Ethereum

$2,096.93
-$21.36(-1.02%)Today
Market cap
252.66B
Total volume (24h)
9.50B
Volume / Market cap
0.0376
Circulating supply
120.69M
Day range (24h)
$2,084.19$2,135.69
All-time low
$0.433
All-time high
$4,946.05

About Ethereum (ETH)

Current ETH Price: $2,096.93 | May 26, 2026  | Market cap: $252,664,310,571.

What is ETH?

Ethereum is a decentralized blockchain network and the world's leading platform for digital smart contracts, conceived in 2013 and launched in 2015. Its native token, ETH (pronounced "Eee-th"), acts like fuel that powers the entire ecosystem.

What is a smart contract?

A smart contract is a digital agreement written in computer code that lives on a blockchain like Ethereum.  It automatically does something when certain conditions are met. For example: If you send me 1 ETH, the smart contract instantly sends you a digital artwork (NFT). The code follows its programmed rules automatically, 24/7. No human involvement is needed.

Ethereum's network is a vast, secure, public ledger that records every transaction. Traditional smart contracts follow their original rules, and can’t be changed once executed. Upgradable smart contracts can be updated for new features or bug fixes.

What is Ethereum known for?

Ethereum powers the world's largest DeFi economy across 100+ EVM Layer 2 networks (L2s) and thousands of EVM-compatible chains, delivering 100,000+ TPS total capacity. It pioneered smart contracts (2015) and hosts the most active global developer community (60%+ market share).

Real-world Ethereum ecosystem performance:

- Base layer: ~15 TPS, battle-tested security

- L2s: Fast transactions

- Ecosystem: Thousands of decentralized applications, $2T+ all-time volume processed

Recent & planned upgrades: Pectra (live May 2025), Fusaka (live Dec 2025), Glamsterdam (live by May 2026, with ePBS for MEV resistance), Hegota (live by 2026 with Verkle Trees for state growth).

How does DeFi impact the price of ETH?

Decentralized finance apps are one of Ethereum's top use cases today, and allow you to buy, sell, trade, and stake assets like ETH without intermediaries or banks. To start buying, selling, or trading ETH, all you have to do is connect to a leading crypto wallet like MetaMask.

DeFi is a global financial system, and an alternative to TradFi that is accessible to anyone with an internet connection, open 24/7 worldwide.

Price history

Today (May 26, 2026)$2,096.93-1.02%
24 hours ago (May 25, 2026)$2,118.51-1.02%
1 week ago (May 19, 2026)$2,113.25-0.77%
1 month ago (April 26, 2026)$2,334.60-10.18%
1 year ago (May 26, 2025)$2,570.62-18.43%

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ETH Sentiment

ETH updates powered by Brandwatch. Not financial advice. Last updated on May 21, 2026.

Bullish ETH indicators

Investor interest in tokenized equities points to growing demand for blockchain settlement infrastructure. Ethereum's smart-contract layer is a leading candidate for real-world asset tokenization, which may expand institutional use of ETH. (Source)

Continued builder activity on Ethereum is visible as the V1 CryptoPunks marketplace relaunched with an updated smart-contract wrapper. Ongoing ecosystem development signals sustained developer and collector engagement on the network. (Source)

ETH trades at $2,130 with a market cap of $257B and 24-hour volume of $13.3B as of May 21. Sustained trading volume indicates continued market participation across spot and derivatives.

Bearish ETH indicators

Harvard sold its entire $87 million Ethereum ETF (exchange-traded fund) position in Q1 2026, one quarter after opening it. The exit removes a notable institutional buyer and may reduce near-term ETF demand for ETH. (Source)

Goldman Sachs cut its Ethereum ETF (exchange-traded fund) holdings by around 70% in Q1 2026, per its 13F filing. Reduced institutional positioning may lower ETF bid support for ETH. (Source)

A bridge exploit on May 20 minted 1 quadrillion MAPO tokens and crashed the token's price. Security incidents in smart-contract ecosystems may increase cautious positioning across DeFi (decentralized finance). (Source)

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