum’s Future With Buterin calling ENS “super important”, the project’s potential influence on the Ethereum community and the decentralized web is clear. The endorsement of Buterin frequently acts as a catalyst for increased interest and investment in the cryptocurrency and blockchain industries, where his words carry considerable weight. All L2s should be working on (trustless, merkle-proof-based) CCIP resolvers, so that we can have ENS subdomains registerable, updateable and readable directly on L2s. ENS is super-important, it needs to be affordable!https://t.co/Ice1lTttF ..
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