$ETH As of May 16, 2025, Ethereum Classic (ETC) is trading at approximately 19.21, reflecting a modest increase amid a dynamic cryptocurrency market.

Recent analyses suggest a bullish outlook for ETC. CoinCodex predicts a potential rise to23.38 in the near term, indicating a 40% increase. [1] Some analysts even forecast ambitious targets, with projections reaching up to $7,037 by the end of 2025, citing factors like rising hash rates and potential Ethereum interoperability. [2]

Ethereum Classic has solidified its position as the leading proof-of-work smart contract platform, especially after Ethereum's transition to proof-of-stake. The network's hash rate has surpassed 300 terahashes per second, indicating increased miner participation and enhanced security. [3]

While the broader cryptocurrency market experiences fluctuations, ETC's recent performance and technical indicators suggest potential for continued growth. Investors are advised to monitor market trends and conduct thorough research when considering ETC as part of their investment portfolio.