A coin is usually the native asset of a blockchain network, used for fees, value transfer, and network incentives.
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Short definition
Coin is a coin is usually the native asset of a blockchain network, used for fees, value transfer, and network incentives.
Simple explanation
Coins are native to their own chains. ETH is native to Ethereum. SOL is native to Solana. BNB is native to BNB Chain.
Why it matters
Coins are often required to pay gas fees, send transactions, deploy contracts, and interact with blockchain networks.
Example context
A user may need ETH to pay gas on Ethereum or SOL to pay fees on Solana.