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 24 places this week, $aBasWETH is gaining ground
Up 7 places this week, $TOMOE is gaining ground
$aEthWETH climbed 9 places this week
$WETH hit a gem score of 83 this week
17 tokens rose and 34 fell this week
Frequently asked questions
How has ETH performed recently?
The ETH category shows a mixed performance, with a larger number of tokens experiencing a decline over the past seven days (34 down vs. 16 up), yet a more balanced outlook over the thirty-day period (27 down vs. 23 up). Ronin Wrapped Ether (WETH) stands out as a strong performer, leading both the seven-day and thirty-day streaks and holding the highest score over both periods. Among the top climbers in the past seven days are Aave Base WETH (aBasWETH) and TomoChain (TOMOE), while Rocket Pool ETH (rETH) and Ethereum Leverage Assets (ELA) were notable fallers. Over the longer 30-day window, Wrapped Ether from Ethereum (WETH) and Wrapped Binance Beacon ETH (wBETH) showed significant upward movement, while Wrapped SOL (SOL) and flETH (0x013b4e199e455ca6d42794bd3368ef98103b7777) experienced the largest declines in rank. WETH.e entered the top K in the thirty-day window, while Wrapped SOL exited.
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.