The market for .eth domain names, which are built on the Ethereum blockchain, has seen significant activity over the years. These unique digital assets function as both human-readable wallet addresses and tradable commodities, often representing valuable online identities.
Let's examine a snapshot of notable sales, focusing on transactions that reached or exceeded 1 ETH.
Key Highlights from Past .eth Sales
A detailed review of historical transaction data reveals several interesting patterns. On a particular day in August 2022, the market recorded 18 separate sales that met this threshold.
- Total High-Value Sales: 18 transactions
- Highest Single Sale: 8 ETH (approximately $13,552 at the time of sale)
- Most Active Marketplace: OpenSea facilitated all recorded sales.
- Character Length: The longest domain name sold was 'multimedia.eth' at 10 characters.
- Median Sale Price: The median sale price for these premium domains was 1.2 ETH.
Analyzing Domain Name Characteristics
The composition of the domain names themselves offers insight into what buyers were seeking. Certain traits, such as the inclusion of numbers or the length of the name, can influence perceived value.
- Use of Numbers: A significant majority, 58.8% of the domains sold, contained numerals.
- Use of Hyphens: None of the domains in this dataset included a hyphen.
- Short Names: 8 of the 18 domains were exactly 4 characters long, indicating a high demand for brevity.
Detailed Sales Breakdown
The following data provides a clear overview of each transaction, including the sale price in both cryptocurrency and its U.S. dollar equivalent at the time of purchase.
| Name | Sale Price | Currency | Venue | Numbers? | Hyphens? | Characters | USD Value |
|---|---|---|---|---|---|---|---|
| abraham.eth | 8.0 | ETH | OpenSea | No | No | 7 | $13,552 |
| multimedia.eth | 7.8 | WETH | OpenSea | No | No | 10 | $13,162 |
| 4⃣1⃣.eth | 7.0 | WETH | OpenSea | Yes | No | 4 | $11,858 |
| 5444.eth | 6,813.5 | USDC | OpenSea | Yes | No | 4 | $6,813 |
| clam.eth | 3.5 | WETH | OpenSea | No | No | 4 | $5,929 |
| dalton.eth | 2.2 | WETH | OpenSea | No | No | 6 | $3,727 |
| yonkou.eth | 2.0 | WETH | OpenSea | No | No | 6 | $3,388 |
| 0117.eth | 1.8 | WETH | OpenSea | Yes | No | 4 | $3,049 |
| 0862.eth | 1.2 | ETH | OpenSea | Yes | No | 4 | $2,033 |
| xlx.eth | 1.2 | ETH | OpenSea | No | No | 3 | $2,033 |
| polterpup.eth | 1.1 | ETH | OpenSea | No | No | 9 | $1,863 |
| 8557.eth | 1.0 | ETH | OpenSea | Yes | No | 4 | $1,762 |
| 0634.eth | 1.0 | WETH | OpenSea | Yes | No | 4 | $1,728 |
| 0296.eth | 1.0 | WETH | OpenSea | Yes | No | 4 | $1,713 |
| barbershop.eth | 1.0 | WETH | OpenSea | No | No | 10 | $1,694 |
| apepe.eth | 1.0 | ETH | OpenSea | No | No | 5 | $1,694 |
| 5358.eth | 1.0 | ETH | OpenSea | Yes | No | 4 | $1,694 |
| latoken.eth | 1.0 | ETH | OpenSea | No | No | 7 | $1,694 |
What This Data Tells Us About the Market
This snapshot illustrates a vibrant marketplace for blockchain-based digital identity. The consistent use of OpenSea highlights its role as a primary hub for such transactions during that period. The prevalence of short, numeric names suggests these are highly sought after, potentially for their rarity and ease of transfer.
The significant investment in names like 'abraham.eth' and 'multimedia.eth' also shows that meaningful, brandable words hold substantial value, comparable to their traditional web domain counterparts.
For those interested in the current valuation and trading of similar digital assets, you can 👉 explore real-time market data on leading platforms.
Frequently Asked Questions
What is a .eth domain?
A .eth domain is a decentralized website address and wallet identifier on the Ethereum blockchain. It simplifies sending and receiving cryptocurrency by replacing long wallet addresses with a memorable name, and it can also be linked to a decentralized website.
Why do some .eth domains sell for so much?
Their value is derived from scarcity, brandability, and length. Short, memorable names (especially 3-4 characters) or common words are rare, making them highly desirable for individuals and companies wanting a strong web3 identity, similar to valuable .com domains.
What is the difference between ETH and WETH in the sales data?
ETH is Ethereum's native cryptocurrency. WETH (Wrapped ETH) is a token that represents ETH on a 1:1 basis but conforms to a technical standard (ERC-20) that makes it compatible with a wider range of decentralized applications and marketplaces, like OpenSea.
Where can I buy or sell a .eth domain name?
The primary venues are NFT marketplaces like OpenSea, LooksRare, and Blur. You can also register new, unclaimed names directly through the official Ethereum Name Service (ENS) website.
How does the registration fee work?
The registration fee is an annual cost paid to the ENS protocol to maintain ownership of the name. It is separate from the sale price and gas fees. As shown in the data, fees vary based on name length, with shorter names (3-4 characters) costing more per year.
Are .eth domain names a good investment?
Like any emerging asset, they carry risk. Their value is tied to the adoption of Ethereum and the broader web3 ecosystem. While some domains have sold for high prices, the market can be volatile. Thorough research and understanding of the technology are essential before investing.