Tag: Ethereum Classic

  • Ethereum Classic Surges 7.49% as Broader Crypto Rally Boosts ETC Trading Volume

    Ethereum Classic Surges 7.49% as Broader Crypto Rally Boosts ETC Trading Volume

    Ethereum Classic (ETC) jumped 7.49% to USD 9.18 as a widespread cryptocurrency market rally drove demand and trading activity across digital assets. The token traded between USD 8.56 and USD 9.29 after opening near USD 8.52. Meanwhile, Bitcoin gained 6.39% to USD 86,334, and the market saw approximately USD 800 million in short liquidations.

    The latest advance extended ETC’s seven-day gain to 26.93%. The cryptocurrency has also risen 18.48% this month and 30.19% over the past 90 days. Despite the rebound, ETC remains 50.73% lower over one year and trades 94.44% below its record high of USD 165.15 from May 7, 2021.

    Broad Crypto Rally Drives ETC Higher

    The wider cryptocurrency market provided the clearest catalyst behind ETC’s latest move. Bitcoin advanced 6.39% during the session, while XRP rose 9.79%. At the same time, the market recorded approximately USD 800 million in short liquidations. Such liquidations occur when traders betting on lower prices must close positions by buying assets back, which can accelerate an existing rally.

    As major cryptocurrencies gained, speculative activity also spread into smaller assets such as Ethereum Classic. ETC currently has a market capitalization of about USD 1.45 billion. Its smaller size means larger percentage moves can occur when market-wide trading activity rises sharply. Still, the available information contains no ETC-specific announcement that explains the price increase. There were no cited network upgrades, exchange listings, ETF developments, or other project events behind the move.

    ETC Trading Volume Surges as Momentum Builds

    Trading activity strengthened alongside the price increase. Daily ETC volume climbed to USD 0.0967 million, representing a 116.16% increase over its 30-day average. Its volume-to-market-cap ratio also reached 6.66%, compared to the average of 3.08%. Therefore, the latest price increase came with stronger market participation rather than minimal trading activity. Rising volume accompanied ETC’s push toward the session high of USD 9.29.

    The token also trades above its tracked moving averages and above the peaks of its recent 90-day range. This places USD 9.29 at the center of the next short-term price test. Even so, the rally follows a sharp rebound from depressed levels. ETC remains deeply below its historical peak and still records a substantial year-over-year decline.

    The available data does not include ETC-specific funding rates, open interest, or perpetual futures liquidations. As a result, the role of ETC derivatives cannot be measured from the supplied figures. Instead, the reported USD 800 million liquidation figure applies to the wider crypto market. The current evidence therefore links part of ETC’s momentum to sector-wide short covering rather than ETC-specific futures activity.

    USD 9.29 Becomes ETC’s Immediate Price Test

    The session high at USD 9.29 now forms the nearest reference point for ETC traders. The asset reached the level after beginning the period near USD 8.52. Under a short-term strategy, a daily close above USD 9.29 would mark a breakout signal, with a stop level near USD 8.84 and a possible profit-taking area at USD 10.50. A trailing stop could adjust exposure as the price changes.

    For a medium-term approach, the USD 8.03 to USD 8.52 area is identified as a potential pullback zone. A daily close below USD 7.75 would invalidate this setup. Meanwhile, the same framework keeps USD 9.29 as the initial target before any possible extension toward USD 10.50. The setup therefore depends heavily on whether ETC can preserve its recent momentum.

    The long-term strategy remains tied to Ethereum Classic’s proof-of-work structure and fixed-supply thesis. It proposes staggered purchases below USD 8.00 while recognizing the asset’s steep annual decline. A conservative approach calls for staying out of the market because ETC carries annualized volatility of 61.6%. This volatility remains relevant as the asset trades after a rapid multi-day advance. USD 9.29 now marks the immediate price level to watch as traders assess whether momentum can continue.

  • BlockDAG Outshines Shiba Inu, Ethereum Classic, and Pi Network with 374,000 Holders as Top Trending Crypto in August 2026

    BlockDAG Outshines Shiba Inu, Ethereum Classic, and Pi Network with 374,000 Holders as Top Trending Crypto in August 2026

    Focus moves quickly in crypto, and the coins pulling eyes in August 2026 earned that pull in very different ways. The wider market held a careful, sideways mood. But community-led tokens, network upgrades, and real-world tie-ins kept certain names in the news no matter what price did.

    For readers scanning the top trending crypto, the smart question is what really sits behind the buzz: a true product and crowd, or short-lived hype. The strongest stories mix an active user base with something real on-chain or out in the world.

    Four names show that blend this month, starting with one whose surge rests on how much a holder can really do inside its world.

    1. BlockDAG (BDAG): Real Ways To Use It Right Now

    BlockDAG’s fire comes from a simple switch: rather than ask what the token might be worth, ask what it lets you jump into. The answer is wide open for a project at this stage, and the buzz is loud. A holder can mine BDAG through the X1 app or physical miners, stake it for ecosystem perks and VIP levels, trade it on the coming BlockDAG exchange, play with it in the BlockDAG Casino that has already run through $200 million in wagers, swap it into other assets, and soon spend it through the Super App’s payment layer.

    Holding more BDAG stacks up access, not just a number, unlocking fee cuts, higher tiers, and special launches. With 374,400 holders growing by 1,200 a day across 130-plus countries, the buy-in zone is real and getting bigger fast. For the top trending crypto, jumping into a live, growing ecosystem is a way more honest pitch than a price target, and BlockDAG makes that crystal clear.

    BDAG can be grabbed right from the website at an entry rate of $0.000000017 with a $0.025 BuyBack price, and a buyback event is set for October 1. Buyers using Live Swap can also lock in tokens at a 22% discount below the current CoinMarketCap rate.

    2. Shiba Inu (SHIB): Crowd Support Plus Real-World Payments

    Shiba Inu traded near $0.0000050 on August 2, up about 4% on the day with a market cap around $2.9 billion at rank #26, per Crypto.com and CoinMarketCap data. The token hit six years old and kept its crowd active, while its Shibarium layer-2 saw transactions rise 78% in a week.

    Two real-world points came up: Emirates Airlines began taking SHIB for flight bookings, and a delayed Shibarium privacy upgrade built with cryptography firm Zama has a live delivery window in August. A T. Rowe Price ETF filing added a slower thread. SHIB stays a well-known community-led trending token.

    3. Ethereum Classic (ETC): The First Proof-of-Work Chain

    Ethereum Classic traded near $6.55 on August 2 to 3, down about 1% to 3%, with a market cap around $1.07 billion and a price roughly 96% below its all-time high, per CoinMarketCap and CoinGecko data. ETC still carries the first Ethereum chain’s belief in staying unchanged, put simply as code is law, kept safe by Proof-of-Work mining and capped at 210.7 million coins, about ten times Bitcoin’s supply.

    Its EVM support keeps it fit for smart contracts, and a Grayscale trust offers a regulated way in. For traders who value low supply and a long track record, ETC now and then trends as a Proof-of-Work option.

    4. Pi Network (PI): Phone Mining And A Ticking Upgrade Clock

    Pi Network traded near $0.085 on August 2, up about 4% on the week with a market cap around $945 million, per CoinGecko and Bitget data. The token moved on news of Protocol 26, the latest mainnet upgrade, with node operators told to update before an August 11 cut-off ahead of the final Protocol 27.

    Pi’s model is built around phone-first mining through the Stellar Consensus Protocol, letting its large Pioneers crowd earn by checking in daily without special gear. About 11 billion of a 100 billion max supply are in circulation. Its crowd size keeps Pi a name that comes back around.

    Final Take

    For the top trending crypto this month, focus rests on different bases. Shiba Inu blends a six-year crowd with Emirates support near $0.0000050. Ethereum Classic trends as the first Proof-of-Work chain near $6.55. Pi Network rides its phone-mining Pioneers crowd near $0.085 through an upgrade cut-off.

    BlockDAG trends on take-part power itself, a 374,400-holder world where the token can be mined, staked, traded, played, and spent, making it the top trending crypto to keep in view.

    Trending focus fades quick when nothing sits behind it, so the names worth watching are those pairing fire with a real product, and none of them promise a future price.