Many substances (gases, waste compounds, inorganic ions, and enzymes) dissolve in water due to their polarity or their dissociation to give polar ions
Essential transport medium for polar molecules and ions; main component of blood, tissue fluid, urine, and phloem sap
Facilitates metabolic reactions as soluble reactants move freely in the aqueous cell cytoplasm
Aquatic organisms and plants can absorb soluble O_2 for aerobic respiration and CO_2 for photosynthesis, as well as soluble mineral ions (also non-aquatic plants through soil water via roots)