The chart has broken out of a cage that has lasted for over a year. For more than a year, ETC’s price has been constrained by a steep descending trendline. It has just broken through that trendline and has found its footing. This isn’t a wick—it’s a structural change. This week’s 28% rally confirms an influx of buyers. A “mini-halving” is coming in a few months. The block reward for ETC halves by 20% every 5 million blocks. The next halving (2.048 → 1.638 ETC) is expected to occur before the end of 2026. ETC’s supply cap is about 210.7 million coins. Reduced new supply—while market sentiment is currently in an upswing. It’s already deflationary. The Olympia upgrade adds a fee-burn mechanism similar to EIP-1559, along with an on-chain treasury and DAOs. This isn’t a dead chain—it’s actively upgrading. The story of “early Ethereum” is unfolding. ETH has moved to a proof-of-stake mechanism. ETC still uses proof-of-work and is mined by real GPU miners. In a market that suddenly starts paying for mined tokens, this is exactly what institutions can explain to a committee. It’s one of the lowest market-cap, highest-potential laggards right now. With a market cap of $1.25 billion—down 95% from its all-time high. When BCH (a $5.5 billion asset) crashes 36%, capital looks for the next inexpensive PoW token. ETC is right there. The above is only personal opinion and does not constitute any financial advice or recommendation to buy or sell. Cryptocurrency is extremely risky; do your own research and take full responsibility. No token promotion of any kind. $BTC
