Ethereum Classic Price Prediction: Will ETC Reach $1000?

An up-to-date Ethereum Classic price prediction for 2023, 2024, 2025, 2026, 2030. Wondering what is the future of ETC price? Find out Ethereum Classic price forecast with historical, fundamental and technical analysis.
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Ethereum Classic Fundamental Analysis

Project name
Ethereum Classic
Stock Symbol
Current Price
Current Supply
ROI Since Launch
Launch Date

Ethereum Classic (ETC) is a cryptocurrency and blockchain platform that emerged as a result of a split from the Ethereum (ETH) blockchain in July 2016. The split, often referred to as a "hard fork," was the result of a contentious debate within the Ethereum community about how to handle a security breach that occurred on the Ethereum network.

The Decentralized Autonomous Organization (DAO) was a smart contract and investment fund built on the Ethereum blockchain in 2016. It raised a significant amount of Ether (ETH), the native cryptocurrency of Ethereum, through a crowdfunding campaign.

A vulnerability in the DAO's code was exploited, resulting in the theft of a substantial amount of Ether. In response to the hack and to return the stolen funds to the original investors, the Ethereum community proposed a hard fork that would effectively reverse the transactions associated with the hack. This hard fork was contentious and led to a divide within the Ethereum community.

The majority of the Ethereum community supported the hard fork, leading to the creation of Ethereum (ETH), which continued with the altered blockchain. However, a minority of the community believed in the principle of immutability and opposed the fork. This minority continued with the original, unchanged Ethereum blockchain, which became known as Ethereum Classic (ETC).

Ethereum Classic retains the pre-fork blockchain's history and principles, including the idea that blockchain transactions should be immutable and irreversible. It operates as a separate cryptocurrency and blockchain platform, with its own development community and ecosystem.

Ethereum Classic uses a proof-of-work consensus mechanism to secure its network. Miners solve complex mathematical puzzles to add new blocks to the blockchain and validate transactions. This is energy-intensive and requires significant computational power.

While Ethereum (ETH) has seen greater adoption and development since the split, Ethereum Classic (ETC) continues to exist as an alternative blockchain. It is used for various purposes, including smart contracts, decentralized applications (DApps), and as a store of value, similar to Ethereum. Some projects and developers prefer Ethereum Classic due to its commitment to immutability.

Saturn Network and Dex-Trade are examples of DEXs on Ethereum Classic. Emerald Platform is a set of tools and libraries designed to make it easier for developers to build DApps on Ethereum Classic. It provides developer resources, documentation, and a development environment for building on the ETC blockchain. Ethereum Classic's immutability and security features also make it attractive for certain industrial and Internet of Things (IoT) applications. Some projects are exploring its use in supply chain management, IoT device authentication, and more.

Following its fork from Ethereum in 2016, Ethereum Classic has faced challenges in vying for market capitalization, developer support, and network security, particularly in terms of total mining power. Throughout its existence, Ethereum Classic has encountered multiple instances of "51% attacks." These attacks involve malicious entities gaining control of the majority of the network's mining power, enabling them to execute double-spend attacks, effectively spending coins they did not legitimately possess.

At present Ethereum Classic has its own development community and ecosystem, albeit smaller than Ethereum's. It has its own development teams, forums, and projects. Developers interested in building on the Ethereum Classic blockchain have access to tools and resources for creating DApps and smart contracts.

​​Ethereum Classic Labs is an organization dedicated to advancing the development and adoption of Ethereum Classic. They provide funding, support, and resources to various projects and developers working on the ETC blockchain.

One of the primary distinctions between Ethereum Classic and Ethereum lies in their governance models. Ethereum operates with a relatively centralized system, where a core development team takes the lead in determining the platform's direction. Conversely, Ethereum Classic follows a more decentralized governance approach, where the community plays a pivotal role in decision-making through a consensus-driven process.

The native cryptocurrency of the Ethereum Classic network is called ETC. It is used for transaction fees, smart contract execution, and as a store of value. ETC can also be traded on various cryptocurrency exchanges.

As of October 4, 2023, the total supply of the Ethereum Classic is 210,700,000 ETC with 143,332,301 ETC in the current circulation. 

ETC holds a significant market capitalization and is readily tradeable on numerous major exchanges. Trading pairs are accessible with stablecoins, various cryptocurrencies, and fiat currencies, and there are also derivatives and institutional investment options available. Notable exchanges where Ethereum Classic can be purchased include Binance, OKEx, and Huobi Global.

Ethereum Classic Live Price Chart

The ETC price chart showed many losses, though the journey to the current state of the Ethereum classic price was signified by a lot of volatility. 

In spring 2023 the Ethereum Classic token price showed a downtrend that lasted till the middle of May when the ETC value reached $18 and then kept going down but at a slower pace. On June 9 the ETC token price reached $16.9 and then dropped to the level of $15, where it stayed till June 20. 

In 10 days the price of ETC went up to $20.96 and then established a period of price correction. By the middle of August, the ETC price chart dropped to $17.5. And in just 3 days between August 15 and August 18 the ETC price sank to $14.97, around where it stayed for the next 1.5 months unsuccessfully trying to break resistance at $16.8. The last attempt to reach higher happened on October 2, when ETC went slightly up to $16.68, but couldn’t remain there, and returned to the average at $15.7. On October 6, 2023, to buy ETC traders paid around $27, but from this point, the ETC started losing value at a quite fast pace. 

According to the price chart indicators the experts don’t foresee any uptrend for the Ethereum classic token in the near future. The overall tendency suggests that ETC will continue steadily go down steadily unless the market situation changes. 

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Ethereum Classic Technical Analysis

Currently, ETC is trading in a descending triangle pattern, which is a bearish pattern indicating a potential price decline. The pattern is formed by a horizontal support line and a descending trend line that converges toward the support line. If the price breaks below the support line, it could trigger a sell-off, leading to a decline in price.

However, it is worth noting that ETC has recently demonstrated resilience in the face of market volatility. In the third quarter of 2023, ETC traded between $15 and $17, establishing a significant support level below this level has the potential to drive the ETC price down to $13.

ETC price is currently on a bearish path and is trading below the 100 simple moving average (30 minutes). In the past, ETC broke out of a descending triangle pattern and tested the subsequent support level. Applying the linear prediction model, we can conclude that the price of Ethereum Classic will experience a bearish trend in the near future.

Ethereum Classic Price Prediction

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

Ethereum Classic Price Prediction for 2023

As of the beginning of 2023, Ethereum Classic price predictions remain predominantly positive, with some analytics promising the price at about $26.66642, while TradingBeast even cites the possibility of the price reaching $37.28963 by the end of the year.
Potential ROI: 53% Buy

Ethereum Classic Price Prediction for 2024

According to WalletInvestor, in 2024 Ethereum Classic investors should expect price growth to $65.77717, which seems a good reason to consider Ethereum Classic as an investment option. TradingBeast, in turn, predicts the price increasing to $26.47564, and agrees with a predicted growth to $29.05122.
Potential ROI: 87% Buy

Ethereum Classic Price Prediction for 2025

Ethereum Classic price predictions for 2025 are still predominantly positive, with some analysts promising prices in the $22.33042–$121.03 range (, WalletInvestor), while TradingBeast takes a different view and cites the possibility of the price reaching $6.089397 in December 2025.
Potential ROI: 130% Buy

Ethereum Classic Price Prediction for 2026 has only pessimism in store for the 2026 Ethereum Classic price prediction, valuing Ethereum Classic at $9.322407 by the end of 2026. TradingBeast agrees with a negative forecast and predicts, in turn, $6.332972 for the same period. On the other hand, WalletInvestor’s team is more optimistic — their Ethereum Classic price prediction for December of this year is just $25.4163.
Potential ROI: -37% Sell

Ethereum Classic Price Prediction for 2030

Speaking of long-term Ethereum Classic price predictions for 2030, experts present two polar opinions. WalletInvestor expresses the view that Ethereum Classic price will grow further and eventually reach $24.90797 by the end of the decade.’s price prediction for Ethereum Classic echoes with the projection of an uptrend to $37.28963. Despite this, TradingBeast’s vision remains not so positive, promising a downfall to $9.18281.
Potential ROI: 10% Buy
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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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