Ethereum Classic (ETC) Surges 12% as Market Eyes Altcoin Revival
April 5, 2025 — Ethereum Classic (ETC) has seen a sudden surge in price, rising over 12% in the past 24 hours. This bullish movement comes amid renewed optimism in the broader altcoin market, as investors begin rotating capital from major cryptocurrencies like Bitcoin and Ethereum into smaller-cap assets.
ETC is currently trading at $38.20, up from $34.10 just a day prior. Trading volume has more than doubled, with over $1.1 billion in ETC exchanged across major platforms such as Binance, Coinbase, and Kraken.
Analysts are attributing this breakout to a combination of technical and fundamental factors. From a technical standpoint, ETC broke above a key resistance level at $36, triggering buying momentum. On the fundamental side, recent updates from the Ethereum Classic developer community—focused on enhanced smart contract support and improved interoperability—have helped build investor confidence.
“Ethereum Classic has always been undervalued relative to its potential,” says crypto analyst Jenna Morales. “With Ethereum facing scalability concerns and high gas fees, ETC is positioning itself as a solid alternative, especially for developers who favor the original Ethereum chain.”
This rally also mirrors a broader trend in the market, where mid-cap altcoins are showing strength after months of consolidation. Other notable gainers today include Chainlink (LINK) and VeChain (VET), both posting similar double-digit gains.
However, traders are urged to stay cautious. ETC has historically been volatile, and profit-taking could lead to short-term corrections.
Still, the sentiment remains bullish as Ethereum Classic continues to prove its resilience in a competitive crypto ecosystem
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