ENS stops L2 Namechain development, v2 will be directly deployed on the Ethereum mainnet

According to official news, ENS v2 will be deployed directly on the Ethereum mainnet and will cease the development of its proprietary Layer 2 network Namechain.

This decision stems from the Ethereum L1 scaling speed exceeding expectations. After the Fusaka upgrade in 2025, which will raise the Gas limit to 60 million, the Gas cost for ENS registrations has decreased by 99% over the past year, with the average registration fee now below $0.05. Nick.eth stated that although the development of Namechain will stop, the roadmap for ENS v2 remains unchanged, and users will still experience features such as one-step registration, support for cross-chain stablecoin payments, and a completely new registry design.

The ENS team believes that staying on L1 can eliminate the additional trust assumptions brought by L2 and leverage Ethereum's strongest infrastructure guarantees. Currently, the brand new ENS App and ENS Explorer have entered public Alpha testing.