Definition ∞ Platform cryptoassets are digital tokens native to a specific blockchain network, designed to power its core operations and incentivize participation. These assets are typically used to pay transaction fees, secure the network through staking or mining, and grant governance rights to holders. Examples include Ethereum’s Ether or Solana’s SOL, which enable users to interact with decentralized applications built on their respective blockchains. Their utility is foundational to the functioning of the platform.
Context ∞ The regulatory classification of platform cryptoassets remains a central discussion point, particularly concerning whether they should be considered securities. Network developers continuously work on improving the utility and economic models of these assets to foster long-term growth and decentralization. Future trends indicate an increasing focus on interoperability between different blockchain platforms, potentially expanding the utility and reach of these foundational assets.
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