Bitcoin is trading above $95,000 and aiming for the $100,000 mark once again. Meanwhile, Ethereum has broken out of a large range and is getting closer to the $2,000 mark. Subsequently, Ethereum Classic has also experienced a bullish trend. Let's explore how high it can rise in this Ethereum Classic price prediction.
Since its launch, Ethereum Classic has reached an all-time high of $167.09 in May 2021 and since then, the price has decreased by 89.8%. At the time of writing, the price is currently trading at $17.05, with a market capitalization of $2.58 billion and a 24-hour trading volume of $85.36 million.
In this article, we will discuss ETC price predictions by providing you with short-term and long-term price forecasts and exploring whether this token can continue its upward trajectory.
What is Ethereum Classic?
The original Ethereum blockchain (ETH), known as ETC, was launched in July 2015. Its main role is as a smart contract network, capable of hosting and facilitating decentralized applications (DApp). ETC is its native token.
ETC has made efforts to differentiate itself from ETH since its inception and over time, the technical roadmaps of these two networks have become increasingly distinct.
How ETC and ETH handle governance is one of their key differences. With a core development team deciding the future of the platform, ETH has a more centralized structure. On the other hand, ETC has a more decentralized governance approach, with community members reaching consensus to make decisions.
Their development roadmaps are another significant difference between the two sides. After the merger in September 2022, ETH transitioned from the Proof-of-Work (POW) consensus mechanism to the Proof-of-Stake (PoS) algorithm. In contrast, ETC has prioritized maintaining the original PoW algorithm and adhering to its decentralization principles.
Ethereum Classic Price Prediction
What realistic predictions are there for the ETC token? Let's delve deeper into the price predictions for ETC for 2025 and 2030.
Short-Term Outlook
According to CoinCodex's price prediction for Ethereum Classic in the near future, the price of this token is expected to increase by 64.86% and reach $28.06 by May 29, 2025. As of April 29, 2025, the general sentiment regarding the price outlook for ETC is neutral, with 11 technical analysis indicators showing bullish signals, 12 bearish trend indicators, and 12 indicators showing a neutral forecast.
Price Prediction for 2025
In the remaining months of 2025, DigitalCoinPrice predicts that the price of the ETC token could range from $15.32 to $37.50 and could maintain an annual average of $32.65. CoinCodex predicts that the ETC token could trade in the price channel of $16.95 to $46.26 in 2025.
While the general sentiment in the financial market is that 2025 will be a bull year, it is important to understand that this prediction could also be wrong. BTC has surpassed the $100,000 mark and it is possible that it will peak in this bull cycle. Therefore, you should do your research before investing in ETC or any other cryptocurrency with the hope of profiting from your investment by 2025.
Price Prediction for 2030
According to CoinCodex's price prediction for Ethereum Classic for 2030, the price of ETC could range from $5.15 to $14.52. DigitalCoinPrice expects the price of ETC to rise to $81.01 and $92.01 by the end of 2030.
Before believing any sources trying to predict the price of ETC for 2030, you should understand that this is a cryptocurrency and like all other tokens, the price of the ETC token can be highly volatile.
The year 2030 is still five years away and many cryptocurrencies may become obsolete during that time. This is why it is very difficult to make realistic price predictions for any token, including ETC.
A great way for ETC to survive in these five years and continue to grow in the cryptocurrency market is to keep building blockchain technology and collaborating with key companies in the digital cryptocurrency space.
You should research and stay updated on the latest developments in the coming years to make informed investment decisions regarding the ETC token.