Ethereum Name Service (ENS) Saw a Dip in .eth Name Registrations

After peaking at a year-to-date high at the end of April, monthly registrations on the protocol dwindled.

After hitting a year-to-date peak in April, monthly registrations on the protocol fell.

On-chain data showed that the count of .eth names registered totaled 20,131 in June, down 30% month-over-month (MoM) from the 28,949 .ETH name registrations recorded in May.

Moreover, primary ENS name registrations fell to its year-to-date low at the end of June. With a primary ENS name, decentralized applications (dAPPs) can find and display such a user’s ENS name when connected to the user’s Ethereum account.

During those 30 days, the number of primary ENS names registered was 14,401, down 39% MoM and 55% from the 31,982 primary names registered at the beginning of the year.

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