Foresight News reports that ENS founder nick.eth announced that ENSv2 will be deployed directly on the Ethereum mainnet and the development of its proprietary Layer 2 network Namechain will be halted. The decision was driven by the faster-than-expected expansion of Ethereum L1, and after the Fusaka upgrade in 2025 increased the Gas limit to 60 million, ENS registration Gas costs have decreased by 99% over the past year, with the average registration fee dropping below $0.05. nick.eth stated that although development of Namechain has stopped, the roadmap for ENSv2 remains unchanged, and users will still experience features such as single-step registration, support for cross-chain stablecoin payments, and a brand-new registry design. The ENS team believes that staying on L1 can eliminate the additional trust assumptions brought by L2 and leverage Ethereum’s strongest infrastructure guarantees. Currently, the new ENS App and ENS Explorer have opened public Alpha testing.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Sky Lianechuang Rune two crude oil long positions turned profitable, Ethereum and Nasdaq 100 short positions still at a loss
On March 13, multiple leveraged trading positions of Sky co-founder Rune showed divergent profits and losses. The 20x leverage WTI crude oil long position and 7x Brent crude oil long position were profitable, but the 7x Ethereum and Nasdaq short positions remained in loss, with overall losses approaching $300,000.
GateNews13m ago
Machi Big Brother Huang Li-cheng increased his long position in Ethereum to 6,400 units and placed 23 limit sell orders in the $2,117-$2,200 price range.
Gate News reports that on March 13, according to Hyperbot data, Maoji Older Brother Huang Licheng added to his 25x leveraged ETH long position approximately 1 hour ago. His current position holds 6400 ETH with unrealized profits of approximately $484,000, and the liquidation price is around $1980. Additionally, he has placed 23 limit sell orders in the $2117-2200 price range.
GateNews15m ago
Anchorage Digital Integrates Puffer Finance to Provide Institutional Ethereum Restaking Services
Anchorage Digital and Puffer Finance have integrated, allowing institutional clients to participate in Ethereum liquid restaking on their platform without the need to operate validators themselves, thereby reducing technical and compliance complexities. This integration aims to expand institutional access to on-chain services, including staking and governance. The restaking market has become an emerging sector, with a locked-in value of $7.2 billion, and institutional demand for this strategy continues to grow.
MarketWhisper20m ago
Etherscan Warning: Address Poisoning Attacks Surge 612% Following Ethereum Fusaka Upgrade
Etherscan warns that after the Fusaka upgrade, Ethereum address poisoning attacks surged 612%, with 17 million attempts, affecting 1.3 million users, resulting in losses of $79.3 million. The platform recommends users manually verify addresses, use ENS domains, and other security measures.
GateNews34m ago
Five Major Funds "Restrict" Private Credit Redemptions, Impact on Cryptocurrency Liquidity Ahead of FOMC
Since late February, multiple private credit fund managers have restricted redemption requests, creating a liquidity crisis. Investors may turn to liquid assets like Bitcoin to raise funds. With the FOMC meeting approaching, this could further exacerbate fragility in the crypto market, while rising credit risk at Deutsche Bank has intensified market anxiety.
MarketWhisper39m ago
