📊 Current Market Snapshot

As of October 4, 2025, Ethereum Classic (ETC) is trading at $19.37 USD, with a 24-hour trading volume of approximately $3.02 billion. The token has experienced a slight decline of 0.03% over the past 24 hours. Earlier in the day, ETC reached an intraday high of $20.08 before facing resistance and retracing back to current levels.

---

🚀 Recent Developments

Olympia Upgrade Proposal: The Ethereum Classic community has proposed the "Olympia" upgrade, introducing EIP-1559-style fee burns and on-chain governance mechanisms. The upgrade aims to enhance the network's scalability and decentralization. Testnet rollout is planned for late 2025, with mainnet activation by the end of 2026.

Tether Ends USDT Support: Tether has discontinued USDT support on Ethereum Classic, citing operational streamlining. This move raises short-term liquidity concerns for ETC, as USDT has been a significant stablecoin on the network.

Grants DAO Targets Asia Expansion: The ETC Grants DAO, backed by BITMAIN and ANTPOOL’s $10M fund, is focusing on Hong Kong’s new Web3 regulations to position ETC as a Proof-of-Work alternative to Ethereum in Asia.