Ethereum Classic (ETC) Price Prediction 2024, 2025, 2030

Ethereum Classic (ETC) was launched as a hard fork of Ethereum (ETH) in 2016 due to the disagreement of a part of users to manually interfere in the blockchain. In this article, we’ll dive into the latest Ethereum Classic price prediction for 2024, 2025 and 2030, and its potential prospects as a long-term investment.

Now that ETH has completed its transition to a proof-of-stake (PoS) consensus mechanism from a proof-of-work (PoW) one while ETC maintains its PoW status, the latter could turn out to prove more popular as a store of value, thanks to its cheaper price.

Before diving into the Ethereum Classic price prediction and discussing numbers that might get you bored for no reason at all, let’s have a look at the basic introduction of this currency.

Ethereum Classic (ETC) Overview

Cryptocurrency	Ethereum Classic
Token	ETC
Price	$ 26.0849 -3.46%
Rank	32
Market Cap	$ 3.9B
24H Trading Volume	$ 705.7M
All-time High	$ 165.7510
All-time Low	$ 0.4524
24 High	$ 26.6387
24 Low	$ 25.4765
Cycle High	$ 45.1139 / 2022-08-13 07:05:00
Cycle Low	$ 12.6338 / 2022-06-18 20:10:00
Update Time	2024-11-20 02:42:01

What is Ethereum Classic?

Founded by Vitalik Buterin and the Ethereum Foundation, Ethereum Classic is a blockchain that was built due to the split of the Ethereum blockchain into two separate chains after a disagreement among its community members.

In June 2016, members of the Ethereum community began an intense debate over a potential hard fork, or split, after a hack of the decentralised autonomous organisation (DAO) that resulted in the theft of 3.6 million ether coins.

Eventually, the side urging for a revision to the blockchain eventually won the argument and created a hard fork of Ethereum, which is now ETH, the second biggest crypto.

Ethereum Classic, on the other hand, is a continuation of the original blockchain after a substantial number of miners decided not to go with the fork. They held to the principle that “code is law,” despite the hack.

Hence, in July 2016, the Ethereum network officially forked into two blockchains: Ethereum and Ethereum Classic. Exchanges supported both blockchains, allowing the Ethereum Classic legacy network to continue with ETC as its native coin. Post the split, ETH holders at the time received the same amount of ETC in their wallets for free.

Ethereum Classic uses proof of work to validate transactions. However, after the Merge in September 2022, Ethereum recently switched to the proof of stake consensus, making it sustainable.

Some of the use cases for ETH are as follows:

• Decentralized autonomous organizations (DAOs)
• Layer 1 network
• Layer 2 solutions (network of networks)
• Enterprise Ethereum
• Smart contracts
• Network of tokens
• Non-fungible tokens (NFTs)

Some of the use cases for ETC are as follows:

• Utility token for decentralized applications (dApps)
• NFT dApps
• Censorship resistance
• Store of value

Ethereum Classic (ETC) Price Performance

Ethereum Classic (ETC) Price Prediction for Today, Tomorrow and Next Week

Ethereum Classic (ETC) Price Prediction for 2025-2050

Ethereum Classic (ETC) Price Prediction 2024

With 2024’s second half well under way, Ethereum Classic appears to be a promising cryptocurrency. Which is why we think ETC will make some intriguing moves in the future.

First, the ever-expanding collection of tools and decentralised applications (dApps) may be accessed via Ethereum Classic since it is still compatible with the Ethereum Virtual Machine (EVM). For developers who would rather continue working on Ethereum but value Ethereum Classic more, this is fantastic news.

Also, the Ethereum Classic team isn’t sitting on their hands. In order to make the network better for both users and developers, they are constantly improving it. With more miners joining the network following “The Merge,” the hash rate has increased, which is great news for Ethereum Classic because it still implements a Proof-of-Work consensus.

Given these considerations, ETC still has room to grow into one of the most exciting cryptocurrencies on the market. That is why we anticipate that the price of Ethereum Classic will rise above $35 in the year 2024.

Ethereum Classic (ETC) Price Prediction 2025

Ethereum Classic appears to be well-positioned to keep developing in the years leading up to 2025. We are not projecting a price explosion at this time, but we do see potential for a gradual increase.

Ethereum Classic will grow in prominence as an alternative to Ethereum as the latter attracts more institutional investment, particularly following the introduction of spot ETH ETFs. Its emphasis on decentralisation and immutability is the reason behind this.

And it’s not even limited to the principles of Ethereum Classic. Interest from institutions may also be piqued by the network’s enhanced security. If well-known funds want to get into the blockchain arena but aren’t ready to put all their eggs in one basket, they may start by looking at ETC.

And our topic is DeFi. In this domain, Ethereum stands head and shoulders above the competition. Ethereum Classic, on the other hand, may entice decentralised application developers who are seeking an alternative to Ethereum due to its less congested network and cheaper costs.

Keep in mind that all of that, and our Ethereum Classic price projection for 2025 has ETC reaching $39.07 at some time. Nonetheless, $32.41 is our projected average trading price.

Ethereum Classic (ETC) Price Prediction 2030

The Ethereum Classic ecosystem is actively growing with new users and partnerships and may remain viable in the long term. Our Ethereum Classic price prediction 2030 forecasts that the Ethereum Classic price is expected to range between $138.04 and $149.58 in 2030.

Here, it’s worth pointing out that 2030 is still a long way away. 7 years down the line, the crypto market could be affected by a host of different events and updates, each of which is difficult to ascertain. Ergo, it’s best that predictions like these are taken with a pinch of salt.

Ethereum Classic (ETC) Consensus 

Potential Highs and Lows of ETC

Is Ethereum Classic a Good Investment?

One advantage of Ethereum Classic over its competition is its immutability, which means that once a transaction is recorded on the blockchain, it cannot be changed. This provides a high level of security and transparency, making it attractive to businesses and individuals who value these attributes. Additionally, Ethereum Classic’s focus on decentralization and community governance makes it a popular choice among those who prioritize these ideals.

On the other hand, however, it faces a fierce competition from other similar crypto projects, does not stand out with its technology and innovation, does not have a genuine community (not counting speculators and hype-chasing crowd) and the team behind the project is unproven.

Therefore, regarding the “should you buy Ethereum Classic?” question, we leave it up to you to decide.

In closing, please know the forecast figures are generated using our price prediction tool and in that matter, not a guarantee, that the actual price action will follow what we mentioned. Forecasts are not immune to changing circumstances and will be updated with new developments. Always do your own research and evaluate all necessary factors before making any investment.

FAQs

Can Ethereum Classic reach $10,000?

No. Our prediction model sees no possibility for Ethereum Classic to reach $10,000 in the future. While the Ethereum Classic (ETC) price may experience impressive upward movement, reaching such a significant milestone seems unlikely based on the available data and market conditions.

Can Ethereum Classic reach $5,000?

No. According to our analysis, there is no evidence that Ethereum Classic will reach $5,000.

Can Ethereum Classic reach $1000?

No. According to our analysis, there is no evidence that Ethereum Classic will reach $1000.

Will ETC reach $100?

In its Ethereum Classic price prediction, algorithmic forecasting tools Changelly estimated that the Ethereum Classic price could exceed $100 by 2027.

Will Ethereum Classic go up 2024?

Ethereum Classic has enjoyed something of a recovery in 2024 so far, so we will have to see what it can do to maintain that good performance. A lot will depend on how the crypto market behaves as a whole. You need to remember a variety of elements will influence the potential development of Ethereum Classic in 2024, thus the prices may, and do, go down as well as up.

How high Ethereum Classic will go?

The average price of Ethereum Classic might go to $23.79 by the end of 2024. If we estimate the five-year plan, it is estimated that Ethereum Classic price will reach the $109.02 level in 2028.

What is the Ethereum Classic prediction for 2025?

Our Ethereum Classic prediction 2025 suggests that Ethereum Classic will be trading between $44.19 and $53.62 by 2025.

What will Ethereum Classic be worth in 2030?

As per our Ethereum Classic price prediction 2030, Ethereum Classic is expected to reach a maximum price of $149.58 in 2030, with a minimum price of $138.04.

Where can I buy Ethereum Classic?

Notable options for purchasing Ethereum Classic include Binance, BTCC and Coinbase. Among these, BTCC is one of the best exchanges as it witnesses a large trading volume of ETC. Compared to Binance, BTCC has no regulatory concerns and is available in U.S., Canada and many other countries in Europe. Furthermore, BTCC exchange is highly recommended due to its favourable attributes such as extremely low fees, user-friendly interface, excellent customer support, and robust security measures with no reported hacks or security breaches to date.

Buying ETC on BTCC is simple. Check here to create an account on BTCC and choose to purchase ETC with USDT and a leverage up to 50x. The transaction is safe, cheap, and fast with VERY easy steps. You can also choose to deposit ETC with a minimum single deposit of 15ETC.

About BTCC

BTCC is a leading cryptocurrency trading platform that is distinguished by its ability to balance the simplicity of use with advanced features. It provides a comprehensive educational program through the BTCC Academy, 24/7 customer support, and robust security to both novices and experts. BTCC is a top choice for digital asset investors due to its emphasis on user contentment, which fosters a secure and informed trading environment across a variety of cryptocurrencies.

BTCC is one of the few exchanges in the market that offers high-leverage options for investors and concentrates extensively on futures trading. Users have access to more than 300 USDT-margined perpetual trading pairs, which encompass numerous prominent altcoins and meme-coins. Additionally, the platform has recently implemented spot trading to facilitate novice users who may not be acquainted with futures trading.

• Established Reputation: BTCC is one of the oldest and most well-known cryptocurrency exchanges, having been operational since 2011. Its history in the market enhances its credibility and trustworthiness.
• A Diverse Selection of Cryptocurrencies: BTCC allows customers to access and exchange a wide range of digital assets.
• Margin and Futures Trading: BTCC provides margin and futures trading options, allowing customers to expand their trading holdings and potentially increase their profits.
• Proficient Trading Instruments: such as real-time market data, trading charts, and technical analysis indicators. These tools can help users make informed trading decisions.
• Security Measures: BTCC values security and uses a variety of safeguards to secure customer payments and information. This includes two-factor authentication (2FA) and cold storage of cryptocurrency assets.

BTCC Guide:

• How to Trade Crypto Futures Contracts on BTCC
• BTCC Guide-How to Deposit Crypto on BTCC?
• What is Crypto Futures Trading – Beginner’s Guide
• What is Leverage in Cryptocurrency? How Can I Trade at 100X Leverage?
• BTCC Review 2024: Best Crypto Futures Exchange

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