Yes.
Although you're obviously best-off if you crossfire it with another 7870.
Or you could just sell it for ~$200 and buy a 7970 for ~$400. You're out the same amount of money.
The 7970 might have a little less raw power (and correspondingly lower frame rates), but there's no micro-stuttering, no loss to scaling inefficiency, no iffy crossfire support from certain games, it'll use 100w less power than a pair of 7870s, and a 3GB 7970 will have more usable VRAM than a pair of 2GB 7870s (since everything is mirrored in memory for both cards.)