There were 437,000 new ENS domain registrations in September 2022, generating over $5.5 million in revenue. On the secondary NFT marketplace OpenSea, which accounts for 97% of all ENS sales, three and four-character ENS names find buyers at very high prices, like 555.eth, which was sold for $150,000 recently. If you own a DNS domain name, you can also use it with ENS. Here, the owner can be a user with a crypto address or another smart contract that the Registry grants the right to issue subdomains. It is the part that is responsible for converting machine-readable addresses to names. ENS is the DAO’s governance token launched in November 2021. Source: NFTNewsToday.com #Ethereum