$ENS ENS is the native token of the Ethereum Name Service, a decentralized naming protocol on Ethereum that maps human-readable names (like yourname.eth) to crypto addresses and metadata.

It currently trades around ≈ $9–10 USDT per ENS on most major exchanges.

ENS has a total supply of 100 million tokens, with about ~38 million currently circulating.

The token is down significantly from its all-time high (~$85), reflecting broader market weakness in altcoins.

Recent price action shows breakdowns below key short-term support levels, suggesting bearish momentum.

A delisting of margin trading pairs on some exchanges reduced speculative liquidity, adding to selling pressure.

Short-term support appears near ≈ $9.20, with resistance around the $10–$11 range.

ENS’s utility ties to Web3 adoption and decentralized identity, which offers long-term growth potential if adoption increases.

Market sentiment for altcoins in general remains cautious compared to Bitcoin and Ethereum.

Price predictions from various models show mixed bullish long-term potential but highlight high volatility and risk.

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