Current price of Ethereum for Oct. 27, 2026
Fortune
Personal Finance > Ethereum
By Joseph Hostetler
Staff Writer, Personal Finance Commerce
October 27, 2026, 8:15 AM ET
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At 8 a.m. Eastern Time on October 27, 2026, one Ethereum (ETH) is priced at $2,311.53. That marks a $16.35 fall from yesterday morning and approximately a $1,809 decrease compared to this time last year.
Ethereum Price Details
- Price: $2,311.53
- Change: -0.70%
- Yesterday's Price: $2,327.88
- 1 Month Ago: $2,692.84 (-14.16%)
- 1 Year Ago: $4,120.90 (-43.90%)
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What is Ethereum?
Ethereum holds the position of second-largest cryptocurrency by market capitalization, currently valued at around $233 billion. It’s significantly behind Bitcoin’s roughly $1.33 trillion market cap—but considerably ahead of the third-largest option, Tether, at $183 billion.
A key difference between Ethereum and other cryptocurrencies is that it’s not just digital currency. It actually functions as a decentralized computing platform, meaning users can develop and operate applications on it without any company or bank involvement.
In essence, developers can build apps on Ethereum’s blockchain network (as opposed to, say, Amazon or Google servers) to facilitate activities like borrowing, lending, investing, trading, and more. The token ETH acts as the currency you’ll use to perform those functions.
Ethereum price history:
Ethereum’s initial coin offering (ICO) went live in 2014 for just 31 cents per share. Since then, its value has surged by more than 60,000%.
Over the past five years (2020-2025), Ethereum has gained a respectable 46%. But