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ENS Abandons Its Planned Namechain L2, Citing Drastically Lower Gas Costs

Summary by Cointelegraph
ENS has abandoned its planned "Namechain" L2, citing drastically lower gas costs and a rapidly scaling Ethereum mainnet as the reason for the strategic pivot.

7 Articles

Key Takeaways – ENS Labs has cancelled its Namechain Layer 2 blockchain project and will instead launch ENSv2 directly on the Ethereum mainnet. Since the 2025 upgrade, Ethereum registration gas fees have decreased by over 99%. Vitalik Buterin stated that as the Ethereum underlying layer expands, Layer 2 may become obsolete. ENSv2 will provide enhanced ownership and flexibility without requiring users to migrate to another chain. ENS will still i…

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Cointelegraph broke the news in Dubai, United Arab Emirates (the) on Monday, February 9, 2026.
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