Ethereum token
Overview
Ethereum is a decentralized, open-source blockchain platform that enables smart contracts and decentralized applications (dApps). Its native token, Ether (ETH), is used to pay for transaction fees (gas) and computational services on the network. It is categorized as a Layer 1 blockchain protocol and is a foundational asset in the decentralized finance (DeFi) ecosystem.
Within the DeFi Intel graph, Ethereum connects to 20 tracked entities, most strongly to Chainalysis, Glassnode, RLUSD Bridge Expansion Connects XRPL, Ethereum, and Cardano Ecosystems.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 20 total).
| Relation | Connected entity | Confidence |
|---|---|---|
tracks | Chainalysis | 95% |
tracks | Glassnode | 95% |
covers | RLUSD Bridge Expansion Connects XRPL, Ethereum, and Cardano Ecosystems | 70% |
covers | Bitcoin (BTC) Closer to $80,000 Than $60,000 Again, Ethereum's (ETH) $3,000 Recipe, Hyperliquid (HYPE) Bounce Triggered: Crypto Market Review | 70% |
covers | Bitmine to buy 10,000 ether for $23.9 million from the Ethereum Foundation | 70% |
covers | XRP Might Not Hit $2 Now Because of This, Will Hyperliquid (HYPE) Hit $50 on Next Run? Ethereum's (ETH) Time to Shine: Crypto Market Review | 70% |
covers | Bitmine Now Controls 4.21% of Ethereum's Supply to Power Wall Street's AI Nodes | 70% |
covers | Ethereum's Wall Street cheerleaders see rise to $250,000, call Bitcoin and gold 'dead capital' | 70% |
covers | Tom Lee's BitMine Buys Another $23 Million in ETH From Ethereum Foundation | 70% |
covers | USDT Now Live on Solana, Plasma, and Ethereum With 1:1 USD Onramps and Offramps: Privy and Ramp | 70% |
In-depth guides on Ethereum
- Ethereum Layer 2 Networks: The 2026 Definitive Guide — DeFi Intel
- Multi-Slot MEV: Extraction Across Consecutive Blocks — DeFi Intel
- PBS & Inclusion Lists: Enforcing Censorship Resistance — DeFi Intel
- Tracing Stolen Crypto: On-Chain Fund Recovery Guide — DeFi Intel
Frequently asked questions
What is Ethereum?
Ethereum is a decentralized, open-source blockchain platform that enables smart contracts and decentralized applications (dApps). It is categorized as a Layer 1 blockchain protocol and is a foundational asset in the decentralized finance (DeFi) ecosystem.
What is Ether (ETH) used for?
Ether (ETH) is the native token of Ethereum, used to pay for transaction fees (gas) and computational services on the network.
Which entities track Ethereum?
Ethereum is tracked by Glassnode and Chainalysis.