Methodology

✨​ Users Joining With ENS Names : Unique ENS Registiration wallets.

✨​ Why we choosed this metrics : Most important metrics about the ENS is probably Registirations and Sales this two thing are the only main data we need to show serious attention.

✨ ENS Holders : People who hold at least one ENS name.

What is the Ethereum Name Service?

The Ethereum Name Service is a distributed, open and expandable naming system that interacts with the Ethereum blockchain.

Similar to the role of the DNS mentioned above, the role of the ENS is to map human-readable names such as "john.eth" to a machine-readable name such as a wallet address like "8g978dl39ji9xl."

Through the ENS, users can buy and manage their own domains, meaning that secure and decentralized transactions can take place without having to deal with long and complex addresses. It also reduces the likelihood of any input errors when typing out the recipient’s address to send funds.

🔎 What's in this dashboard?

In this dashboard we will be looking at the ENS ( Ethereum Name Service ).

Things we will be looking at :

⭐​ Total ENS Holders.

⭐​ Avg ENS NFT Holdings Per Wallet.

⭐​ Total ENS Registered.

⭐​ Total ENS Renewed.

⭐​ Daily ENS Registrations.

⭐​ Daily ENS Name Joiners.

⭐​ Daily ENS Sales Volume And Sales.

Findings

💫​ Sales volume doubled during the end of April and this hype still continues.

💫​ Number of unique buyers + sellers increased , while unique wallets who registers a ENS name only doubled in April, this numbers are much higher for Buyers and Sellers.

==This shows us, users maybe buying ENS names , instead of registering with new ones, most popular ENS names are taken so wallets buy this names instead of thinking about new one.==

Findings

💫​ We can see that while the number of new joiners are in the level of Jan to Mar , registrations doubled in October, this years peak was seen during the May and decrease started after the July.

This shows us while people register more than one ENS Name , less new people joins.

News about the ENS and Opensea collaboration didn’t make much difference in registrations .

Total Metrics For ENS - Registrations, Holders, Renew , AVG Holdings.

Daily Metrics Registrations - Date >= ‘2022-01-01’ - Registrations , Users

Daily Metrics NFT Sales - Date >= ‘2022-01-01’ - Volume, Buyers and Sellers

Daily Metrics Overview - Price , Registrations , Sales - Date >= ‘2022-01-01’

Cumulative Sales + Volume ( ETH )

💫 While ENS registrations are still popular, number of new joiners are low compared to this joiners, this shows us users registers more than one ENS name.

💫​ Hype for the ENS continues, sales + registirations still up from the levels in January.

💫​ Sales , registirations are not affected by the price of ENS Token. This shows us people buy ENS for its use cases.

💫 While number of unique users registering a ENS has dropped, number of unique buyers in secondary sales are still up, or the volume is still high, there are few reasons for this most of the popular ENS names are taken and people want to buy this ENS names instead of finding a new name to register it even if its price is much low.

Findings

💫​ Number of Sales or registrations are not correlated with ENS token price but the sales and registrations are correlated, during May 12 sales , registrations and price made a peak, during Jul 4 both sales and registrations made a peak or in Sep 10, so sales and registrations are correlated with each other .

Findings

💫​ We can see the hype in the ENS names both sales volume and sales have increased significantly in April and this hype for ENS still continues.