Verisign has announced a contract extension with ICANN to continue managing the .com top-level domain. This six-year agreement enables ICANN to implement price increases for .com domain registrations, specifically by up to 7% during the last four years of the contract. As a result, the price for .com domains is set to stabilize at $10.26 for 2025 and 2026 before these increases could begin, potentially raising wholesale prices to around $13.42 by the end of the contract term.

The market reacted positively to the news, with Verisign’s stock rising by 5%, indicating investor relief following concerns that the contract terms might not be renewed. Historically, Verisign has utilized the maximum allowed price increases under its contracts.

This decision has sparked discussions in the industry, reflecting on Verisign’s consistent price hikes and the implications for domain name registrants.

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