Water is important for metabolic reactions because it acts as a universal solvent, a reactant, and a transporter of nutrients and waste products. It provides the medium in which most biochemical reactions occur, enabling substances to dissolve and interact. Many metabolic reactions, including hydrolysis and condensation, require water either as a reactant or as a product. Water also helps regulate body temperature, which is crucial for optimal enzyme function in metabolism. Additionally, water's ability to ionize into hydrogen and hydroxide ions plays a key role in enzyme catalysis and pH balance. Without water, these critical metabolic processes could not occur efficiently, highlighting its essential role in sustaining life.