Ethereum and Ethereum Classic Experiences Significant Surge in Price

Is crypto big enough for two “Ethereums”? Recent developments suggest so. During the last day, both Ethereum Classic and Ethereum have been growing in value, which suggests that there may be a place for both projects in the cryptocurrency scene.

Ethereum Classic has grown over 24% today, while Ethereum has come down to the 0.02096 mark after growing over 11% during the last day and both with above average volume, with Ethereum having over 38k btc worth of trades in the last 24 hours .

As we put the DAO hack behind us, both cryptocurrencies are moving forward in different directions and the controversy seems to have faded away.

Ethereum Classic has recently released a new website, which details the complete story behind the hard-fork split, and provides resources for newcomers (miners, users, and developers). The ETC team has also announced, via this brand new website, in which they revealed that CHBTC, one of the largest cryptocurrency exchanges in China, has announced a series of donations to the ETC project, which will be applied to accelerate the introduction of solutions to Ice Age situation, that will require a hard-fork to be implemented either to move to PoS or to remove this feature (or to set back the clock on the difficulty bomb).

Ethereum itself has been chosen to be among the 6 accepted cryptocurrencies in the Apple AppStore, along with Bitcoin, Litecoin, Doge and The DAO.

Related Post

This news comes after Jaxx received a request by Apple to remove Dash from its cryptocurrency wallet. Why The DAO has been chosen to be part of this list is a complete mystery, since it holds no practical functions and has been the biggest hack in the history of the blockchain. The information was disclosed by Anthony Di Lorio, founder of Decentral (the makers of Jaxx wallet):

Vitalik Buterin reacted:

Eduardo Gómez

Eduardo Gómez is a Computer Science Major from Venezuela, a country with a loyal Bitcoin user base. He discovered Bitcoin in 2012 and now he use it to escape the triple-digit inflation that Venezuela suffers, he is focusing on developing a writing career, and he tries to keep up with the news in FinTech and Blockchain Technologies.

Share
Published by
Eduardo Gómez

Recent Posts

Top 5 Modular Blockchain Tokens Less Than $1 Price Mark To Monitor In August 2025

As the blockchain ecosystem continues to evolve, modular blockchains are emerging as a promising frontier,…

4 hours ago

MetaMask Proposes Stablecoin Launch, Taps Stripe to Bridge TradFi and DeFi

MetaMask wants its own stablecoin. It’s calling it MetaMask USD (mmUSD). And if the recent…

1 day ago

Spartan, Stake & Betway: Top 2025 Crypto Gambling Prizes

Spartan’s $250K Lambo Challenge Tops 2025’s Crypto Gambling Prize War with Stake & Betway Crypto…

1 day ago

SharpLink’s Ethereum Accumulation Hits High Top With Staking Strategy

SharpLink is leaning hard into Ethereum. They buy. They stake. They hold. Ethereum currently trades…

2 days ago

Cardano Price Prediction: Is a Return to $2 Imminent or Just a FOMO Fantasy?

After months of consolidation, Cardano (ADA) is regaining investor attention thanks to renewed forecasts projecting…

3 days ago

Bitcoin and Ethereum Whales Quietly Accumulating—What Does This Mean for the Market?

Whales are back—and this time, they’re not making noise. Despite the relative calm in prices,…

3 days ago