Ethereum Classic Price Prediction: What Will ETC Be Worth in 2025?

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What Is the Ethereum Classic Price Prediction Today

AT A GLANCE

  • In 2024, Ethereum Classic price is expected to reach $39.564985520493416, according to some experts
  • 2025 promises to be turbulent, with prices ranging from $8.585530311861138 to $27.85, with WalletInvestor predicting a breakthrough leading to a price rise to $27.85
  • By 2030, ETC price can hit $39.564985520493416

Ethereum Classic Fundamental Analysis

Project name
Ethereum Classic
Stock Symbol
ETC
Current Price
23.84869531072539
Current Supply
147603386.82415742
Launch Date
2015

Ethereum Classic is a cryptocurrency that resulted from a split in the Ethereum blockchain in 2016. The split occurred due to a disagreement within the Ethereum community regarding the handling of a security incident. Ethereum (ETH) continued with the new blockchain, while Ethereum Classic (ETC) remained on the original chain.

DAO, which stands for Decentralized Autonomous Organization, was a smart contract on the Ethereum blockchain designed to act as a venture capital fund. In June 2016, a vulnerability in the DAO code was exploited, leading to the theft of a significant amount of Ether (ETH), the native cryptocurrency of the Ethereum blockchain.

In response to the DAO hack, the Ethereum community proposed a hard fork to reverse the effects of the attack and restore the stolen funds to their original owners. The majority of the Ethereum community, including developers and miners, supported this proposal.

The hard fork took place on July 20, 2016, and resulted in two separate blockchains: Ethereum (ETH) and Ethereum Classic (ETC). The hard fork successfully reversed the transactions associated with the DAO hack on the new Ethereum (ETH) blockchain.

A portion of the Ethereum community, including some developers and miners, disagreed with the decision to perform a hard fork and reverse the DAO hack. Those who opposed the fork continued on the original Ethereum blockchain, which came to be known as Ethereum Classic (ETC).

Ethereum Classic advocates argued that blockchain immutability was a fundamental principle, and transactions should not be reversed, even in the face of security incidents. They believed that code is law and that the blockchain should remain unchanged, regardless of the consequences.

Following the split, Ethereum (ETH) and Ethereum Classic (ETC) developed as separate projects with their own development teams and communities. Ethereum continued to evolve and implement changes, including a transition to a proof-of-stake consensus mechanism (Ethereum 2.0), while Ethereum Classic maintained a focus on the original principles of blockchain immutability.

Ethereum Classic, like Ethereum, supports smart contracts. Smart contracts are self-executing contracts with the terms of the agreement directly written into code. The ETC blockchain enables the creation and execution of smart contracts, allowing decentralized applications (DApps) to be built on its platform.

Ethereum Classic uses the Ethereum Virtual Machine, a runtime environment for executing smart contracts. The EVM ensures compatibility across different nodes on the network, allowing them to execute the same smart contract code in a deterministic manner.

Ethereum Classic primarily uses a proof-of-work (PoW) consensus mechanism. PoW involves miners solving complex mathematical problems to validate transactions and create new blocks. 

ETC is the native cryptocurrency of the Ethereum Classic network. It is used to pay for transaction fees, participate in governance, and as a store of value. Miners are rewarded with newly created ETC for successfully adding blocks to the blockchain.

One of the key principles of Ethereum Classic is blockchain immutability. This means that once transactions are confirmed and recorded on the blockchain, they cannot be altered or reversed, even in the event of a security incident.

Ethereum Classic faces notable concerns related to its potential scalability limitations. Currently, the network can handle approximately 15 transactions per second (TPS), significantly lower than established payment networks such as Visa, which can support over 1,000 transactions per second. Despite undergoing various software enhancements, Ethereum Classic confronts an ongoing challenge in terms of scalability, particularly in optimizing its payment systems for greater throughput. Addressing this issue remains a significant focus for the project as it navigates future developments and strives to enhance the scalability of its network.

A mechanism known as the "Difficulty Bomb" was created to transition the Ethereum chain from a Proof of Work consensus mechanism to Proof of Stake in the future. This transition was intended to occur by progressively escalating the mining difficulty exponentially. The implementation of this upgrade, named Ice Age, took effect at block 200,000. Subsequently, following a hard fork, Ethereum Classic underwent a network upgrade at block 5,900,000. This upgrade served to permanently deactivate the difficulty bomb, securing the continued use of its Proof of Work consensus mechanism and ensuring its longevity.

Ethereum Classic (ETC) currently has a circulating supply of 143,202,120 tokens, and its maximum supply is capped at 230,000,000 ETC tokens. This total supply will remain constant; there will be no increase beyond the specified maximum. Miners play a crucial role in the ETC ecosystem as they earn ETC tokens by maintaining, securing, and managing the network. As of January 11, 2024, the circulating supply is 144,984,165 ETC. 

Ethereum Classic originated from the original Ethereum blockchain, and the initial coin offering (ICO) distribution was identical for both networks. Unlike some other cryptocurrencies, Ethereum Classic did not undergo a separate sale or airdrop. The emergence of Ethereum Classic resulted from a hard fork event that led to the split of the chains, and as such, there was no distinct ICO, sale, or airdrop associated with Ethereum Classic (ETC).

Ethereum Classic (ETC) stands as a prominent cryptocurrency with a substantial market capitalization, enjoying widespread tradability across numerous major exchanges. Investors can freely trade ETC against stablecoins, various cryptocurrencies, and fiat currencies. Additionally, the ETC market offers diverse options, including derivatives and institutional investment vehicles.

Several well-known exchanges facilitate the purchase of Ethereum Classic, making it easily accessible to a broad user base. Notable platforms where users can buy ETC include Binance, OKEx, and Huobi Global, providing a range of trading pairs to cater to different preferences and investment strategies. The inclusion of ETC in these exchanges reflects its significance in the broader cryptocurrency market and underscores its availability for trading in various forms.

Ethereum Classic Live Price Chart

The ETC price chart has been following the downtrend since the beginning of July 2023. At that point to buy ETC traders paid $20.96, but just one week after the value of the Ethereum Classic network native token was already at $19.2. The price chart continued declining during the next week, but at a much slower pace, and on July 13 to buy ETC traders paid $18.8. 

On July 14 the price of ETC jumped to $20.2 but returned to the previous level the next day and continued following the downtrend. By July 24 the ETC price chart reached $18.7, then dipped to $18.12 the next day. It was followed by a short period of price recovery when the value of the Ethereum Classic coin climbed to $18.87. 

During the first 2 weeks of August, the value of ETC was declining again, reaching $17.5 by August 15. In the next 3 days, the value dropped to $14.97 and then started growing. By August 30 the value of the ETC reached $16.88. But the token couldn’t maintain this price level and fell again to $15.39 by September 2. 

During the next week, the ETC conversion rate stayed stable at around $15.5, then dipped to $14.7 on September 12 and returned to the medium level after just one day. The price grew even a little higher, reaching $15.76 on September 20, returning to the level of $15, and staying around that price till September 26 when the ETC price chart started bullying. By October 3 to swap ETC traders paid $16.68.

The following two weeks were signified by the moderate downtrend that took the price of ETC to $14.93 on October 13. After trading at this price for a week the Ethereum Classic native token started bullying, reaching $16.39 by October 26. The ETC price chart continued growing till November 11, when the value of the token reached $20.78. The market correction of the following 3 weeks took it down to $18.84 by December 1. 

But the value of ETC didn’t stay at that level for long and during the next week grew to $22.26 to go down for a correction at $19.65 on December 20. The next day the ETC price chart jumped up again but wasn’t able to break the resistance at $22.5, so it went declining again. By January 8, 2024, the ETC price chart reached $19.24 and then skyrocketed to $30.3.

The current price movement of Ethereum Classic reveals the building of substantial bullish engulfing candles, indicating a potential continuation of the prevailing upward trend. Furthermore, a notable surge in trading volume, reaching a remarkable 250% increase, serves as an additional indicator signaling an upcoming bullish market rally. These combined factors suggest a favorable outlook for Ethereum Classic's price trajectory.

Ethereum Classic Technical Analysis

Despite the fact that 100% accurate technical analysis for Ethereum Classic cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated ETC buy-and-sell rating for selected timeframe. The summary for ETC/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

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Ethereum Classic Price Prediction

Below we have collected the most reliable price projections for Ethereum Classic (ETC) from popular forecast platforms.

Ethereum Classic Price Predictions Summary

Year
Average Price
Avg. Price / Pot. ROI
Potential ROI
2024
$25.82086974
35%
35%
2025
$21.60038950
-19%
-19%
2026
$36.65493607
34%
34%
2027
$18.44063128
-26%
-26%
2030
$28.71749152
1%
1%

Ethereum Classic Price Prediction for 2024

As of the beginning of 2024, Ethereum Classic price predictions remain predominantly positive, with some analytics promising the price at about $26.47205, while TradingBeast even cites the possibility of the price reaching $37.68094 by the end of the year.
Potential ROI: 35% Buy

Ethereum Classic Price Prediction for 2025

In their Ethereum Classic price predictions for 2025, TradingBeast forecasts the coin’s price to go down to $20.50988 by December. Forecasting Ethereum Classic future, PricePrediction.net expects further decrease of its price, too, saying the Ethereum Classic price will reach ~$9.539478 by that time. On the contrary, WalletInvestor keeps predicting Ethereum Classic price growth, quoting prices around ~$27.85 in 2025.
Potential ROI: -19% Sell

Ethereum Classic Price Prediction for 2026

The experts are unanimous in their Ethereum Classic price forecasts for 2026 — everybody expects Ethereum Classic’s price to grow by the end of that year. PricePrediction.net predicts the price growth reaching $24.32567. According to TradingBeast’s research, Ethereum Classic’s price can go up to $44.12009. WalletInvestor’s forecast is also positive: its analysts hold the view that by 2024 Ethereum Classic’s price will be about $27.31.
Potential ROI: 34% Buy

Ethereum Classic Price Prediction for 2027

PricePrediction.net has only pessimism in store for the 2027 Ethereum Classic price prediction, valuing Ethereum Classic at $13.11678 by the end of 2027. WalletInvestor agrees with a negative forecast and predicts, in turn, $2.21 for the same period. On the other hand, TradingBeast’s team is more optimistic — their Ethereum Classic price prediction for December of this year is just $37.44245.
Potential ROI: -26% Sell

Ethereum Classic Price Prediction for 2030

Speaking of long-term Ethereum Classic price predictions for 2030, experts present two polar opinions. TradingBeast expresses the view that Ethereum Classic price will grow further and eventually reach $25.75659 by the end of the decade. PricePrediction.net’s price prediction for Ethereum Classic echoes with the projection of an uptrend to $44.35857. Despite this, WalletInvestor’s vision remains not so positive, promising a downfall to $2.2542.
Potential ROI: 1% Buy

FAQ

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Why is Ethereum Classic a lot cheaper than Ethereum?

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Author

June Katz
June Katz is a writer who is really interested in finance, trading, blockchain, and tech. As a SwapSpace author, she enjoys making content about crypto and other related topics.

Summary

As it can be clear from the analysis cited above, Ethereum Classic (ETC) projections are rather contradictory. There is no universal consensus either about positive or negative future ETC price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Ethereum Classic projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).

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Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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