¥119.30
-¥3.6207 (3.03%) over 24h
24-Hour Price Range
¥117.95 – ¥124.30 (Low – High)
52-Week Price Range
¥114.22 – ¥315.25 (Low – High)
Overview
What Is Ethereum Classic (ETC)?
Ethereum Classic is a proof-of-work blockchain with smart contract functionality, enabling developers to build decentralized applications (DApps). Its native cryptocurrency is ETC. Born in 2016, Ethereum Classic emerged from a ideological split in the Ethereum community following the DAO hack event.
How Does Ethereum Classic (ETC) Work?
The Ethereum blockchain and its token Ether (ETH) launched in 2015. In 2016, a decentralized autonomous organization (DAO) called The DAO raised $150M in ETH during a crowdfunding campaign. Shortly after, a hacker exploited a smart contract vulnerability, stealing a significant portion of the funds.
The Ethereum community split over how to respond:
- ETH proponents voted for a hard fork to recover stolen funds.
- ETC supporters upheld "code is law," rejecting the fork and continuing the original chain.
👉 Learn more about Ethereum Classic's philosophy
Ethereum (ETH) vs. Ethereum Classic (ETC)
| Feature | Ethereum (ETH) | Ethereum Classic (ETC) |
|----------------|-----------------------------|-----------------------------|
| Consensus | Transitioned to Proof-of-Stake | Remains Proof-of-Work |
| Philosophy | Supports governance-led changes | Adheres to immutability |
| Use Cases | Dominant DeFi/NFT platform | Focuses on decentralized governance |
Ethereum Classic Price Today
ETC’s price fluctuates against USD and CNY. This page provides:
- Real-time ETC/USD and ETC/CNY rates.
- Market capitalization and trading volume.
- Historical performance (52-week highs/lows).
Is ETC a good investment? Conduct your own research based on risk tolerance and market trends.
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ETC Key Metrics
| Metric | Value |
|----------------------|--------------------|
| Market Cap | ¥179.24B |
| 24H Volume | ¥25.41B |
| Circulating Supply | 150M ETC |
| Total Supply | 210M ETC |
| YTD Return | -34.16% |
Price Snapshot (24h):
- Open: ¥122.92
- High: ¥124.30
- Low: ¥117.95
FAQ
1. Why did Ethereum Classic split from Ethereum?
ETC maintained the original chain post-DAO hack, rejecting Ethereum’s hard fork to recover stolen funds.
2. Is Ethereum Classic a good long-term investment?
Dependent on market conditions. ETC’s PoW model and niche community offer unique value but face competition from ETH.
3. Where can I buy ETC?
ETC is available on major exchanges like OKX, Binance, and Coinbase.
4. What’s the difference between ETC and ETH?
ETC retains PoW and immutability; ETH transitioned to PoS and prioritizes scalability.
5. How does ETC’s supply compare to ETH?
ETC has a fixed supply cap (210M), while ETH’s supply is inflationary post-Merge.
Disclaimer: Crypto investments carry risks. This content is for informational purposes only.