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Having just jumped from Google to Nameheap this is more than mildly frustrating.
edit: apparently this is the result of Verisign putting up their wholesale prices
Cloudflare is also upping prices. Since Cloudflare sells domains at cost, I expect domain prices have simply increased.
I just tried to check the pricing of domains at cloudflare and they just don't have a list. You need to transfer a domain to see the price. So I will probably stay with inwx for the time being.
This isn't only namecheap. Porkbun notified me about it a couple of weeks ago:
Verisign — the registry behind .com and .net — is set to increase wholesale pricing on .com domains industry wide on September 1. This has become an annual trend, and we expect the .com price will steadily increase through 2029. This increase affects every registrar that offers .com domains, not just us.
As others mentioned, Verisign administers the .com space and they’re raising prices. https://www.politico.com/news/2022/04/09/website-domain-more-expensive-00023524
I do like to keep track of the budget gTLD renewal prices at tld-list.com and use that for my personal use. I have an offbeat domain I registered for 10 years for something like $25 a few years ago.
The prices are going up for every provider. It’s across the board. Porkbun.com too.