ENS Labs Abandons Namechain, ENS V2 to Launch on Ethereum Mainnet
ByAinvest
Saturday, Feb 7, 2026 4:32 am ET1min read
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ENS Labs has canceled its Namechain Layer-2 initiative and will launch ENS V2 exclusively on the Ethereum mainnet, citing improved scalability and security on the base chain. The move is expected to enhance user experience and ecosystem compatibility. ENS Labs' native token saw a sharp price increase following the announcement. The decision marks a milestone for decentralized identity technology and highlights a shift toward more reliable and integrated infrastructure.
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