Current price of Ethereum for Oct. 30, 2026 | Fortune
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Ethereum
Current price of Ethereum for October 30, 2026
By Joseph Hostetler
Staff Writer, Personal Finance Commerce
October 30, 2026, 8:30 AM ET
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At 8:15 a.m. Eastern Time today, the price of Ethereum (1 ETH) is $2,232.62. This represents a $88.20 drop from yesterday and a roughly $1,572 fall compared with one year ago.
Ethereum price
- Change: -3.80%
- Price of Ethereum yesterday: $2,320.82
- 1 Month Ago: $2,671.48 (-16.42%)
- 1 Year Ago: $3,804.33 (-41.31%)
What is Ethereum?
Ethereum ranks as the second-largest cryptocurrency by market capitalization, with a current valuation of around $233 billion. It’s a decentralized computing platform that allows users to build and run applications without oversight from a company or bank. Developers create apps on Ethereum’s blockchain network to do things like borrow, lend, invest, trade, and more. The token ETH serves as the currency for 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. Early 2026 brought a sharp decline in Ethereum’s value due to recession concerns and sales by co-founder Vitalik Buterin.
Ethereum vs. Bitcoin
After Bitcoin, Ethereum is the second-most valuable cryptocurrency. While both are digital currencies, Ethereum offers the additional functionality of a decentralized computing platform.