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Ethereum Classic (ETC): Price Prediction For 2025

Crypto Writer Jared By Jared Kirui Oct 29, 2022 #Ethereum (ETH)
Ethereum Classic (ETC) Price Prediction 2025

✍️ 29 October, 2022 – 6:48 👤 Editor: Jakub Motyka

Ethereum Classic (ETC) is a smart contract blockchain that separated from the Ethereum mainnet in 2016 after a security breach – The DAO hack. The hack forced the Ethereum developers to split on how to address the security breach. One side demanded that the blockchain should be rebooted to delete it, while another thought it was unnecessary.

The group that opposed the rebooting to the blockchain renamed to Ethereum Classic, while that which adopted it became Ethereum. Ideally, Ethereum Classic is the original Ethereum. The network comprises a blockchain ledger, native ETC tokens, and smart contract (autonomous blockchain programs) capability.

ETC Price Outlook: What Is The Price Prediction For 2025?

Currently, Ethereum Classic (ETC) is exchanging for $24.5, representing a 13% increase in the last week and a 3% decline in the daily outlook. The token ranks #23 with a market valuation of $3 billion. So, what is the price prediction for 2025 in ETC?

Ethereum Classic (ETC)Source: CCNull
Ethereum Classic (ETC) was born as a smart contracts platform ‘divorced’ with Ethereum in 2016.

According to the experts’ analysis, ETC could rise as high as $77 by 2025. Informing the sentiment is the historical price trend and the fundamental aspects of the blockchain. One of them is the recent Ethereum merge to proof of stake consensus, also referred simply as ‘The Merge’, which strengthened Ethereum Classic’s dominance as a proof of work blockchain.

During the run-up to the Merge, the network (Ethereum Classic) recorded an influx of crypto miners ditching the Ethereum network to continue with their mining business on the former.

DeFi, Security, And Token Supply: Can ETC Price Prediction For 2025 Hold?

Despite the total value locked (referring to the cumulative value of the assets in a DeFi protocol) in the Ethereum Classic at $549,036, comparable to Ethereum’s $58 billion, that could change due to an increasing crypto adoption.

Ethereum Classic ETC Price Graph Last Year October 29, 2022
Price graph of Ethereum Classic (ETC) during the last year until today, October 29, 2022.

Ideally, TVL represents the network’s activity. Blockchains with a higher TVL are more secure because attackers cannot easily take control of the computing power.

Lastly, Ethereum Classic (ETC) has a limited supply of 210 million, unlike its counterpart, Ethereum. How this can pump the price to $77 by 2025 – as the demand for the token goes up, so will the price of ETC, based on demand and supply.

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EN: Jared Kirui is an experienced financial writer with a passion for all things blockchain technology. Previously, he was into stock markets and forex, providing asset managers with top-notch content. With a flair for producing high-quality articles, he started covering crypto news in 2021. He is open-minded, trades for fun, and enjoys sports.

ES: Jared Kirui es un escritor financiero experimentado apasionado por todo lo relacionado con la tecnología blockchain. Anteriormente, estuvo en los mercados bursátiles y forex, brindando a los administradores de activos contenido de primer nivel. Con un don para producir artículos de alta calidad, comenzó a cubrir noticias crypto en 2021. Tiene una mente abierta, comercia por diversión y disfruta de los deportes.
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Image sources:

  • ethereum-classic-etc: CCNull
Crypto Writer Jared

By Jared Kirui

EN: Jared Kirui is an experienced financial writer with a passion for all things blockchain technology. Previously, he was into stock markets and forex, providing asset managers with top-notch content. With a flair for producing high-quality articles, he started covering crypto news in 2021. He is open-minded, trades for fun, and enjoys sports. ES: Jared Kirui es un escritor financiero experimentado apasionado por todo lo relacionado con la tecnología blockchain. Anteriormente, estuvo en los mercados bursátiles y forex, brindando a los administradores de activos contenido de primer nivel. Con un don para producir artículos de alta calidad, comenzó a cubrir noticias crypto en 2021. Tiene una mente abierta, comercia por diversión y disfruta de los deportes.

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