16h ago
Ethereum Classic — Between Legacy and Lifeline
Ethereum Classic ( $ETC ) — the chain that never forked — continues to hold its ground as the original Proof-of-Work Ethereum, with a hard-capped supply of 210.7M tokens.
Current price: $15.70
For years, $ETC has survived on its core ethos — “Code is Law.”
But its future now hinges on one defining upgrade: Olympia.
Olympia would channel gas fees into a DAO-controlled treasury, creating a self-funded ecosystem.
If executed well, every transaction could power new development, client upgrades, and stronger security — transforming ETC from a frozen relic into a living, self-sustaining network.
Still, challenges run deep.
A history of 51% attacks continues to cloud its security reputation, and the loss of USDT support in 2025 dealt a major liquidity blow.
Developer activity remains thin, leaving the chain at risk of stagnation.
Right now, $ETC stands at a crossroads — revival or irrelevance.
If Olympia succeeds, it could mark the rebirth of one of crypto’s oldest chains.
If not, it may remain the smartest proof that ideology alone can’t sustain adoption.
$ETH
@EdgenTech
2.86K
1
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.