ENS vs Gas

    ENS registration is cheap, but gas is not. Do more people register domains when gas is lower? Was there a spike in registrations when during recent ETH price dips?

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    ENS Gas analysis

    The graphs below show:

    (1). Daily average ETH transaction fees

    (2). Daily ENS registrations

    (3). Number of ENS registration by fee bucket

    Conclusion

    (1). Generally users are registering ENS domains when the gas fees are low on Ethereum, and most of the registration events have cost under $10 in gas fees.

    (2). Both the number of ENS registration and ETH gas fees have been drastically increasing in fall of this year.

    (3). recently when the gas fees on ETH decreased the number ENS domains registered spiked

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