According to on-chain analytics platform Dune Analytics, Ethereum Name Service [ENS] closed 2022 with the lowest monthly count of .eth domain registrations over a 12-month period.
Domain name purchases on Ethereum Name Service embarked on a steady decline after it logged a monthly high of 437,365 .eth name registrations in September. Since then, the count of monthly registrations dropped by 88%.
The steady fall in monthly .eth registrations was an indication of dying interest in domain name services within the web3 ecosystem.
All Comments