The price of ENS token rocketed up from yearly lows as Vitalik Buterin lauded the importance of Ethereum Name Service.
The governance token of the Ethereum Name Service (ENS) surged as high as 72% on Jan. 3 after the domain platform received praise from Ethereum co-founder Vitalik Buterin.
In a Jan. 3 post to X (formerly Twitter) Buterin lauded the Ethereum Name Service as “super important” and reiterated that the service should remain accessible and affordable to all users of the Ethereum network, especially those on layer-2 networks.
“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,” said Buterin.
