ENS Labs has proposed activating ENSv2 on Ethereum mainnet, which would stop new .eth registrations on the existing ENSv1 registrar. Current ENSv1 owners can keep and renew their names indefinitely with no forced migration, but once a v1 name expires, it becomes available on ENSv2. The proposal also transfers all ENSv2 administrative control to the ENS DAO, giving it full governance over both versions. This move aims to improve subname management and user experience while ensuring a smooth transition with a pre-migration sync to preserve ownership records. The proposal awaits community feedback and a DAO vote before implementation.
ENS Labs' proposal to activate ENSv2 and halt new ENSv1 registrations provides context for cryptocurrency market activity. For readers following the crypto sector, here is Pluang's market snapshot as of Oct 12, 2026 14:31 WIB: out of 50 major cryptocurrencies, 40 rose and 9 fell today. Notably, BAT rose 10.62% to Rp2.871 with a typical hold time of 93 days and a buy order activity of 54%, while ALGO increased 9.63% to Rp2.333 with a longer hold time of 130 days and 58% buy orders. EOS also gained 8.13% to Rp12.649 with a typical hold time of 87 days.
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