Ethereum price: ETH/USD, market cap and what moves it

Thomas Rebaud
Thomas Rebaud, CEO @akka.app
November 13, 2026
•
7 min read
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CoinGlass reported ETH at $2,002.7 in its November 13, 2026 snapshot, down 2.79% over 24 hours, with Ethereum's circulating market value at about $245 billion. ETH trades around the clock, so the number changes constantly and differs slightly from one site to another. This article explains what that price covers, what sits behind it, and what tends to move it.

Key takeaways

  • ETH traded at $2,002.7 in CoinGlass's November 13, 2026 snapshot, down 2.79% in 24 hours.
  • Owning ETH is holding a token used on a network, not shares in a company.
  • ETH can move sharply, and its price can fall further.

Ethereum price today: ETH/USD and the headline numbers

Here are the headline figures from one source, taken at one moment.

An Ethereum coin rests on a computer mainboard.
Photo by Kanchanara on Unsplash
Figure Value (Nov 13, 2026 snapshot)
ETH price $2,002.7
Change over 24 hours down 2.79%
Circulating market value about $245.06 billion

CoinGlass published these figures with a snapshot timestamp of 00:43 UTC on November 13, 2026. On the same date, CoinGecko showed $1,929.35. Both are real prices. Each provider pulls data from a different mix of trading venues, at a different second, which is why two websites rarely show the same figure down to the cent. On November 13, 2026, CoinDesk reported that ETH briefly fell below $2,000 for the first time since August amid a broader crypto sell-off.

Crypto prices can move sharply in both directions, including inside a single day. For a recent example of how fast that happens, see our article on the November 2026 fall in bitcoin.

The chart in context: all-time high, all-time low and one year ago

A chart shows where the price has been. It says nothing about where it goes next.

CoinMarketCap lists Ethereum's all-time high at $4,953.73 on August 24, 2025, and its all-time low at $0.4209 on October 21, 2015. That is the full range so far, from less than half a dollar to almost five thousand.

CoinGecko showed an ETH price of $1,929.35 on November 13, 2026. CoinMarketCap's November 13, 2025 close was $3,232.76. Past performance does not predict future performance.

What is Ethereum, and what is ETH?

Ethereum is a network that runs software without one company in control. Ether, written ETH, is its native cryptocurrency. It's used to pay network fees and to help secure the network through staking, which means committing ETH to help validate transactions.

So when a site quotes "the Ethereum price", it means the price of one ETH. There are no shares, no dividends and no quarterly results behind that quote.

What moves the Ethereum price

No single factor explains a given day's move. Several forces act at once, and they pull in different directions.

Supply, demand and staking

The price reflects how many people want ETH against how much is available to trade. Staking takes some of it out of active circulation. Ethereum.org's staking page displayed 44,188,630 ETH staked and a 35% figure for the share of ETH staked. People leaving staking wait in a queue with limited capacity, which can make staked ETH less immediately available for trading. Tokens that represent staked ETH can be traded, but they bring separate risks.

How much the network gets used

Gas is the measure of computational work a transaction needs. The fee in ETH is gas used multiplied by the base fee, plus any tip to get priority. The protocol adjusts the base fee with demand for block space, so busy periods push fees up. Ethereum.org's live-cost table listed a transfer fee estimate of $0.054 when the page was last updated on November 12, 2026, and actual fees vary with demand.

Fee income across the network

Because Ethereum is a network and not a company, there is no profit-and-loss statement. Bitwise estimates network revenue instead, across four fee streams. Its quarterly series runs $263 million in Q1 2025, $131 million in Q2 2025, $148 million in Q3 2025, $107 million in Q4 2025, $67 million in Q1 2026 and $64 million in Q2 2026. These are network-revenue estimates, not corporate earnings.

Upgrades and technical delays

Changes to the network itself are followed closely. On October 22, 2026, the Ethereum Foundation postponed the Hoodi test activation of the Glamsterdam upgrade, which had been set for October 26 at 17:42:48 UTC. On November 6, developers said they would not fork Hoodi until issues involving two proposed changes, EIP-8037 and EIP-8038, were resolved, with work on Hegota continuing in parallel.

Market cap and supply, explained

Market capitalisation is the ETH price multiplied by the number of coins in circulation. CoinGlass put Ethereum's circulating market value at about $245.06 billion in its November 13, 2026 snapshot.

That figure is useful to compare the size of different cryptoassets. It is not revenue, not profit, not cash sitting in a business, and not money invested in Ethereum. It's an arithmetic result that moves every time the price moves.

What you own when you buy ETH

You own a token. Not equity, not a share certificate, not a claim on anyone's profits. There are no voting rights at a shareholder meeting, because there is no company to hold one. ETH's purpose on the network is to pay fees and support staking.

Using an app built on Ethereum doesn't make you an owner of that app either. The token and the applications are separate things.

If you want the practical side, see our step-by-step guide to buying Ethereum in Europe.

Risks

  • You can lose everything you put in. Crypto prices can fall sharply with no floor.
  • Losing access to your wallet can mean losing the holding, with no one to call.
  • Platform failure is a real risk. If the service holding your ETH collapses, your coins may go with it.
  • Network changes can slip. The Hoodi testnet activation of Glamsterdam was postponed on October 22, 2026, and developers said on November 6 they would not fork it until two proposed changes were resolved.

This article is for information only and is not investment advice.

Frequently asked questions

Is ETH the same as Ethereum?

Not exactly. Ethereum is a network that runs software without one company in control. ETH, short for ether, is the native cryptocurrency of that network. Price quotes labelled "Ethereum price" always refer to ETH, since the network itself has no price.

Why does the ETH price differ between websites?

Each data provider averages a different set of trading venues, and each takes its snapshot at a different second. On November 13, 2026, CoinGlass showed $2,002.7 while CoinGecko showed $1,929.35. Both are valid.

Does Ethereum have revenue?

Not in the company sense. Ethereum is a decentralised network with no corporate profit-and-loss result. Bitwise estimates network revenue across four fee streams, and put it at about $64 million for Q2 2026, down from $67 million in Q1 2026. That is fee activity on the network, not earnings paid to holders.

What was Ethereum's all-time low?

CoinMarketCap lists it as $0.4209 on October 21, 2015. It's a reminder of how far the price has travelled, in both directions. A past high or low is history, not a target.

How much does a transaction cost on Ethereum?

Ethereum.org's live-cost table showed a transfer fee estimate of $0.054 when the page was last updated on November 12, 2026. Actual gas fees change with demand, because the protocol raises the base fee when blocks fill up.

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Thomas Rebaud
Thomas Rebaud
Founder and CEO of Akka
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Founder of Meero.com (unicorn)

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