The price of Ethereum Classic (ETC) is at around 25.14 USD. Ethereum Classic currently has a total supply of 210.7 million ETC, of which approximately 147.52 million ETC are in circulation. With a market capitalization of around $3.7 billion, ETC is ranked 26th in popularity among cryptocurrencies.
Ethereum Classic was born after the 2016 DAO attack, which led to the split of the original Ethereum blockchain into two chains: Ethereum (ETH) and Ethereum Classic (ETC). Unlike Ethereum, which has switched to the Proof-of-Stake (PoS) mechanism, Ethereum Classic still maintains the Proof-of-Work (PoW) mechanism.
Over the past 24 hours, ETC's trading volume was approximately $169.42 million, down 0.77% from the previous day. Compared to last week, ETC price has decreased by 4.17%.
Ethereum Classic still maintains the "Code is Law" philosophy, different from current Ethereum. However, both platforms support smart contracts and dApps, although Ethereum Classic is not compatible with Ethereum upgrades after The Merge.