Current price of Ethereum for November 2, 2026 | Fortune
Personal Finance
Ethereum
Current price of Ethereum (1 ETH): $2,281.82 (as of 6:30 a.m. Eastern Time, November 2, 2026)
% Change: +$15.33 from yesterday
Historical Prices:
- Yesterday: $2,266.49 (+0.67%)
- 1 Month Ago: $2,707.09 (-15.70%)
- 1 Year Ago: $3,905.53 (-41.57%)
What is Ethereum?
Ethereum is a decentralized computing platform that enables users to build and run applications without the need for centralized oversight. It's the second-largest cryptocurrency by market capitalization, valued at approximately $233 billion. The native cryptocurrency used to facilitate transactions on the Ethereum network is called ETH.
Ethereum Price History:
Ethereum's initial coin offering (ICO) in 2014 started at just 31 cents per share, leading to an astonishing 60,000% increase. Over the past five years (2020-2025), its value has risen by 46%, but it has experienced significant volatility. Ethereum reached a peak of nearly $5,000 in August 2025, but has since seen substantial fluctuations, including a sharp decline in early 2026 due to economic concerns and sales by co-founder Vitalik Buterin.
Ethereum vs. Bitcoin:
Ethereum, while second to Bitcoin in the cryptocurrency market, serves a different purpose. After Bitcoin, it's the largest cryptocurrency.