Ether (ETH) is the native digital currency of the Ethereum blockchain, functioning as the fuel that powers the network. It is used to pay for transaction fees, computational services, and incentivize miners to secure the network and process transactions. Beyond its role as a cryptocurrency, Ether is essential for executing smart contracts and interacting with decentralized applications (dApps) on the Ethereum platform. As the second-largest cryptocurrency by market capitalization, Ether has become a prominent asset in the digital economy, serving both as a medium of exchange and a store of value. Its utility and integration within the Ethereum ecosystem make it a crucial component of the broader blockchain and decentralized finance (DeFi) landscape.
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