Previous Close | 39.54 |
Open | 39.54 |
Day's Range | 33.89 - 39.58 |
52 Week Range | 12.60 - 77.07 |
Start Date | 2016-07-24 |
Algorithm | N/A |
Market Cap | 4.824B |
Circulating Supply | 136.44M |
Max Supply | N/A |
Volume | |
Volume (24hr) | 1.96B |
Volume (24hr) All Currencies | 1.96B |
“Based on the fundamentals, it's unlikely Ethereum Classic has any long-term viability,” Messari wrote in a report.
Ethereum’s long-awaited transition from a proof-of-work to proof-of-stake-based consensus system is just over the horizon, and the anticipation has created a bullish narrative for the smart-contract platform. On July 27, a longtime Ethereum investor and miner named Chandler Guo tweeted “ETH PoW coming soon”: a declaration, in brief, that Guo would lead his fellow miners to continue supporting the current proof-of-work based Ethereum chain after the system change known as the Merge. There are some rational arguments for a continued ETH PoW chain, and it would certainly be a fascinating experiment if it goes forward.
The latest price moves in crypto markets in context for July 29, 2022.