How about breaking up the words in the URL with color? Check it out:
www.badgerfootballforums.com
I think that works pretty well, and it is something that can be achieved very easily with a little CSS:
a span { color: #971212; }
Then in your anchor link in your HTML just wrap the word you want colored in a span like so:
www.badgerfootballforums.com
To extend this concept a bit, how about the colors reverse themselves upon rollover? Like so:
Just do this in your CSS:
a { color: black;}
a span { color: #971212; }
a:hover { color: #971212; }
a:hover span { color: black; }
Source at : http://css-tricks.com/quick-css-trick-using-span-to-break-up-words-in-urls/