Cryptocurrency
Prospects for Ethereum Classic. Why the cryptocurrency rose in price

Experts talked about investing in ETC and assessed the likelihood of miners switching to mining “classic” Ethereum. Based on the information below, you will be able to understand whether ethereum classic is a good investment or not.
Is ethereum classic a good buy?
Is ethereum classic a good buy? The cryptocurrency Ethereum Classic (ETH) is showing significant growth, having risen by 45% in the last month alone. On July 28, the rate of ETH reached $34, gaining more than 23% in one day. Ethereum Classic is currently ranked 20th in cryptocurrency capitalization at $4.61 billion with a daily trading volume of $5.26 billion.
The ethereum classic chart’s rise began after the announcement that the network would switch to a new operating protocol (Proof-of-Stakes) at the end of September. This transition will mean the end of ETH mining. Due to this event, and because the blockchain uses the same mining algorithm, ETH miners may start switching to ETC.
ETC appeared in 2016 because of the hard fork of the main Ethereum network. The reason for the blockchain branching was the hacking of The DAO investment project and the theft of about 3.6 million Ethereums from it, which amounted to about $60 million at the time (at the rate of July 28, 2022 – $5.76 billion). The developers of the Ethereum Foundation project have done a blockchain split to make up for the losses.
After the hardfork, the old network and cryptocurrency were renamed. The classic cryptocurrency community approved the basic principles of the altcoin, such as keeping the blockchain in its original form and decentralized. The project was first supported by major mining pool MinerGate; then cryptocurrency exchanges began to add the ETC altcoin gradually: Poloniex, Bitfinex, Kraken and others.
The interest of major players
ETC began to appreciate after the announcement that ETH would switch to the Proof-of-Stake (PoS) protocol in the fall. Token will remain the only major blockchain with smart contracts running on classic PoWand the Ethash mining algorithm after the core network moves to a different algorithm.
Miners will migrate to the ETC network because of the characteristics of the ASIC chips. The migration will theoretically strengthen the security of the network, which has been attacked several times. The developers of the fork are counting on the growing interest of smart contract holders, who will not want to migrate to PoS.
The Ant pool mining pool, affiliated with mining equipment maker Bit main, has invested $10 million in the ecosystem. It also intends to accept ETCs for payment for its products.
Thus, the industry partially moves its capacities to the assets, which will be “pumped”. It won’t be a surprise if in a bull market the price of ETC, supported by corporations, reaches $100+ and goes to historic highs.
For the near term
For holders of large-scale crypto farms, the “classic” PoW algorithm is more profitable than the new PoS to which the mainstream network is migrating. Traders consider in their assessments of the cryptocurrency that there are no plans to migrate to PoS in ETC and that mining in this system will be beneficial for the older people of the market.
There is a chance that investing in Ethereum Classic in the next 4-6 months will be profitable. However, according to Deyev, there is not enough data to analyze a longer period, despite the efforts of the creators of the crypto-monet to maintain it and attract computing power from other projects.
Ethereum Classic crypto price prediction: Waiting for the transition to PoS
It’s too early to talk about the mass transition of miners, but interest in ETC has clearly appeared. This is shown by the local maximum hash rate of the network.
Ethereum Classic crypto price prediction: now is a “great time” to enter mining profitably, but the demand for equipment at the moment is low, says the expert. According to him, only professional large miners are increasing their capacity, while the prices of video cards and ASIC miners are low.
Such mining has clear advantages over bitcoin mining: the net profit is higher due to lower power costs compared to ASIC equipment, especially during a bear market.
Cryptocurrency
Analyst: Skip Bitcoin FOMO, Altcoins Offer Better Gains Now

Bitcoin (BTC) has sent the crypto community into delirium, hitting a new all-time high (ATH) of almost $119,000 after brief stops around $113,000 and $116,000.
However, despite the excitement, prominent analyst CrediBULL Crypto has cautioned traders not to chase the rally blindly, suggesting that the real opportunity lies in altcoins, not Bitcoin.
Why BTC FOMO Could Be Costly
With BTC currently over 650% above its ideal accumulation zone, CrediBULL posted a stark warning on X:
“The big opportunity for gains is on ALTS even if Bitcoin is the one that is ‘leading’ this move.”
He added that anyone buying the asset at this particular point should only do so for an active trade with a clear setup.
“If you can’t identify a trade setup then there is no reason to buy Bitcoin at these levels as there are much better opportunities in alts from a R/R perspective at current levels.”
His comments echoed a broader sentiment emerging from key market voices, including former BitMEX CEO Arthur Hayes and YouTuber Crypto Rover, who likened the current market cycle to November 2024, when a major altcoin rally followed Bitcoin’s price surge.
In a recent tweet, Hayes said he had reversed his previously bearish stance, citing Bitcoin’s strong breakout and the rising dominance of Ethereum (ETH).
“Get ready for a monster alt szn,” he wrote, signaling increased institutional confidence. The crypto entrepreneur also reported that his Maelstrom Fund is ramping up altcoin exposure amid expectations of favorable political and macroeconomic shifts.
Observers have described the flagship cryptocurrency’s latest move as structurally different from past bull cycles. According to CryptoQuant, it isn’t driven by speculative angst, but rather by strategic accumulation and restrained selling activity.
Additionally, metrics like the MVRV ratio, currently 2.2 vs. over 2.7 in previous tops, SOPR, and MPI all hint at a sustainable rally with long-term potential. The drop in exchange balances, down over 21% in four months, also suggests that holders are in no rush to exit their positions.
Altcoins on the Mend
However, even with BTC in price discovery mode, Ethereum and several other altcoins are beginning to outshine it in percentage gains. ETH, for instance, is up by more than 18% in the last seven days, beating Bitcoin’s 8.9% rise in the same period. It has also reclaimed the $3,000 level and is setting its sights on $3,350–$3,500.
Meanwhile, Cardano (ADA) has pumped 23.7% across the week, reclaiming critical support at $0.64 and eyeing a return to $1. Hyperliquid (HYPE) is up nearly 19%, having set a new all-time high at $46.25, and is now targeting the $50 psychological threshold.
Even Solana (SOL) is catching a bid, with prices climbing above $164 and showing potential for a rally beyond $180.
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Cryptocurrency
XRP Breaks Free With Double-Digit Gains — Flips USDT in Market Shake-Up

TL;DR
- The consolidation phase for many altcoins, including XRP, seems to be over, and Ripple’s native token is on the run again toward $3.
- On its way up, it managed to surpass USDT in terms of market cap and is now back in the third spot after months of hiatus.
The graph above clearly demonstrates the price stagnation XRP had to endure for the past month or so. Its upper boundary was at around $2.6, while it also tested the lower one at $1.9 during the darkest hours of the war between Israel and Iran.
Nevertheless, each attempt met immediate rejections, and the cryptocurrency was pushed south to a tight range between $2.2 and $2.3. However, there were multiple signs that the consolidation could be coming to an end, and one analyst even warned that most traders will miss the breakout.
Such a price surge indeed started to materialize in the past few days, and especially today. XRP has been among the top performers on a daily scale, having surged by 20% at one point and coming close to $3 on most exchanges.
Although it was stopped there and now sits just under $2.8, it’s still up by over 12% since yesterday. Its market cap has spiked above $160 billion for the first time in months, and XRP has now become the third-largest cryptocurrency, by overtaking Tether’s USDT.
The move north was quickly picked up by the XRP Army, many of whom praised the asset’s performance and provided some bullish (and outrageous) predictions.
$XRP at $2,500 isn’t just a dream.
-Because a pump like 2017 would easily clear $2,000 ✅
Fact: The yearly resistance is now free so expect vertical price discovery. pic.twitter.com/A4G3PasuVk
— Crypto Bitlord (@crypto_bitlord7) July 11, 2025
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Cryptocurrency
Bitcoin Breaks ATH, Hayes Flips Bullish: ‘Maelstrom Is Backing Up the Truck’

BitMEX co-founder Arthur Hayes has decisively flipped bullish and even announced that Maelstrom Fund is “backing up the truck.” The exec’s comments came as Bitcoin (BTC) broke through its all-time high above $118K on strong volume.
He also revealed that Ethereum (ETH) began to follow with potential outperformance, and markets began pricing in a Trump administration’s readiness to ease trade tensions.
From Bearish to Bullish
This pivot follows Hayes’ prior cautious stance, which was rooted in concerns about a Treasury General Account (TGA) refill draining liquidity.
In his previous essay, Hayes explained that the US Treasury Secretary, whom he calls “The Big Bessent Cock (BBC),” faces an impossible task: funding ballooning deficits without causing a bond market revolt. To manage this, the government is turning to innovative liquidity engineering, including stablecoin adoption by “too big to fail” (TBTF) banks, which could unlock up to $6.8 trillion in T-bill buying power.
Hayes also noted that if the Fed stops paying interest on reserves, it could unleash another $3.3 trillion, bringing the total potential liquidity injection to $10.1 trillion.
He argued this approach was the modern replacement for QE, by maintaining equity markets and crypto afloat despite the Fed’s tightening posture. The exec warned that the TGA refill could briefly interrupt crypto’s bull momentum.
Despite this, Bitcoin’s resilience in busting through resistance while Ethereum appears to be positioning for a “monster alt season.”
“Frontloading Ahead of Trump Tariffs”
Adding to this backdrop, QCP Capital, in its latest analysis, also identified frontloading ahead of potential Trump tariffs as a key macro driver. Manufacturers are accelerating imports and production to preempt implementation, which has led to increased trade and manufacturing credit and improved liquidity conditions.
The firm views the current environment as supportive for continued crypto upside, with steady ETF inflows and strong structural demand boosting momentum.
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