Purchasing Ether (ETH), the native cryptocurrency of the Ethereum blockchain, has gained significant traction among investors and individuals seeking to interact with decentralized applications (dApps), participate in decentralized finance (DeFi), or simply hold Ether as a long-term investment.
Ether serves as the fuel that powers transactions on the Ethereum network, enabling individuals to execute smart contracts, transfer funds, and access a wide array of blockchain-based services. Its value is primarily driven by the demand for these services and the overall adoption of Ethereum technology.
