The prominent Ethereum Name Service (ENS) domain "students.eth" was officially sold for 2.25 ETH, equivalent to approximately $10,301.04 USD, on the Ensvision platform on August 27, 2025. The sale was confirmed by an automated bot and acknowledged by the presumed seller, Shabbat.eth, who expressed mixed emotions regarding the transaction. "Goodbye students.eth - I will miss you," Shabbat.eth posted on social media, adding, "Congrats to buyerđ¤."
ENS domains serve as human-readable addresses for the decentralized web, simplifying complex cryptocurrency wallet addresses and acting as digital identities across various Web3 applications. These unique names are tokenized as NFTs (Non-Fungible Tokens), allowing them to be bought, sold, and traded on marketplaces like Ensvision and OpenSea. The market for such decentralized domain names has seen significant interest, with many investors viewing them as valuable digital assets.
The sale of "students.eth" highlights the continued activity and speculative nature within the Web3 domain market. Historically, ENS has been a leading project in the Ethereum ecosystem, at times surpassing major NFT collections in trading volume on platforms like OpenSea. This trend underscores the growing recognition of decentralized domain names as critical infrastructure for the evolving Web3 economy, enabling easier interaction and identity management for users.
The sentiment shared by Shabbat.eth reflects the personal connection many users develop with their ENS domains, which often become integral to their online personas. Despite the emotional farewell, the positive acknowledgment of the buyer indicates a healthy and active secondary market for these digital properties. As Web3 continues to expand, the utility and value of human-readable decentralized identities, such as ENS domains, are expected to grow.