ETC · the original proof-of-work Ethereum chain, mined and hard-capped.
ETC is the coin of Ethereum Classic, the original proof-of-work Ethereum chain — ~156.6M circulating against a hard cap of ~210.7M, with no premine unlocks, no buyback and no burn. New ETC comes only from mining.
Sell pressure. Mining adds ~0.97M ETC over the next 90 days, down from ~1.18M last quarter as a 20% reward cut lands mid-window.
Buy pressure. Zero — no buyback, no burn, no foundation. Nothing removes ETC from supply.
Net. About +0.62% to market over the next 90 days — supply keeps creeping up, a little slower after the reward cut.
- Block reward steps down 20% (5M20 schedule)reward −20%~Jul 22 2026 · less new ETC per block
New ETC is mined every block and paid straight to miners — about 1.18M over the last 90 days at the current 2.048 ETC per block. Under the built-in 5M20 schedule the reward steps down 20% around Jul 22 2026, so the next 90 days mint less, around 0.97M.
Ethereum Classic has no premine, ICO or team vesting — it inherited the genesis chain, which fully circulates, so no locked allocation can reach the market.
There is no foundation or insider token treasury behind Ethereum Classic — development is donation-funded, not backed by a pre-allocated ETC stash. No public evidence of a discretionary release in the window — monitored.
No bankruptcy estate or court-ordered distribution applies to Ethereum Classic.
Ethereum Classic has no protocol buyback — there is no treasury or revenue routed to buy ETC back from the market.
Ethereum Classic never adopted a base-fee burn — transaction fees are paid to miners, not destroyed. A proposed Olympia upgrade would add an EIP-1559 burn late in 2026, but it is not live in this window — monitored.
No foundation or treasury exists to buy ETC on the open market — monitored.
Ethereum Classic is proof-of-work with no staking or lockups — there is no mechanism to lock ETC out of circulation.
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