以太坊名稱服務（ENS）作為去中心化身分基石準備增長

強勁的鏈上活動、看漲的市場情緒以及 Coinbase 執行長 Brian Armstrong 的關鍵認可共同推動了以太坊名稱服務 (ENS) 價格的大幅上漲。

The recent price surge of Ethereum Name Service (ENS) has captivated the crypto community. This article delves into the driving forces behind ENS's astronomical rise, uncovering the synergy of factors that propelled the token to new heights.

最近以太幣名稱服務（ENS）的價格飆升吸引了加密貨幣社群。本文深入探討了 ENS 天價崛起背後的驅動力，揭示了推動該代幣達到新高度的因素的協同作用。

Rising On-Chain Activity Fuels ENS Momentum

鏈上活動的增加推動了 ENS 的發展勢頭

Recent on-chain data reveals a compelling narrative for ENS, with both transaction count and velocity surging since late October. These metrics serve as crucial indicators of a token's adoption and utility within its ecosystem.

最近的鏈上數據揭示了 ENS 的引人注目的故事，自 10 月底以來，交易數量和速度都在飆升。這些指標是代幣在其生態系統中的採用和效用的關鍵指標。

Transaction count measures the number of unique daily network transactions, highlighting user activity and confidence in ENS as a functional asset. At the same time, the increasing velocity of a token indicates how frequently it changes hands, reflecting its role in daily blockchain interactions.

交易計數衡量每日唯一網路交易的數量，突顯使用者活動和對 ENS 作為功能性資產的信心。同時，代幣流通速度的增加顯示它易手的頻率，反映了它在日常區塊鏈互動中的作用。

When combined, these metrics provide a clear picture of a robust and active network, which ultimately contributes to sustained price appreciation.

將這些指標結合起來，可以清楚地了解強大而活躍的網絡，最終有助於價格持續升值。

Collectively, these metrics paint a clear picture of a robust and active network, setting the stage for sustained price appreciation.

總的來說，這些指標清晰地描繪了一個強大而活躍的網絡，為價格持續升值奠定了基礎。

Crucial Indicator Highlights Holder Optimism

關鍵指標凸顯持有者的樂觀情緒

Adding to this momentum is the 90-day Market Value to Realized Value (MVRV) , which remains positive. This indicator suggests that ENS token holders are experiencing unrealized profits, creating a psychological barrier to sell and fostering a sense of optimism for further gains.

90 天市值與已實現價值 (MVRV) 仍為正值，進一步增強了這一勢頭。該指標表明 ENS 代幣持有者正在經歷未實現的利潤，從而形成了出售的心理障礙，並培養了對進一步收益的樂觀情緒。

This positive sentiment amplifies the token’s upward momentum, as investors increasingly view ENS as a valuable long-term asset.

隨著投資者越來越將 ENS 視為有價值的長期資產，這種積極情緒放大了該代幣的上漲勢頭。

Coinbase CEO's Endorsement: A Pivotal Moment

Coinbase執行長的認可：關鍵時刻

A key catalyst for ENS's recent surge was the endorsement by Coinbase CEO Brian Armstrong, who went on to describe ENS as a crucial piece in the decentralized identity puzzle. Armstrong's statement, "The Internet of Money is happening," underscores the transformative potential of blockchain-based identities, with ENS playing a pivotal role.

ENS 最近飆升的關鍵催化劑是 Coinbase 執行長 Brian Armstrong 的認可，他接著將 ENS 描述為去中心化身份難題中的關鍵部分。阿姆斯壯的聲明「貨幣互聯網正在發生」強調了基於區塊鏈的身份的變革潛力，其中 ENS 發揮關鍵作用。

By linking user-friendly domain names to Ethereum addresses, ENS simplifies blockchain interactions, making it an integral tool for mainstream adoption.

透過將用戶友好的網域連結到以太坊地址，ENS 簡化了區塊鏈交互，使其成為主流採用的不可或缺的工具。

Armstrong's vision outlined ENS as part of a broader ecosystem essential for consumer utility. Together with solutions like smart wallets (to reduce onboarding friction) and stablecoins (like USDC for a reliable medium of exchange), ENS provides the identity layer needed to connect users seamlessly to decentralized applications.

阿姆斯壯的願景將 ENS 概述為對消費者公用事業至關重要的更廣泛生態系統的一部分。與智慧錢包（以減少入門摩擦）和穩定幣（如 USDC 等可靠的交易媒介）等解決方案相結合，ENS 提供了將用戶無縫連接到去中心化應用程式所需的身份層。

This endorsement from a high-profile industry leader not only validated ENS’s utility but also attracted new interest from investors and developers eager to capitalize on its growing relevance.

來自知名行業領導者的認可不僅驗證了 ENS 的實用性，還吸引了渴望利用其日益增長的相關性的投資者和開發商的新興趣。

What's Next for ENS?

ENS 的下一步是什麼？

The combination of increasing on-chain activity and strategic positioning within the blockchain ecosystem suggests a bullish outlook for ENS. The Coinbase CEO’s recognition of ENS as a fundamental element of decentralized identity has sparked renewed interest, encouraging both retail and institutional participation.

鏈上活動的增加和區塊鏈生態系統中的策略定位相結合，顯示 ENS 的前景看好。 Coinbase 執行長意識到 ENS 是去中心化身分的基本要素，這引發了新的興趣，鼓勵散戶和機構參與。

As the infrastructure for "The Internet of Money" continues to mature, ENS is likely to see further adoption, boosting its value proposition.

隨著「貨幣互聯網」的基礎設施不斷成熟，ENS 可能會進一步採用，從而提升其價值主張。

However, the trajectory of ENS’s growth is not without challenges. Broader macroeconomic factors, such as market volatility or changes in investor sentiment, could affect its price momentum. Additionally, competition from other decentralized identity solutions could impact its dominance in the long term.

然而，ENS 的發展軌跡並非沒有挑戰。更廣泛的宏觀經濟因素，例如市場波動或投資者情緒的變化，可能會影響其價格動力。此外，從長遠來看，來自其他去中心化身分解決方案的競爭可能會影響其主導地位。

Collectively, these factors are shaping the narrative of ENS's price trajectory, offering valuable insights into the dynamics of the crypto market.

總的來說，這些因素正在塑造 ENS 價格軌跡的敘述，為加密貨幣市場的動態提供有價值的見解。