Ethereum Name Service (ENS) is enjoying a bullish session today, driven by the renewed focus on digital identity and user experience in Web3. The governance token has reacted positively to recent comments from industry leaders emphasizing the importance of decentralized naming systems. As the 'DNS of the blockchain,' ENS continues to see steady registration numbers, providing a consistent revenue stream for the DAO. The price of ENS has broken through local resistance, signaling strong buying interest. Speculation regarding a potential Layer 2 expansion for ENS is also fueling the positive sentiment. Reducing gas costs for domain management would likely trigger a new wave of mass adoption. Market participants are treating ENS as a blue-chip infrastructure play. Technical indicators show growing momentum, although the token faces resistance at psychological round numbers. If the broader Ethereum ecosystem rallies, ENS is well-positioned to outperform due to its high visibility and strong brand recognition within the crypto community.