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
Down 4 places this week, $ETH is losing steam
$TOMOE fell 11 places this week
$bETH +115.2% this week
Weakest this week: $ETH bottomed out at a 5 gem score
20 tokens rose and 31 fell this week
$SOL -17 places this month
Frequently asked questions
How has ETH performed recently?
The ETH category shows varied performance over both 7-day and 30-day windows. On the 7-day view, Wrapped ETH (on chain 0x7e4) leads with a 7-day streak and the highest score of 82.0832. Coinbase Wrapped Staked ETH and Liquid Staked ETH are notable climbers, with rank increases of 5 and 4 respectively. Conversely, TomoChain experienced the largest rank drop, falling 11 places, and 'etherium' saw the most significant score decrease by 66.7%. 'etherium' also hit the lowest score at 4.6885. Looking at the 30-day period, Wrapped ETH (on chain 0x7e4) continues its dominance with a 30-day streak and the highest score of 82.6921. Wrapped Ether from Ethereum and Compound Ether are among the top climbers, gaining 11 and 9 ranks respectively. Wrapped SOL was the biggest faller, dropping 17 ranks, and 'etherium' again recorded the lowest score at 4.6663. Both periods saw 20 tokens gaining and 31 tokens losing ground, indicating a generally downward trend in breadth. Wrapped Ether (on chain 0xa) entered the top K in both timeframes, while Wrapped Ether (on chain 0xa86a) exited in the 7-day window and Wrapped SOL exited in the 30-day window.
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.