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What is Enso (ENSO)?

Enso is a decentralized Layer-1 network that simplifies building across multiple blockchains, rollups, and appchains. It acts as a coordination layer connecting smart contracts from different ecosystems. Enso uses Intents (what users or developers want to do, like swapping tokens) and Actions (the steps needed to make it happen). By turning complex blockchain operations into intent-based requests, Enso makes decentralized apps more seamless and developer-friendly.

Who founded Enso (ENSO)?

Enso (ENSO) was co-founded by Connor Howe, Peter Phillips, and Milos Costantini.

Primary features of Enso (ENSO)

• ENSO token: The ENSO token is used for governance, staking, and fees for network usage, aligning incentives for ecosystem participants.

• Intent-based architecture: Enso replaces traditional transaction logic with intents, high-level user goals like swapping, bridging, or staking, which the network interprets and executes automatically.

• Cross-chain coordination: Acts as a coordination layer connecting multiple blockchains, rollups, and appchains, allowing developers to build apps that work seamlessly across ecosystems.

• Developer-friendly framework: Simplifies smart contract development by abstracting away complex cross-chain logic, enabling faster and more efficient dApp creation.

Is ENSO a promising crypto?

ENSO appears to be a promising crypto project, particularly for developers and users looking for smoother cross-chain interactions. By introducing an intent-based architecture and automated coordination across multiple blockchains, Enso addresses one of the biggest pain points in Web3, interoperability. Its focus on simplifying complex multi-chain operations through “Intents” and “Actions” makes it easier to build and use decentralized applications without deep technical barriers. If Enso gains strong developer adoption and ecosystem support, it could play a key role in powering the next generation of composable, user-friendly dApps, though, like any early-stage protocol, its long-term success will depend on execution, adoption, and real-world utility.

You can buy ENSO from crypto platforms like CoinSwitch.

How do I use ENSO?

• ENSO can be bought and traded on crypto platforms like CoinSwitch. 

• Token holders can use ENSO to move tokens and assets across multiple blockchains seamlessly via its intent-based system.

• Users can participate in staking within the Enso network to earn rewards and support network security.

• Token holders can vote on key protocol decisions and proposals if they hold ENSO tokens, helping shape the network’s development.

Pros & Cons of Enso (ENSO)

Pros

• Enso uses an intent-based architecture that allows developers to issue high-level instructions, which the protocol translates into on-chain operations.

• Enso’s abstraction supports many blockchains and allows developers to build cross-chain workflows via a unified API/SDK, which is a growing need in Web3.

• With reusable workflows “Shortcuts”, pre-built modules, and automation, Enso promises faster development time and lower cost for multi-chain apps.

Cons

• ENSO is subject to market volatility like all cryptos.

• If interest in multi-chain apps slows, Enso’s growth could also lose momentum.

• Enso faces competition in the cross-chain and interoperability space, such as LayerZero and other bridge networks.

How to trade ENSO on CoinSwitch?

• Start investing in ENSO with just ₹100.

• CoinSwitch provides a seamless and intuitive trading experience for users.

• Easily manage your transactions and portfolio on the app.

Enso (ENSO) ICO summary

The token launch for Enso occurred via a public auction on CoinList between June 12 and June 26, 2025, where 4 million tokens (4% of total supply) were sold at a price of $1.25 each, raising approximately $5 million and valuing the project at about $125 million pre-sale. Prior to that, Enso had raised $4.2 million in June 2024 and another $5 million in Q2 2021 through private rounds backed by firms like Multicoin Capital, Polychain Capital, and IDEO CoLab Ventures. The Token Generation Event (TGE) happened on October 14, 2025. The funds raised are aimed at supporting Enso’s vision of simplifying cross-chain smart-contract interactions for developers. 

 

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FAQ's on Enso

1. What is Enso (ENSO)?

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Enso is a decentralized Layer-1 network designed to make it easier for developers to build across multiple blockchains, rollups, and appchains. It connects smart contracts from different ecosystems using a system of Intents (what users want to do) and Actions (how it’s executed), simplifying cross-chain app development.

2. What is the ENSO token used for?

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The ENSO token powers the network through governance, staking, and transaction fees. Holders can use ENSO to vote on protocol proposals, stake to earn rewards, and pay for network usage.

3. Is Enso (ENSO) a good investment?

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Enso is considered promising because it targets a core Web3 challenge, interoperability. Its intent-based model could attract developers building cross-chain apps. However, as with all emerging projects, its success depends on adoption, execution, and market conditions.

4. Where can I buy Enso (ENSO)?

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You can buy ENSO on crypto platforms like CoinSwitch, starting with as little as ₹100.

Highlight

Enso is a decentralized Layer 1 network designed to simplify how developers interact with smart contracts across multiple blockchains and rollups.

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Enso Price Statistics

ENSO Price Today

ENSO Price

₹68

Price Change 24h

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0%

Price Change 7d

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8.19%

Market Rank

#830

Market Cap

₹146 Cr.

Trade Vol 24h

₹97 Cr

Circulating Supply

₹2 Cr. ENSO

Trading Activity

50% Buy50% Sell

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.

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