$ETC Ethereum Classic (ETC) Upcoming Updates: Advancing Network Stability and DeFi Growth
Ethereum Classic (ETC) continues to carve its niche as a proof-of-work blockchain, with recent updates signaling a strong focus on network stability and decentralized finance (DeFi) expansion. The Olympia Upgrade, implemented in May 2025, introduced EIP-1559, which burns a portion of transaction fees to reduce ETC’s supply growth, potentially increasing its value over time. Additionally, the launch of a decentralized treasury and governance DAO aims to attract developers and ensure long-term funding stability. These enhancements, coupled with a technical breakout targeting a price of $127.65, reflect bullish momentum and growing optimism among investors, despite challenges like miner centralization and ETF outflows. The network’s commitment to immutability and security remains a cornerstone, positioning ETC as a competitive smart-contract platform.Further bolstering ETC’s ecosystem, the community is actively fostering DeFi innovation through the ETC Grants DAO, which recently funded two new stablecoin projects: ECSD, a decentralized stablecoin by Djed Alliance, and ERUSD, inspired by MakerDAO’s DAI. Each project received 1,000 ETC in milestone-based grants, highlighting the network’s push to expand its DeFi offerings. Posts on X also indicate upcoming community engagement initiatives, including a potential livestream and content focused on ETC’s security features, aimed at re-energizing the community. These developments underscore Ethereum Classic’s strategic efforts to enhance its utility and adoption, making it a blockchain to watch in the evolving crypto landscape.
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