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 11 places this week, $TOMOE is gaining ground
Up 4 places this week, $ETH is gaining ground
Up 7 places this week, $rETH is gaining ground
Weakest this week: $ETH bottomed out at a 4 gem score
$WETH hit a gem score of 81 this week
12 tokens rose and 40 fell this week
$ETH fell 4 places this month
Frequently asked questions
How has ETH performed recently?
The ETH category shows mixed signals over both the 7-day and 30-day periods. Over the last 7 days, 12 tokens were up and 40 were down, with 'Wrapped ETH' (WETH) on Ronin showing the strongest score with a 7-day streak. Significant climbers included TomoChain (TOMOE), 'ETH' (on 0x171), and Rocket Pool ETH (rETH). Conversely, 'Aave Ethereum WETH' (aEthWETH) and 'pqceth.market' (PQCETH) were among the fallers. Over the past 30 days, 18 tokens were up and 34 were down. 'Wrapped ETH' (WETH) on Ronin maintained its strong performance, leading with a 30-day streak. Climbers over this period included 'Wrapped Ether from Ethereum' (WETH), Compound Ether (cETH), and TomoChain (TOMOE), while 'Aave Ethereum WETH' (aEthWETH) and 'Ethical Ethereum' (ETHETH) were notable fallers. 'Wrapped Ether' (WETH) on Optimism was a top entrant in the 30-day window, while 'Wrapped Ether' (WETH.e) on Avalanche exited the top ranks.
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.