Will ENS’ focus on governance be enough to improve quarterly results?

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ENS outranks major cryptocurrencies in terms of governance. Whale interest remains high despite the declining token activity. According to recent data, the Ethereum Name Service (ENS) outperformed other major cryptocurrencies in terms of governance activities. Apart from MakerDAO and Optimism, ENS’ governance activity was the highest in the crypto space. The increasing activity on ENS’s […]

Whale interest remains high despite the declining token activity. outperformed other major cryptocurrencies in terms of governance activities.

. Over the last three months, the revenue collected by ENS fell by 54.3%, according to the token terminal.These factors also impacted the activity of the ENS token. Despite the decline in performance, large addresses continued to show interest in the ENS token. And their interest could be one of the reasons why ENS observed a surge in its prices.

 

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