Ethereum Name Service’s spectacular performance sends BAYC packing

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EthereumNameService’s [ENS] spectacular performance sends BAYC packing

So it may not be surprising that ENS produced 1,131 ETH in trading volume over the past day. Sales also went up to 3,015 within the same period on OpenSea.

Compared to ENS, BAYC did not perform poorly in the last 24 hours, as it recorded a 169% increase in volume on the NFT platform. Although the previous seven days’ performance was a 40% decline, BAYC recorded 1.871 ETH in trading volume. Beyond the activities on OpenSea, DappRadar that there had been 5,531 overall traders involved in the $2.33 million ENS transaction from 5 September till press time.In light of this landmark, ETH and its “counterparts” seem to have built upon it with price increases. At press time, the ENS native token was up 7.90% while trading at $14.40.

 

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