ENS Price Jumps 3% as DAO Activates New Security Council

ENS price traded near $4.58 after gaining 3.67% in 24 hours. The ENS DAO approved an onchain proposal activating its new Security Council, which will serve a two-year term until July 16, 2028. Five of eight council members must approve any emergency proposal cancellation. ENS must reclaim $4.70 to extend its rally.