Ethereum Classic (ETC) is trading at $17.43, reflecting a notable weekly drop of 7.21% but a monthly gain of 9.02%. Following its recent Olympia upgrade that introduces EIP-1559 fee reforms, the cryptocurrency is positioning itself for what some analysts predict could be a significant rise in price. This upgrade aims to create a deflationary model by burning base fees and implementing a decentralized governance structure through the Olympia Treasury and DAO.
Forecasts for Ethereum Classic predict a target of $55 by 2025 under favorable conditions, while the average price may hover around $40.50 if the market faces challenges. Progressively, estimates suggest that in 2026, ETC could range from $48.12 to $64.80. Looking further ahead, predictions indicate that by 2030, the price may exceed $100, aiming for a high of $158.75 at year-end with an average around $133.48.
"If the network sees initiatives with increased adoption, the price of ETC could soar to a maximum of $55 by year-end," according to analysts. Yet, if there is insufficient momentum, concerns remain about the potential to drop to $26.
As such, the outlook for Ethereum Classic is decidedly mixed, hinging on broader market trends and ongoing developments within the network.
Forecasts for Ethereum Classic predict a target of $55 by 2025 under favorable conditions, while the average price may hover around $40.50 if the market faces challenges. Progressively, estimates suggest that in 2026, ETC could range from $48.12 to $64.80. Looking further ahead, predictions indicate that by 2030, the price may exceed $100, aiming for a high of $158.75 at year-end with an average around $133.48.
"If the network sees initiatives with increased adoption, the price of ETC could soar to a maximum of $55 by year-end," according to analysts. Yet, if there is insufficient momentum, concerns remain about the potential to drop to $26.
As such, the outlook for Ethereum Classic is decidedly mixed, hinging on broader market trends and ongoing developments within the network.
