Current Price of Ethereum for October 23, 2026
Fortune
Personal Finance > Ethereum
By Joseph Hostetler
Staff Writer, Personal Finance Commerce
October 23, 2026, 7:15 AM ET
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At 7:15 a.m. Eastern Time on October 23, 2026, the price of Ethereum (1 ETH) is $2,392.84. That represents a $7.31 drop from yesterday and roughly a $1,464 fall compared with one year ago.
Ethereum Price Details
- Price of Ethereum yesterday: $2,400.15
- % Change: -0.30%
- Price of Ethereum 1 month ago: $2,759.70
- % Change (1 month): -13.29%
- Price of Ethereum 1 year ago: $3,857.32
- % Change (1 year): -37.96%
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What is Ethereum?
Ethereum ranks as the second-largest cryptocurrency by market capitalization, with a current valuation of around $233 billion. It trails Bitcoin’s roughly $1.33 trillion market cap but surpasses Tether at $183 billion.
Here’s what sets Ethereum apart:
- Decentralized computing platform: Users can build and run applications on it without any oversight from a company or bank.
- Blockchain network: Apps are created on Ethereum’s network to do things like borrow, lend, invest, trade, and more.
- Token ETH: Used as the currency for carrying out these activities.
Ethereum Price History
Ethereum’s initial coin offering (ICO) debuted in 2014 for just 31 cents per share. Since then, its value has increased by over 60,000%.
From 2020 to 2025, Ethereum climbed by a respectable 46%. However, it has experienced significant volatility, hitting nearly $5,000 at its peak in August 2025. This makes its earlier growth seem almost insignificant.
ETH has seen gains exceeding 80%, losses surpassing 60%, and everything in between. Early 2026 brought a sharp decline in Ethereum’s value due to several factors, including a potential recession.