以太坊名称服务（ENS）作为去中心化身份基石准备增长

强劲的链上活动、看涨的市场情绪以及 Coinbase 首席执行官布莱恩·阿姆斯特朗 (Brian Armstrong) 的关键认可共同推动了以太坊名称服务 (ENS) 价格的大幅上涨。

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.

最近以太坊名称服务（ENS）的价格飙升吸引了加密货币社区。本文深入探讨了 ENS 天价崛起背后的驱动力，揭示了推动该代币达到新高度的因素的协同作用。

Rising On-Chain Activity Fuels ENS Momentum

链上活动的增加推动了 ENS 的发展势头

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.

最近的链上数据揭示了 ENS 的引人注目的故事，自 10 月底以来，交易数量和速度都在飙升。这些指标是代币在其生态系统中的采用和效用的关键指标。

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.

交易计数衡量每日唯一网络交易的数量，突出显示用户活动和对 ENS 作为功能性资产的信心。与此同时，代币流通速度的增加表明它易手的频率，反映了它在日常区块链交互中的作用。

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

将这些指标结合起来，可以清楚地了解强大而活跃的网络，最终有助于价格持续升值。

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

总的来说，这些指标清晰地描绘了一个强大而活跃的网络，为价格持续升值奠定了基础。

Crucial Indicator Highlights Holder Optimism

关键指标凸显持有人的乐观情绪

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 天市值与已实现价值 (MVRV) 仍为正值，进一步增强了这一势头。该指标表明 ENS 代币持有者正在经历未实现的利润，从而形成了出售的心理障碍，并培养了对进一步收益的乐观情绪。

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

随着投资者越来越将 ENS 视为有价值的长期资产，这种积极情绪放大了该代币的上涨势头。

Coinbase CEO's Endorsement: A Pivotal Moment

Coinbase首席执行官的认可：关键时刻

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 最近飙升的一个关键催化剂是 Coinbase 首席执行官布莱恩·阿姆斯特朗 (Brian Armstrong) 的认可，他接着将 ENS 描述为去中心化身份难题中的关键部分。阿姆斯特朗的声明“货币互联网正在发生”强调了基于区块链的身份的变革潜力，其中 ENS 发挥着关键作用。

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

通过将用户友好的域名链接到以太坊地址，ENS 简化了区块链交互，使其成为主流采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.

阿姆斯特朗的愿景将 ENS 概述为对消费者公用事业至关重要的更广泛生态系统的一部分。与智能钱包（以减少入门摩擦）和稳定币（如 USDC 等可靠的交易媒介）等解决方案相结合，ENS 提供了将用户无缝连接到去中心化应用程序所需的身份层。

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.

来自知名行业领导者的认可不仅验证了 ENS 的实用性，还吸引了渴望利用其日益增长的相关性的投资者和开发商的新兴趣。

What's Next for ENS?

ENS 的下一步是什么？

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.

链上活动的增加和区块链生态系统中的战略定位相结合，表明 ENS 的前景看好。 Coinbase 首席执行官认识到 ENS 是去中心化身份的基本要素，这引发了新的兴趣，鼓励散户和机构参与。

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

随着“货币互联网”的基础设施不断成熟，ENS 可能会得到进一步采用，从而提升其价值主张。

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 的发展轨迹并非没有挑战。更广泛的宏观经济因素，例如市场波动或投资者情绪的变化，可能会影响其价格动力。此外，从长远来看，来自其他去中心化身份解决方案的竞争可能会影响其主导地位。

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

总的来说，这些因素正在塑造 ENS 价格轨迹的叙述，为加密货币市场的动态提供有价值的见解。