Ethereum

Based

when

Ethereum Name Service

Coin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/paypal-integration-boosts-ens-coin-price-by-5-21/" data-wpel-link="internal">PayPal Integration Boosts ENS Coin Price by 5.21%</a> 
With the latest announcement, the ENS Coin <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">price</a> surged by 5.21% in a single 5-minute candle, reaching up to $17.7. This rise is related to PayPal’s opening of ENS addresses to all <a href="https://en.coin-turk.com/how-us-national-debt-could-influence-bitcoins-value/" data-wpel-link="internal">crypto</a> users. 
<h2 style="text-align: justify" id="why-is-ens-coin-rising">Why Is ENS Coin Rising?</h2> 
At the time of writing, the ongoing rise is related to PayPal and Venmo integration with ENS wallet addresses. According to the press release by ENS Labs, this feature, initially supported for US customers, will eliminate the hassle of wallet addresses. ENS services are akin to entering a website using a domain address rather than an IP address. 
Numbers are complicated and hard to remember. However, domain addresses are much more memorable. Based on this, the Ethereum Name Service was initiated, allowing the creation of wallet addresses in the style of username.eth. Thus, when users transfer ETH or ETH tokens to someone, they can use the recipient’s ENS name instead of a string of numbers and letters. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-387921 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/09/ENSUSDT_2024-09-10_19-05-32.png" alt="" width="1814" height="836"> 
We saw a 5% increase in ENS Coin price with <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">the announcement</a>. In the coming hours, if BTC does not experience significant drops, ENS Coin could remain strong. 
The post <a href="https://en.coin-turk.com/paypal-integration-boosts-ens-coin-price-by-5-21/" data-wpel-link="internal">PayPal Integration Boosts ENS Coin Price by 5.21%</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

PayPal Integration Boosts ENS Coin Price by 5.21%

Table of Contents

COINTURK NEWS

Other articles published on Sep 10, 2024

Solana Holds Strong Above Key Support Level Since April: What’s Next?

How Soon Could Bitcoin Price Hit $100K?

XRP Produced Seventh Green On Wave Trend Indicator. Here’s the Significance

U.S. Presidential Candidate Kamala Harris Publishes Her Policies: Are There Cryptocurrencies in It?

Altcoin Season on the Horizon: Conditions for the Anticipated Rally Unveiled!

Top Analyst Reveals XRP Key Support and Resistance For 4,400% Price Rally

Join our free newsletter for daily crypto updates!