![Crypto Terms Glossary: What is Utility Token? Crypto Terms Glossary: What is Utility Token?](/img/139/1520/what-is-utility-token-sm.webp)
A utility token is a tokenized digital asset designed to grant its holder access to the products or services of a blockchain protocol. As a result, utility tokens are intended to be used within the blockchain's network, rather than serve as an investment. However, given that most utility tokens fluctuate in value in accordance with its network's perceived popularity and adoption, many traders and crypto enthusiasts nonetheless purchase certain utility tokens as speculative investments.