Bitcoin‘s price is positive and a popular altcoin is rapidly rising due to the recently announced partnership with GoDaddy. We have seen ENS Coin’s price excitingly increase with the support of Vitalik Buterin lately. The latest announcement points to more growth for ENS Coin in both the short and long term.
Why Is ENS Coin on the Rise?
The Ethereum Name Service (ENS), a wallet domain name service launched on the Ethereum network, has reached an agreement with GoDaddy. Accordingly, normal domain addresses will be able to link to ENS domain names. Although the pace of Web3’s adoption by mainstream companies has slowed down a bit, partnerships are starting to accelerate again.
The agreement between ENS and GoDaddy reflects a significant step by the traditional internet giant into crypto and its belief in the future of Web3. ENS’s founder Nick Johnson wrote:
“Beyonce owns Beyonce xyz, and now you can simply go to the GoDaddy page, enter your address, and create a wallet. You can currently use this integration to set up your Ethereum address, but in the future, it should be possible to do this for addresses across all chains to set up text records, so that .xyz or .com can create your Web3 profile.”
