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Ether

Illustration: Dado Ruvic
Illustration: Dado Ruvic (Reuters)

Some say if Bitcoin is gold, then Ether is silver. The Ethereum blockchain network has features that Bitcoin’s blockchain network lacks, causing Ether’s status sometimes to surpass Bitcoin. The usability of the Ethereum blockchain network is popular because it hosts thousands of decentralized apps, or dApps.

Ether, the native token of the Ethereum blockchain network and the second-largest cryptocurrency by market capitalization, often fluctuates with Bitcoin. It is an important bellwether for the health of the crypto market.

Ether was trading at about $3,000, up 46% over the last year.