$ETH ETH (Ether) is the native cryptocurrency of the Ethereum blockchain. It's used for:
1. *Transaction fees*: ETH is used to pay for gas fees on the Ethereum network.
2. *Smart contract execution*: ETH is used to execute smart contracts and interact with decentralized applications (dApps).
3. *Staking*: ETH is used for staking in Ethereum's Proof of Stake (PoS) consensus mechanism.
ETH is also widely traded and held as an investment, with its value fluctuating based on market demand.
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