Ethereum Name Service Touts ThirdHighest Monthly Revenue as Merge Approaches

The Ethereum Name Service reported its third highest month of revenue in August, with 2.17 million ENS domain names created on the service. ENS Domains said it added 2,744 ETH (around $4.3 million) in revenue and 34,000 new Ethereum accounts using at least one ENS name to its books in August. The Ethereum Name Service or ENS manages the issuance and renewal of .eth domain names built on Ethereum. ENS domains can be linked to one’s cryptocurrency wallet, meaning that instead of providing a sender with a long Ethereum address, users can give their .eth domain name to receive a transaction.