Ethereum Classic Price Today (Live Data)
- Ranking: #37 by market capitalization
- Current Price: $16.43
- 24h Range: $15.87 (Low) – $16.64 (High)
Key Metrics:
| Metric | Value | Change (24h) |
|---|---|---|
| Market Cap | $2,506,398,129 | +2.14% |
| Fully Diluted Market Cap | $3,461,856,979 | +2.14% |
| Trading Volume | $54,936,847 | +3.05% |
| Volume/Market Cap | 0.0219 | — |
| Circulating Supply | 152,547,632 ETC (72.4% of max) | — |
| Max Supply | 210,700,000 ETC | — |
👉 Track real-time ETC price trends
Ethereum Classic (ETC) Price Chart Analysis
The ETC/USD chart shows:
- Recent Growth: +2.14% (24h) | +0.04% (7d)
- Market Sentiment: Neutral with bullish momentum
Support/Resistance Levels:
- Immediate support: $15.50
- Key resistance: $17.20
What Is Ethereum Classic?
Ethereum Classic (ETC) is the original Ethereum blockchain preserved after the 2016 hard fork that reversed The DAO hack. Key features:
- Immutability: Maintains "code is law" philosophy
- Consensus: Proof-of-Work (PoW) algorithm
- Smart Contracts: Supports dApp development
- Decentralization: Community-governed network
👉 Explore PoW vs. PoS blockchains
How Ethereum Classic Works
Technical Architecture:
- Consensus: Miners validate transactions via PoW
- Smart Contracts: EVM-compatible execution
- Security: Fully replicated blockchain prevents tampering
- Development: Open-source with community-driven upgrades
Ethereum Classic vs. Ethereum: Key Differences
| Feature | Ethereum Classic (ETC) | Ethereum (ETH) |
|---|---|---|
| Consensus | PoW | PoS (post-Merge) |
| Governance | Community-driven | Ethereum Foundation |
| Supply Cap | 210.7M ETC | No hard cap |
| Upgrade Focus | Scalability | Cost reduction |
Ethereum Classic Price History
Notable Price Movements:
- 2016: Launched at $0.93
- 2018 Bull Run: Peaked at $41.12
- 2021 Rally: Surged to $133.68 (+2,204%)
- 2024 Performance: Reached $37.22 (March)
Current Price (2024): $16.43
FAQ
Is Ethereum Classic a good investment?
ETC suits investors seeking exposure to:
- PoW smart contract platforms
- Ethereum's original vision
- High-risk/high-reward crypto assets
Why did Ethereum Classic split from Ethereum?
The 2016 hard fork occurred to reverse The DAO hack, while ETC maintained the unaltered blockchain to preserve immutability.
Can Ethereum Classic reach $100 again?
While possible during bull markets, ETC would need:
- Increased adoption of its dApp ecosystem
- Sustained demand for PoW chains
- Broader crypto market recovery
Conclusion
Ethereum Classic remains a unique player in the blockchain space, offering an immutable PoW alternative to Ethereum. While its price has fluctuated significantly, ETC continues to attract developers and miners valuing its decentralized ethos.