ETH
ETH (Ether) tokens: The native cryptocurrency powering the Ethereum blockchain ecosystem.
Top gainers this week
Top losers this week
7 days at the top this week: $WETH is dominating the category
Up 5 places this week, $TOMOE is gaining ground
Up 3 places this week, $wETH is gaining ground
Down 9 places this week, $stETH is losing steam
$WETH hit a gem score of 83 this week
41 tokens rose and 9 fell this week
Up 15 places this month, $ETH is gaining ground
Frequently asked questions
How has ETH performed recently?
The ETH wrapped token category shows consistent positive breadth over both 7-day and 30-day windows, with 41 tokens up and 9 down in the past week, and 40 up and 10 down over the last month. Ronin Wrapped Ether (WETH) stands out as a strong performer, leading the streak for both 7 and 30 days and also registering the highest score extreme. Notable climbers over the 30-day period include ETH and "ETH人生," which saw significant rank increases. Conversely, Liquid staked Ether 2.0 (stETH) and Coinbase Wrapped Staked ETH (cbETH) were among the fallers in both timeframes, indicating some downward pressure on these assets within the category. A new entrant into the top K over the last 30 days was Wrapped Ether (WETH) on Optimism, while Wrapped Ether (WETH.e) on Avalanche exited the top K.
What is ETH?
ETH, or Ether, is the native cryptocurrency of the Ethereum blockchain. It is used to pay for transaction fees (gas), participate in decentralized applications (dApps), and secure the network through staking in Ethereum's proof-of-stake mechanism.
How does ETH differ from other cryptocurrencies?
ETH's primary distinction is its role within the Ethereum network, which serves as a global, open-source platform for decentralized applications and smart contracts. Unlike some cryptocurrencies, ETH is not just a digital currency but also fuel for a vast ecosystem of DeFi, NFTs, and other Web3 innovations.
What are the primary use cases for ETH?
ETH is used for paying transaction fees on the Ethereum network, participating in decentralized finance (DeFi) protocols, buying and selling non-fungible tokens (NFTs), staking to secure the network and earn rewards, and as a store of value or medium of exchange within the crypto economy.
What is the relationship between ETH and the Ethereum network?
ETH is fundamental to the operation of the Ethereum network. It is required to execute transactions and smart contracts, compensate validators for processing transactions, and is integral to the security and economic model of the blockchain.
Can ETH be staked?
Yes, ETH can be staked on the Ethereum network. Since the merge to proof-of-stake, individuals can stake their ETH to become validators, help secure the network, and earn staking rewards for their participation.