1 · Grayscale ETC pile
QuietGrayscale's trust holds about 10.9M ETC, slowly shrinking from fees.
Data
| Date | Grayscale ETCG |
|---|---|
| Sep 30 2025 | 11.1 M ETC |
| Dec 31 2025 | 11 M ETC |
| Mar 31 2026 | 10.9 M ETC |
| Jun 30 2026 | 10.9 M ETC |
No single dated event in the next 90 days.
Miners get new ETC every block. Nothing burns it.
ETC runs Ethereum Classic, a proof-of-work chain: 158.77M coins circulate, all of them unlocked. Miners are paid in new ETC, and nothing is burned.
Sell pressure. Mining pay is the only new supply: 960,257 ETC in 90 days. The pay per block fell 20% on Jul 22 2026, so the next 90 days bring about 942,365 ETC. Nothing vests.
Buy pressure. No burn, no buyback and no staking lock: buy pressure is 0.
Net. Net, supply grows about 0.60% in 90 days, and 0.59% next.
Miners are paid in new ETC for every block, plus a small extra for stale 'uncle' blocks. The pay per block fell 20% on Jul 22 2026, from 2.048 to 1.6384 ETC, at block 25,000,001. Counting every block and uncle in the 90 days gives 960,257 new ETC. At the new pay the next 90 days bring about 942,365 ETC, close to 10,500 a day. The next 20% cut comes at block 30,000,001, about two years away.
ETC has no vesting. The coins created at launch in 2015 were free to move from day one, and nothing new is set aside for a team or investors.
No foundation, company or DAO holds a reserve of ETC. Circulating supply is within about 379 ETC of total supply, so nothing sits outside the market waiting to be released. A planned fee vault is only a draft, with no start date.
No bankruptcy estate or trustee is releasing ETC. The largest fund holder reported about 10.85M ETC on Jun 30 2026, bought in the market and already counted as circulating.
Nothing buys ETC back. Transaction fees go to miners.
ETC burns no fees: blocks carry no base fee. Known dead addresses picked up only about 11 ETC in 90 days, a rounding error. A fee-market upgrade is still a draft, and it would send fees to a vault, not burn them.
There is no treasury or foundation buying ETC.
ETC is proof of work, so there is no staking lock. No new lock-up of ETC was announced in the window.
Two sides: how much people want ETC right now, and how much buying could come later.
This part is based on social media. It shows how hot ETC is right now. A better rank means more people are talking about it.
Today, people are talking about ETC for one reason:
US prices rose 3.7% in the year to September in data out on Oct 14 2026, and ETC fell about 6%, to near $8, with no ETC news behind it. It is still up about 11% over 30 days. People ask if ETC has anything of its own to move it, or if it just follows the market.
Checked Oct 15 2026
Based on the law of supply and demand, the long-run signal for Ethereum Classic is negative. As of Oct 18 2026, score 4/10, Ethereum Classic faces +0.59% new supply over 90 days, with demand very weak (1.5/5). Ethereum Classic's price drivers: 0 ▲ price up, 3 ▼ price down.
All three of its drivers point down (Oct 14 2026). Mining power fell about a third since Oct 6 2026, a rogue node release on Sep 14 2026 split its developers, and Grayscale's trust of about 10.9M ETC keeps shrinking from fees. That leaves Ethereum Classic's long-run signal at negative, by supply and demand.
Probably not dead, but it looks weak. ETC is still worth about $1.28B today (Oct 14 2026). Demand reads very weak (1.5/5), and its developers are still waiting for Olympia on mainnet, with no date yet. By supply and demand, Ethereum Classic's long-run signal is negative today.
It would take 12 times today's value: $100 × Ethereum Classic's coins in the market = about $15.9B, against $1.27B now (Oct 18 2026). Ethereum Classic's supply also grows +2.41% in the next year, so every extra coin needs buyers too. By supply and demand, Ethereum Classic's long-run signal is negative today.
Today the signal is negative. Supply and demand would point the other way for Ethereum Classic if new supply keeps arriving (+0.59% in 90 days), or demand falls from very weak, or Grayscale ETC pile and Mining power and Client fight keep pointing down. Next date to watch for Ethereum Classic: No date yet — Olympia on mainnet.
On our framework Ethereum Classic scores 4/10 (Oct 18 2026), with supply 2.5/5 (moderate) and demand 1.5/5. In the next year Ethereum Classic's supply changes +2.41%, so the long-run signal reads negative.
The law of supply and demand points to one window for Ethereum Classic: low new supply, high demand, drivers pointing up. Where Ethereum Classic stands today: +0.59% new supply in 90 days (moderate), demand very weak (1.5/5), drivers 0 ▲ / 3 ▼.
Ethereum Classic has 3 price drivers today (0 ▲ price up, 3 ▼ price down). ▼ Grayscale ETC pile: Grayscale's trust holds about 10.9M ETC, slowly shrinking from fees. ▼ Mining power: Mining power fell about a third since Oct 6 2026. ▼ Client fight: A rogue node release on Sep 14 2026 split ETC developers.
Ethereum Classic reads negative at 4/10; Bitcoin reads positive at 8.5/10 (Oct 18 2026). On supply and demand, Ethereum Classic looks weaker than Bitcoin today.
Every answer here applies basic economic theory — the law of supply and demand — to this coin's data. It is not financial advice. How we read every coin →
We look at two things, half each: supply and demand. Fewer new coins mean less selling pressure. A meme coin scores 1.5 at most on supply: its team got its coins for free, so no new supply does not make it safe. We also show each coin's age, with a warning when it is younger than 1 year. Demand looks at how much people want the coin now and how much buying could come later. Price Drivers (Beta) are the 2 or 3 things that can move one coin's price that supply and demand miss; they have no score. ETC supply grows +0.59% in the next 90 days, so it shows in red: more ETC reaches the market than is removed. Zero or falling supply is always green, any growth is red.
One email before each big supply event, and the day our verdict changes. Nothing else. You can watch 2 coins for free.
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