Ethereum Classic

ETC · Layer-1
Checked
Oct 18 2026
The big picture
4 / 10Total score0510
Supply + DemandMax. 10
Hold ETC? We'll warn you first.
Free · 2 coins

Coming next

No single dated event in the next 90 days.

Metric 1 of 3

ETC · Coin Supply

Miners get new ETC every block. Nothing burns it.

2.5 / 5Moderate
Age11 yearssince Jul 2015
Unlocked100%of total supply
Last 90 days+0.60%new supply
Next 90 days+0.59%estimate

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.

Inflation
Last 90 Days
+0.60%
checked · Oct 14 2026
Net flow: 0.60% of supply goes to market over 90 days
Next 90 Days
+0.59%
estimate
Net flow: 0.59% of supply goes to market next 90 days
Supply growing · projected to keep growing
Sell pressure
1. Protocol inflation
~960.3K ETC

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.

checked · Oct 14 2026
2. Vesting unlocks
0

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.

checked · Oct 14 2026
3. Foundation + unscheduled unlocks
0

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.

checked · Oct 14 2026
4. Long-term locked or bankruptcy
0

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.

checked · Oct 14 2026
Buy pressure
1. Programmatic buyback
0

Nothing buys ETC back. Transaction fees go to miners.

checked · Oct 14 2026
2. Protocol fee burn
0

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.

checked · Oct 14 2026
3. Foundation buy
0

There is no treasury or foundation buying ETC.

checked · Oct 14 2026
4. New long-term lock
0

ETC is proof of work, so there is no staking lock. No new lock-up of ETC was announced in the window.

checked · Oct 14 2026
Supply check · sell, buy & net
 
Last 90D
Next 90D
Sell total (M ETC)
0.960
0.942
Buy total (M ETC)
0.000
0.000
Sell % of circ
+0.605%
+0.594%
Buy % of circ
0.000%
0.000%
Net inflation %
+0.605%
+0.594%
Circulating supply: 158.767M ETC
Read the full Inflation Analysis
ETC: miners get new coins every block, and nothing takes any out.
Long-form mechanism walk. ~5 min.
Metric 2 of 3

ETC · Coin Demand

Two sides: how much people want ETC right now, and how much buying could come later.

1.5 / 5Very weak

Current demand0.5 / 2.5

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.

ETC on social mediaIts rank among the 110 coins we follow · last 12 months · #1 = most talked about
#91 · Oct 14 2026

Today, people are talking about ETC for one reason:

  1. 1
    ETC fell about 6% with the market after hot US inflation data.

    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

Metric 3 of 3

ETC · Price DriversBeta

The few things that can move ETC's price that supply and demand miss.

1 · Grayscale ETC pile

Quiet
Trust becomes an ETF → price upTrust sells ETC → price downnow
Grayscale ETCG
10.51111.5122025202610.8M ETC
10.51111.5122025202610.8M ETC

Grayscale's trust holds about 10.9M ETC, slowly shrinking from fees.

Data
DateGrayscale ETCG
Sep 30 202511.1 M ETC
Dec 31 202511 M ETC
Mar 31 202610.9 M ETC
Jun 30 202610.9 M ETC
Checked Oct 14 2026

2 · Mining power

New
More mining power → price upMiners leave → price downnow
Network hashrate
0100200300400202420252026Reward cut-25% in 1 day150TH/s
0100200300400202420252026Reward cut-25% in 1 day150TH/s

Mining power fell about a third since Oct 6 2026.

Data
DateNetwork hashrate
Jul 31 2026165 TH/s
Aug 31 2026186 TH/s
Sep 30 2026182 TH/s
Oct 18 2026150 TH/s
Checked Oct 14 2026

3 · Client fight

New
One agreed upgrade path → price upRogue code or split → price downnow
  1. Jul 4 2025Olympia plan published
  2. Dec 8 2025New client Fukuii tested
  3. Dec 16 2025Fee market debate
  4. Sep 14 2026Rogue v1.13.0 released
  5. Sep 15 2026Pools roll back
  6. Sep 16 2026Classix warning report
  7. Today
    No date yetOlympia on mainnet

A rogue node release on Sep 14 2026 split ETC developers.

Data
DateWhat happened / what is coming
Jul 4 2025Olympia plan published
Dec 8 2025New client Fukuii tested
Dec 16 2025Fee market debate
Sep 14 2026Rogue v1.13.0 released
Sep 15 2026Pools roll back
Sep 16 2026Classix warning report
No date yetOlympia on mainnet (coming)
Checked Oct 14 2026

Should you buy ETC? Questions about ETC

Is Ethereum Classic worth buying now?

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.

Why is Ethereum Classic going 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.

Is Ethereum Classic dead?

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.

Is $100 possible for Ethereum Classic?

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.

Should I sell my Ethereum Classic now?

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.

Is Ethereum Classic a good long-term investment?

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.

What is the best time to invest in Ethereum Classic?

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 ▼.

Will Ethereum Classic go up? What could move its price?

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.

Is Ethereum Classic a better investment than Bitcoin?

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 →

How does MrNasdog judge every coin, and why is +0.59% shown in red?

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.

What do Watch ETC alerts cover?

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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