- 1. Key Takeaways
- 2. Metrics
- 3. Price Analysis
- 4. Support and Resistance
- 5. What Could Happen Next
- 6. Why Is Ethereum Trending Today
- 7. What Is Ethereum
- 8. Top Factors Affecting Ethereum's Price
- 9. Ethereum vs. Other Major Cryptocurrencies
- 10. Summary
- 11. Compare Crypto Prices Today
- 12. Where to Buy Ethereum
- 13. FAQ
Last Updated: November 3, 2026
Ethereum is trading near $2,255.24 on Tuesday, November 3, down about 1.4% and at its lowest in two weeks as Ether ETF outflows persist and the market slides on US midterm election day, with the EIP-7702 security debate from the Binance hack still in focus. Here is today’s ETH price, the levels that matter and what is driving the market.
Key Takeaways
ETH trades at approximately $2,255.24, down 1.42% over the past 24 hours and 2.02% over the past week, with a market capitalization of about $275.55 billion, according to CoinGecko. Ether sits about 54.4% below its all-time high of $4,946.05, set on August 24, 2025.
Ethereum’s EIP-7702 feature remains central to the Binance hack investigation. Attackers used an EIP-7702 delegation to turn a Binance hot wallet into a “sweeper”, and the FBI said the attackers have mainly been converting stolen assets into ether, keeping security concerns around the feature alive.
Ether has slipped to a fresh two-week low, trading near $2,255 after dipping to about $2,235 intraday, below its October 31 closing low. US spot Ether ETFs recorded another $155.7 million in withdrawals on Monday, extending a run of weak flows.
The Glamsterdam upgrade still has no new Hoodi test network date, and October closed with Ether down 16.06%, more than twice Bitcoin’s 7.32% monthly drop.
Metrics
| Metric | Value | Price | ~$2,255.24 | 24h Range | $2,235.31 to $2,297.91 | Market Cap | ~$275.55 billion | 24h Volume | ~$9.68 billion | All-Time High | $4,946.05 (August 24, 2025) | ATH Drop | -54.4% | Circulating Supply | ~122.19 million ETH |
|---|
Data: CoinGecko, November 3, 2026.
Price Analysis
Ether is slipping below its recent range. It was holding near $2,357 before the Binance disclosure, then fell below $2,200 on Friday before a partial recovery toward $2,287 on Monday. That rebound has now faded, with ETH trading near $2,255 and dipping to about $2,235 intraday, below its October 31 closing low of $2,242.50.
Over the past two weeks Ether has ranged from a closing high of about $2,472.68 on October 22 to a low near $2,242.50, based on CoinGecko daily closes. The ETH/BTC ratio sits near the bottom of its 12-month range, and ETF outflows remain the persistent drag. For the day’s news, see Ethereum news today; for market-wide data, crypto market today; and for industry stories, crypto news today.
Support and Resistance
| Level | Price | Resistance 2 | $2,400 | Resistance 1 | $2,298 | Current Price | ~$2,255 | Support 1 | $2,235 | Support 2 | $2,200 |
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What Could Happen Next
Bullish scenario: a daily close back above $2,298, the 24-hour high, would put $2,400 and then the $2,473 pre-hack high back in play. A turn in Ether ETF flows would support the move.
Base scenario: ETH holds between about $2,235 and $2,298 into the midterm elections while the market digests the Binance fallout and the EIP-7702 security debate.
Bearish scenario: a close below $2,200 would expose $2,150 and then the $2,100 area. Any sales of the attackers’ ether holdings remain a standing overhang.
For year-end and long-term targets, see our Ethereum price prediction.
Why Is Ethereum Trending Today
The EIP-7702 security debate is the story. The Binance attacker used the 2025 Pectra-upgrade feature to delegate a hot wallet to a malicious contract and drain it in one sweep, and the FBI’s note that the attackers are converting stolen assets into ether has put the network’s role back in the spotlight.
Fund flows remain the structural drag. Ether ETFs recorded another $155.7 million in outflows on Monday, and they lost roughly $431 million over the week of October 26 to 30, bringing October’s total to about $1.33 billion, as covered in our report on Ether ETF outflows outpacing Bitcoin’s.
Glamsterdam is still unscheduled. The deposit-bug fix was merged in late October, but EIP-8037, the gas-repricing change that caused the Hoodi delay, is still under study. Bitcoin is back near its six-week low (Bitcoin news today), and XRP is steady ahead of the fixCleanup3_4_0 activation (XRP news today). For other moves, see Dogecoin’s price page, Zcash news today and HBAR news today.
What Is Ethereum
Ethereum is a public blockchain for smart contracts, launched in July 2015, with ether (ETH) as the asset that pays for transactions and secures the network through proof of stake. It hosts most of the decentralized finance market, a large share of stablecoins and tokenized funds such as BlackRock’s BUIDL. About 35.8% of the ETH supply is staked, earning holders roughly 2.6% a year, and most user activity now runs on layer-2 networks such as Base, Arbitrum and Optimism that settle to Ethereum.
Top Factors Affecting Ethereum’s Price
ETF flows: US spot Ether ETFs hold about $14.8 billion in net assets, and their flows have been the main swing factor this autumn.
Glamsterdam: the next hard fork adds enshrined proposer-builder separation and block-level access lists and paves the way to a much higher gas limit; a firm mainnet date would be the biggest ETH-specific catalyst of the quarter.
Treasury buying: BitMine, the largest corporate holder, has said it will stop buying at 5% of supply, which would remove a steady source of demand.
Supply growth: with fee burning low, net issuance has added about 780,000 ETH to supply this year, so price support depends on demand rather than scarcity.
Staking: about 43.7 million ETH is staked, and staking ETFs give US investors a way to earn that yield inside a brokerage account.
ETH/BTC ratio: at about 0.029, Ether has underperformed Bitcoin for most of 2026; a rising ratio usually signals rotation into altcoins.
Macro and regulation: higher US rates and the stalled CLARITY Act weigh on risk appetite across crypto.
Ethereum vs. Other Major Cryptocurrencies
| Asset | Price | 24h | 7d | Bitcoin | $76,678 | -1.82% | -3.55% | Ethereum | $2,255.24 | -1.42% | -2.02% | XRP | $1.25 | +0.13% | -3.32% | BNB | $692.41 | -2.23% | -5.46% | Solana | $91.90 | -2.49% | -7.50% | TRON | $0.3209 | +1.80% | -2.11% |
|---|
Ether is down 1.4% today and has held up better than most of the six over the week at -2.0%, ahead of Bitcoin (-3.5%) and XRP (-3.3%). TRON leads the day at +1.8%, while Solana is the weakest of the six both today and on the week.
Summary
| Metric | Value | Current Price | ~$2,255 | Key Resistance | $2,400 | Key Support | $2,200 | Market Sentiment | Fear (Fear & Greed 26) |
|---|
Compare Crypto Prices Today
| Asset | Live Price |
|---|---|
| Bitcoin | Bitcoin Price |
| Ethereum | Ethereum Price |
| XRP | XRP Price |
| Solana | Solana Price |
| BNB | BNB Price |
| TRON | Tron Price |
Where to Buy Ethereum
ETH is available on all major exchanges, including Binance, Coinbase, Kraken, KuCoin, Gate.io, OKX and Bybit. US investors can also use spot Ether ETFs, including staking funds such as BlackRock’s ETHB. Holders who want to earn staking rewards themselves can use liquid staking protocols or run a validator with 32 ETH.
This article is for informational purposes only and does not constitute financial advice.
FAQ
What is the current price of Ethereum?
Ethereum trades at about $2,255.24 on November 3, 2026, down 1.42% over 24 hours and 2.02% over the past week, according to CoinGecko. Its market capitalization is about $275.55 billion, and the 24-hour range runs from about $2,235.31 to $2,297.91.
What is Ethereum’s all-time high?
Ethereum’s all-time high is $4,946.05, set on August 24, 2025, according to CoinGecko; CoinMarketCap lists $4,953.73 on the same day. At about $2,255.24, ETH trades about 54.4% below that record.
Why is Ethereum moving today?
Ether is slipping to a fresh two-week low as ETF outflows persist and the market slides into the US midterm elections. The Binance hack, which used Ethereum’s EIP-7702 feature, keeps security concerns around the network in focus, and the FBI says the attackers have been converting stolen assets into ether.
What is the key resistance level for Ethereum right now?
The first key resistance is about $2,298, the 24-hour high. Above it, $2,400 is the round number ETH needs to reclaim, and then the pre-hack level near $2,473.
What is the key support level for Ethereum right now?
The first key support is about $2,235, the 24-hour low. Below it, the next support is about $2,200, and then the $2,150 area. Ether has not traded below $2,235 in the past two weeks until today.
Is Ethereum a good investment right now?
That depends on your risk tolerance and time horizon. Supporters point to staking yields, Ethereum’s role in stablecoins and tokenized funds, and the coming Glamsterdam upgrade. Skeptics note the EIP-7702 security concerns, persistent ETF outflows and supply growth from low fee burning. Only invest money you can afford to lose.
