Web3 Domains in 2025: Why ZNS Connect Is the Real Challenger to ENS, Space ID & SNS
As Web3 identity becomes a pillar of user experience, domain protocols like ENS, Space ID, Solana Name Service (SNS), and rising underdog ZNS Connect are defining the future of digital names.
This article compares the key players across revenue, adoption, token models — and shows why ZNS may be the most undervalued of them all.
Top Protocol Metrics (May 2023–May 2025)
Note: Revenue for Space ID and ZNS is estimated based on equal average mint price of ~$3.10 per domain.
5 Key Benefits of ZNS Connect
- Omnichain Native — Built for 25+ EVM chains from the ground up.
- Monetized Identity — $49K+ paid in referral rewards already.
- Social + Utility — Domain + social posts, likes, and smart profile pages.
- Bootstrapped Efficiency — $760K revenue, <$100K in total burn.
- Early Entry Point — Token launch at ~$11M FDV offers massive upside.
So, Why Does This Matter?
ENS is powerful but limited to Ethereum. SNS is Solana-only. Space ID spreads fast but lacks user incentives.
ZNS is the only platform combining:
- Cross-chain infrastructure
- Monetized onboarding
- Deep integrations (NFC, MetaMask Snap, SDK)
- Social and community features
- Pre-token investment opportunity
Token & Market Outlook
🟦 ENS Token Note
Ethereum Name Service operates with the ENS governance token. It trades around $22, with a market cap of approximately $730M. ENS is governed by a DAO, and revenue from domain registration flows into its treasury. The token grants voting power but doesn’t directly share in protocol revenue.
ENS Official application: https://ens.domains
Token Data: https://dropstab.com/coins/ethereum-name-service
Revenue Data: https://dune.com/steakhouse/ens-steakhouse
🟨 Space ID Token Note
Space ID uses the ID token to enable governance, rewards, and staking across its multi-chain domain infrastructure. As of May 2025, ID trades at ~$0.21, with a market cap near $207M. While the token powers ecosystem utility, most revenue is retained by the protocol.
Space ID application: https://space.id
Token Info: https://dropstab.com/coins/space-id
Revenue Data: https://www.space.id/tld and https://dappradar.com/dapp/space-id/analytics?range-ds=30d
🟪 FIDA Token Note (Solana Name Service)
Solana Name Service (SNS) currently utilizes the FIDA token, issued by Bonfida. FIDA trades around $0.0897, with a market cap of approximately $88M. SNS has announced plans to transition to a dedicated $SNS token to better align incentives with .sol holders and governance participants.
SNS application: https://www.sns.id/
Token Info: https://dropstab.com/coins/bonfida
Revenue Data: https://defillama.com/protocol/solana-name-service
🟩 ZNS Token Note (Planned)
ZNS Connect is preparing to launch its own governance and utility token, $ZNT, with a projected FDV of ~$11M. ZNT will support staking, referrals, on-chain identity functions, and multichain utility. Notably, ZNS has already generated $762K+ in revenue pre-token — a rare case of real product-market fit before launch.
ZNS Connect: https://zns.bio
Analytics Dashboard: https://dune.com/zns/zns-connect
ZNS: The ENS of the Omnichain Era
With live integrations on INK, Unichain, Monad, INK, Scroll, and more — ZNS is expanding where others aren’t even looking.
This is a pre-token, revenue-generating Web3 infra play — built for the next billion users across chains.
Equity round open now.
Token launch upcoming.
Be early to the future of identity.
Analytics: https://dune.com/zns/zns-connect
📚 Source Links
- ZNS Analytics: https://dune.com/zns/zns-connect and
- ENS Analytics: https://dune.com/steakhouse/ens-steakhouse and https://defillama.com/protocol/ens
- Solana Name Service Analytics: https://defillama.com/protocol/solana-name-service
- Space ID TLD Counts: https://www.space.id/tld
- SNS Protocol: https://www.sns.id
- ENS Protocol: https://ens.domains
- Space ID Protocol: https://space.id
#zns #znsconnect #spaceid #ens #solananameservice #fida #id #znt
