ETC
ETC

Ethereum Classic price

₺732.40
-₺39.5573
(-5.13%)
Price change for the last 24 hours
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Ethereum Classic market info

Market cap
Market cap is calculated by multiplying the circulating supply of a coin with its latest price.
Market cap = Circulating supply × Last price
Circulating supply
Total amount of a coin that is publicly available on the market.
Market cap ranking
A coin's ranking in terms of market cap value.
All-time high
Highest price a coin has reached in its trading history.
All-time low
Lowest price a coin has reached in its trading history.
Market cap
₺111.41B
Circulating supply
152,032,180 ETC
72.15% of
210,700,000 ETC
Market cap ranking
34
Audits
CertiK
Last audit: Jun 8, 2021, (UTC+8)
24h high
₺774.30
24h low
₺720.26
All-time high
₺7,049.42
-89.62% (-₺6,317.02)
Last updated: May 7, 2021, (UTC+8)
All-time low
₺122.04
+500.12% (+₺610.36)
Last updated: Mar 13, 2020, (UTC+8)

Ethereum Classic Feed

The following content is sourced from .
Maria J
Maria J
Eth is a name that gives holders headaches every season. And especially this season, Eth is the game of the big players. Just like Btc in the 2017-2018 period when the big players hadn't entered the game, small investors could still make money. But now, with the big players and organizations buying up, even if Btc goes up to $200k, investors still lose money. That's how Eth is, if you understand it, you can make money. Maria will still accumulate more Eth, sitting back and waiting for a beautiful day to take profits.
Thế Khương 🐸
Thế Khương 🐸
The SUI case could set a precedent for revisiting "the DAO" case. ETH holders should be cautious and reanalyze which truly represents the "philosophy of decentralization" between ETH and ETC. The SUI case's ability to freeze hacker accounts reminds me of the 2016 ETH hack, after which Vitalik and a group of developers decided to split into ETH and ETC amidst community disagreement. Looking back, ETC (Ethereum Classic) is the original version that upholds the blockchain philosophy of Ethereum. Meanwhile, ETH is the version created to rescue the Ethereum Foundation and major investors. After many years, ETH's "limited development potential" stems from the DAO case. This is clearly reflected in this cycle, where ETH cannot follow BTC's price trajectory (Bitcoin still maintains the spirit of complete decentralization). I firmly believe the ETH-ETC story will continue to be told, especially during the Trump era. Through cases like Ross Ulbricht and Tornado Cash, you can fully understand Trump's stance on cryptocurrency: He emphasizes complete decentralization and freedom in this market. The fork action proves that if a group with significant influence (like Vitalik and the Ethereum Foundation) exists, they can reverse blockchain history => a dangerous precedent for the "non-intervention" philosophy of blockchain. If blockchain transactions can be altered, how can investors trust that their digital assets are protected by immutable rules? For ETH investors who value blockchain philosophy, consider carefully between ETH and ETC to determine which truly represents decentralization. There are two approaches: Allocate a portion to ETC or be more cautious by reducing your ETH portfolio.
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23.63K
35
ETC Cooperative
ETC Cooperative
ETC Proof of Work Course: 33. The Meaning of Finality in POW #ETC #EthereumClassic #POW #CodeIsLaw
2.66K
0
c-node (normie)
c-node (normie)
DAO hard-fork was zero politics, just pure market forces. if you disagreed with it, there's a token you can buy called ETC. you still have that option to this day.
3.18K
0
TechFlow
TechFlow
By Alex Liu, Foresight News Cetus, the largest decentralized AMM exchange in the Sui ecosystem, was stolen more than $200 million by attackers yesterday due to numerically accurate code issues. Two hours after the theft, Cetus posted, "To date, it has been confirmed that an attacker stole approximately $223 million from the Cetus protocol, and the team has taken action to lock the contract to prevent further theft of funds, freezing $162 million in stolen funds. We are currently working with the Sui Foundation and other ecosystem members to develop the next step in the solution, with the goal of recovering the remaining stolen funds. Most of the affected funds have been suspended, and we are actively pursuing ways to restore the remaining funds. A full incident report will be released at a later date." It is important to note that the term "freeze" is used here, not "clawback". In other words, it is unknown whether this money will be able to be used to compensate the damaged users. And Sui officially explained the process in more detail. Except for the hacker's cross-chain to the Ethereum mainnet and exchanged for more than 20,000 ETH (about $60 million), most of the stolen funds are still in the hacker's Sui Chain address. The "freezing" of this part of the assets is essentially a joint "censor" of Sui's validators - everyone agreed to ignore him. Objectively speaking, this violates the guidelines of "censorship resistant" in the decentralized world, which is a centralized operation and has caused great controversy in the community. And how do you get this money back after it is "frozen"? Sui Lianchuang mentioned that the recovered funds will be put back into the Cetus liquidity pool, based on the premise that the money can be returned. To put it simply: "freezing" is to make the hacker's signature on the Sui chain invalid, the transaction cannot be uploaded to the chain, and the funds are trapped in the address; Then the "recovery" requires the transfer of the assets in his address without the signature of the hacker. Is it possible? In fact, Solayer engineer Chaofan says that the Sui team is already asking every validator on Sui to deploy a piece of fix code so that they can "recover" the money without the attacker signing it. This is clearly centralized, and has provoked a larger debate in the community — assets can be transferred from the address without your signature. (Note: Sui validators reported that they did not receive a "request", and Chaofan later said that Sui validators have not deployed the relevant code at this time.) ) However, this is obviously a special case of last resort, indicating that the current decentralization of Sui has a "switch" in emergency situations. Sui is able to do this because there are only a few validators in the early 100s, and most of the validators are well-connected institutions with the Sui Foundation, which is easy to coordinate. (Sui validators need to stake their own or attract more than 10 million SUI tokens, which is usually only available to institutions.) ) The author supports such an approach. Cetus is the largest decentralized AMM exchange on Sui, and the liquidity pool is the savings and survival funds of countless people. At the same time, the main liquidity pools of many Sui project tokens are deployed on Cetus, and the withdrawal of liquidity is an unbearable loss for these ecological projects. It can be said that getting this money back is a necessary protection for the Sui DeFi ecosystem, which was thriving but far from mature. If we would rather let all this be ruined in order to adhere to the dogma of "decentralization", it seems to belong to the fundamentalism of choosing to stick to ETC (Ethereum Classic) after the hard fork of The DAO on Ethereum. The author agrees with the following view: decentralization is the goal, not the starting point. At this stage, if I were to pursue the ultimate decentralization, I would choose to use Ethereum. And now I'm happy that Sui was able to help recover the funds of users who were compromised in Cetus. Sui on Bucket Protocol founder's reflections on the event
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28.99K
3
Wolf 🐺
Wolf 🐺
As usual, it’s Tuesday and @yiedlai is back with its top winners of the week. 🧐
YIEDL
YIEDL
🚨 New AI Strength Index just dropped on ! Ready to crush the week? Let the AI guide you. 🔥 Top tokens: $SOL, $XRP, $BNB, $ETC, $XLM ❄️ Bottom tokens: $FXS, $BONK, $TOKEN, $APE, $CVB. 📅 New week. New edge. New AI agents. Good trading.👉 – Don’t follow the herd. Outsmart it.
182.4K
14

ETC calculator

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Ethereum Classic price performance in TRY

The current price of Ethereum Classic is ₺732.40. Over the last 24 hours, Ethereum Classic has decreased by -5.12%. It currently has a circulating supply of 152,032,180 ETC and a maximum supply of 210,700,000 ETC, giving it a fully diluted market cap of ₺111.41B. At present, the Ethereum Classic coin holds the 34 position in market cap rankings. The Ethereum Classic/TRY price is updated in real-time.
Today
-₺39.5573
-5.13%
7 days
+₺8.6164
+1.19%
30 days
+₺87.7309
+13.60%
3 months
-₺80.2895
-9.88%

About Ethereum Classic (ETC)

3.7/5
CyberScope
4.4
04/16/2025
TokenInsight
2.9
02/09/2023
The rating provided is an aggregated rating collected by OKX TR from the sources provided and is for informational purpose only. OKX TR does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX TR does not guarantee any return, repayment of principal or interest. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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    By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates ("OKX TR") are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.

Ethereum Classic is a decentralized smart contract-enabled network that aims to become a global payment system. Originating from the Ethereum (ETH) network, Ethereum Classic uses the Proof of Work (PoW) consensus mechanism and supports decentralized applications (dApps).

Ethereum Classic emerged after a split of the original Ethereum blockchain due to a 2016 attack on the first-ever decentralized autonomous organization (DAO), dubbed The DAO. The attacker exploited a flaw in The DAO's code and made off with $50 million worth of ETH at the time.

In the aftermath of the attack, 97 percent of the Ethereum community voted to create a hard fork to undo the malicious transactions and restore the blockchain to its pre-hack state. The hard fork, therefore, bailed out the victims of the attack.

Although a vast majority voted for the hard fork, a few community members disagreed due to philosophical and ideological differences. They argued that blockchains should be immutable, meaning that transactions cannot be reversed, upholding the "code is law" ethos.

After the hard fork, the old Ethereum chain was supposed to be phased out, but those who disagreed with the fork kept the network alive. This led to the genesis of Ethereum Classic, with ETC as its native token. Although ETH and ETC initially shared several similarities, the two networks have grown far apart regarding technological features.

Like Ethereum before its transition to Proof of Stake (PoS), Ethereum Classic utilizes the PoW consensus mechanism that Bitcoin first introduced. PoW enables a miner-based validation and emission system where participants are incentivized to confirm that new transactions do not contradict or invalidate the data existing on the blockchain.

In addition to the peer-to-peer (P2P) transactions that Ethereum Classic enables, it also offers smart contract functionality. As such, it is possible to host tokens and build dApps on the ETC blockchain. In other words, applications launched on Ethereum Classic can issue and manage their native tokens. This system is similar to the Ethereum blockchain.

ETC functions as the payment currency of the blockchain. It can be used to pay for fees, particularly when executing smart contract-enabled applications or transferring Ethereum Classic-based tokens. ETC also anchors the mining economy of the Ethereum Classic ecosystem. The network rewards miners with ETC whenever they add a block of transactions to the blockchain.

ETC price and tokenomics

Unlike most cryptocurrencies, ETC did not emerge via a public sale or other means of crypto funding. Instead, it was created due to a changing Ethereum landscape that birthed two independent blockchains.

After the split, the Ethereum Classic decided to implement some core changes in the emission system of ETC as part of the plans to solidify its status as an independent blockchain. After reaching a consensus on implementing an ETC monetary policy, the development team launched the Gotham update in December 2017. This update put a cap on the supply of ETC.

While there was no official maximum limit for ETC's total supply before the Gotham update, its implementation restricted the number of ETC that can exist to 210.7 million tokens. Also, the emission rate of ETC was modified such that the block reward reduces by 20 percent at every 5 million block intervals.

This move established ETC as a deflationary asset. The emission rate is designed to shrink over time in the hopes that its supply will gradually fall below the demand and boost the token's value.

The ETC emission reduction protocol implemented the first block reward slash on the same day the network deployed the Gotham update. As a result, the block reward awarded to miners was reduced from 5 ETC to 4 ETC.

In March 2020, the second ETC reduction event slashed block reward by another 20 percent to 3.2 ETC. In April 2022, another 20 percent block reward slashing (from 3.2ETC to 2.56 ETC) was implemented. Based on the 5 million block emission schedule, the next reward reduction event will occur in 2024.

About the founders

Ethereum Classic is the sister blockchain to Ethereum, as they both originate from the Ethereum blockchain initially launched in 2015.

In 2016, following the establishment of Ethereum's smart contract functionality, a protocol named The DAO emerged as the first-ever decentralized autonomous organization. The DAO was supposed to allow participants to pool capital and jointly decide on the projects they would support.

Due to the novelty of The DAO and the perceived viability of its use case, it raised $150 million worth of ETH during its crowdsourcing campaign. Unfortunately, there was a vulnerability in The DAO's smart contract.

Following the security incident that threatened the reputation of the original Ethereum blockchain, a majority of Ethereum developers and stakeholders opted to move to a forked or upgraded blockchain where the hack's impact would be eliminated. However, some miners and users decided to stay on the original Ethereum blockchain, which later transformed into the Ethereum Classic network.

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Ethereum Classic FAQ

Can I stake ETC tokens?

There is no staking infrastructure on Ethereum Classic as the blockchain favors a mining-based system for validating transactions. Hence, it is only possible to stake ETC if a third-party solution offers staking or yield-generating services for ETC. For instance, you can earn interest when you subscribe to the ETC staking plans on OKX TR Earn, available in both flexible and fixed terms.

What is the total supply of ETC?

Unlike Ethereum, which has no supply limit, ETC supply is limited to 210.7 million tokens. This is because ETC has adopted a deflationary approach where the scarcity of tokens over time is expected to drive up ETC prices.

When is the next Ethereum Classic block reward reduction schedule?

The emission reduction schedule of ETC initiates after 5 million blocks have been added to the blockchain. The upcoming block reward reduction will occur sometime in the third quarter of 2024.

Where can I buy ETC tokens?

Easily buy ETC tokens on the OKX TR cryptocurrency platform. Available trading pairs in the OKX TR spot trading terminal include ETC/USDT, ETC/USDC and ETC/BTC.

You can also buy ETC with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Tether (USDT), and USD Coin (USDC), are also available.

Alternatively, you can swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for ETC with zero fees and no price slippage by using OKX TR Convert.

To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into ETC, visit the OKX TR Crypto Converter Calculator. OKX TR's high-liquidity crypto exchange ensures the best prices for your crypto purchases.

How much is 1 Ethereum Classic worth today?
Currently, one Ethereum Classic is worth ₺732.40. For answers and insight into Ethereum Classic's price action, you're in the right place. Explore the latest Ethereum Classic charts and trade responsibly with OKX TR.
What is cryptocurrency?
Cryptocurrencies, such as Ethereum Classic, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Ethereum Classic have been created as well.
Will the price of Ethereum Classic go up today?
Check out our Ethereum Classic price prediction page to forecast future prices and determine your price targets.

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Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX TR does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX TR. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates (“OKX TR”) are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.

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