Ethereum Name Services (ENS), a blockchain-based domain service, completed 2022 with 2.2 million registrations.
According to ENS Domains, the increase in registrations is a result of the merger that Ethereum developers left behind. It was previously announced that there was an increase in the market volume, NFTs and transaction prices of ETH. Also, there was steady growth in monthly enrollment data. Thus, ENS managed to surpass an important milestone in 2022.
ENS Registrations Exceed 2.2 Million
In a Twitter post shared by ENS, it was reported that ENS users created 2.2 million different domains in 2022. At the same time, it was stated that these new addresses are 80 percent of those created so far.
Data from Dune Analytics shows that ENS has approximately 2.82 million names registered and 630,340 ENS domain owners as of January 2.
The data shows that September saw the largest number of ENS records created last year, with 437K ENS domains registered. It is among the prominent details that Coinbase’s ENS integration significantly affects new records in 2022. May 2022 was the most prolific month for ENS, as low gas fees on the Ethereum network also played a role in the increase in “eth” domain registrations.