ENS Coin has managed to stabilize above $25, even in the face of challenging bear markets. The altcoin, which first started its ascent from this level, experienced a surge to its highest point of the day at $28.2, thanks to a recent proposal called ENSv2. This proposal puts forward the idea of transferring Ethereum network transactions to a dedicated layer2 network. This development represents the next chapter in the ongoing trend of projects establishing their own layer2 networks. Stay up-to-date with the most recent financial and business news by visiting COINTURK FINANCE.