Ethereum Trades More Than 50% Below Its All-Time High
Ethereum (ETH) is trading more than 50% below its all-time high, marking a significant downturn. On November 2, 2026, ETH was trading near $2,292, down approximately 53.7% from its August 24, 2025, record high of $4,946.05.
Key Points:
- Decline in Price: Despite record staking activity and a thriving decentralized finance (DeFi) ecosystem, ETH remains far below its 2025 peak.
- Performance Gap: The network's fundamentals, such as staking participation, paint a mixed picture compared to its price chart.
- Staking Activity: According to Bitwise data, Q3 2026 saw a record 43.8 million ETH staked, accounting for 35.9% of the circulating supply.
- Uneven Investor Flows: US spot Ethereum ETFs experienced significant withdrawals in October, with a notable outflow on October 6.
The information presented here is for educational purposes only and does not constitute financial advice.