Cryptocurrencies have long since emerged from the underground to the mainstream, and now Google is taking a new step. It was already a significant move when Google started displaying direct cryptocurrency prices in search results. The company has now begun to show wallet balances for addresses.
Why is ENS Coin on the Rise?
Ethereum Name Service allows the use of complex wallet addresses on the internet in the same way domains are used. For example, instead of complex numbers, you get an ENS address like yourname.eth, which you can easily share. This is actually similar to easily accessing websites directly through domains instead of IP addresses.
Google recently added search result support for ENS domain names. As you can see above, when you search for different ENS addresses like vitalik.eth, the wallet balance is easily visible. This means that Ethereum blockchain queries are now being directly used by Google.
At the same time, this move legitimizes the Ethereum Name Service and increases its importance, leading to ENS Coin’s price reaching its daily peak. Just a few minutes ago, the price was at $20.87, and now it has climbed to $22.42. We had seen a similar rise after Vitalik Buterin recently praised ENS in a post.
