"Native coin": the foundation of blockchain networks functionality

"Native coin" is the primary cryptocurrency of the blockchain network. Simply put, it is the system's native coin. These coins ensure the operation of the network. They are needed for transactions. For governance. For fees.

Bitcoin is the native coin of the Bitcoin network. Ether is for Ethereum. Nothing complicated. Each network has its own "native currency".

History of the Concept

It all started with Bitcoin in 2009. The mysterious Satoshi Nakamoto. It seems that no one still knows who this actually is. A lone wolf or an entire group? It doesn't matter. Bitcoin became the first decentralized digital currency without a central regulator. Then others appeared. Many others. Each with its own native coin.

Main Features

What do these native coins do? A lot of things:

• Payments. You have to pay for transactions. There's no way around it.
• Voting. Hold coins — influence the future of the network. Blockchain-style democracy.
• Staking. Put coins "on deposit", help secure the network. Earn rewards.
• Foundation for new coins. Other coins are created based on the native coin.

Impact on the Market and Technology

Native coins have changed the financial world. A new class of assets. Not understandable to everyone. Risky. But interesting. Their rise has led to the emergence of DeFi — decentralized finance. Finance without banks? Strange, but it works.

Modern Trends of 2025

By September 2025, much has changed:

• Staking everywhere. People are "parking" their coins to earn income. It's profitable.
• Deflationary mechanisms. Coins are burned. They become rare. Value rises.
• Commissions go to L2. Major networks collect about $6.3 million a day instead of previous amounts. The load has shifted to the second level.
• Banks have arrived. Not that it was unexpected, but institutional players have seriously entered the market.
• L2 — the new king. The second level of solutions has become the engine of progress. Faster. Cheaper. Better.

Development Table

| Year | What happened | |-----|----------| | 2009 | Bitcoin — the first native coin | | 2015 | Ethereum and smart contracts — a new era | | 2020 | DeFi Boom — native coins in action | | 2025 | L2, deflation, institutions — mature market |

Conclusion

Native coins haven't gone anywhere. On the contrary, their role has only risen. They are like the skeleton of the blockchain — without them, there's nowhere to go. It's interesting to see what will happen next? It's not entirely clear yet. But it will definitely be intriguing. The market doesn't stand still. Innovations continue. And in 2025, native coins offer more opportunities than ever.