<ul><li>ENS token rises more than 10% as ENS Labs announces Namechain Ethereum layer 2 solution.</li><li>Namechain aims to scale blockchain identity by making it easier to register names at reduced costs via rollups.</li><li>ENSv2 and Namechain will simplify the process of registering names, updating records, and managing decentralized websites.</li><li>The ENS token spiked initially but has now decreased below its pre-announcement price.</li></ul>

ENS token rises 10% as ENS Labs announces ‘Namechain’ Ethereum L2

Discover more