Transactional tokens play a vital role in blockchain networks by enabling the transfer of value between participants. They act as the medium of exchange within a decentralised system, replacing the need for traditional intermediaries like banks. In simple terms, transactional tokens are digital assets used to pay for goods, services, or fees on the blockchain. Bitcoin is the most prominent example, created specifically for peer-to-peer payments.

Within blockchain networks, these tokens ensure that transactions are recorded, verified, and secured. They provide the incentive for miners or validators to confirm transactions, as fees are usually paid in the native token. This process maintains the integrity and security of the network, preventing fraud and double-spending.

Transactional tokens also play a critical role in cross-border transactions. Unlike traditional financial systems that involve delays and high costs, tokens can be transferred globally within minutes at lower fees. This makes them highly efficient for remittances and international trade.

Moreover, transactional tokens are often used as a base currency within exchanges, allowing users to trade other digital assets. They create liquidity and form the backbone of decentralised finance (DeFi) applications, where value transfer is central.

In summary, transactional tokens are the lifeblood of blockchain networks. They not only enable value exchange but also support network security, efficiency, and the broader adoption of blockchain technology.