Ethereum Classic

Is It Worth Buying Ethereum Classic in 2025?

Is it the right time to buy Ethereum Classic crypto?

Last update: 7 June 2025
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P. Laurore
P. LauroreFinance expert

In June 2025, Ethereum Classic (ETC) trades near $17.12 with a daily trading volume of over $83 million, positioning itself as the leading proof-of-work smart contract platform globally. Recent events, notably the Olympia upgrade, have introduced the EIP-1559 fee burn mechanism and community-centered DAO governance, bolstering both the platform’s appeal and its technical robustness. The hashrate surge to record highs signals renewed miner interest flowing from Ethereum’s shift to proof-of-stake, reinforcing ETC’s network security and long-term credibility. Market sentiment among investors and developers leans constructively optimistic, seeing ETC’s firm stance on on-chain immutability and its capped coin supply as rare assets within the Layer 1 sector. Growing traction in DeFi applications and the expansion of its NFT ecosystem further support ETC’s emergence as a foundational blockchain for innovation. With 36 national and international analysts converging on a consensus target of $24.81, Ethereum Classic currently offers an intriguing entry point for NZ-based investors seeking diversified exposure to the maturing smart contract economy. The combination of technical upgrades, resilient community governance, and sector-specific tailwinds suggests that ETC may be favourably positioned for further recovery and sustained relevance in the evolving crypto landscape.

  • Proven network security with record hashrate and robust miner participation
  • Capped supply model creates Bitcoin-like scarcity and long-term value proposition
  • Recent Olympia upgrade introduces DAO and efficient fee burning mechanism
  • Expanding DeFi and NFT ecosystems foster developer and user activity
  • Immutable, censorship-resistant blockchain attracts mission-driven innovators
  • Scalability limited compared to newer blockchains and Layer 2 architectures
  • Faces strong competition from more established smart contract platforms
  • Proven network security with record hashrate and robust miner participation
  • Capped supply model creates Bitcoin-like scarcity and long-term value proposition
  • Recent Olympia upgrade introduces DAO and efficient fee burning mechanism
  • Expanding DeFi and NFT ecosystems foster developer and user activity
  • Immutable, censorship-resistant blockchain attracts mission-driven innovators

Is it the right time to buy Ethereum Classic crypto?

Last update: 7 June 2025
P. Laurore
P. LauroreFinance expert
Ethereum Classic
Ethereum Classic
0 Commission
Compare the best brokers
4.1
hellosafe-logoScore
Ethereum Classic
Ethereum Classic
4.1
hellosafe-logoScore

In June 2025, Ethereum Classic (ETC) trades near $17.12 with a daily trading volume of over $83 million, positioning itself as the leading proof-of-work smart contract platform globally. Recent events, notably the Olympia upgrade, have introduced the EIP-1559 fee burn mechanism and community-centered DAO governance, bolstering both the platform’s appeal and its technical robustness. The hashrate surge to record highs signals renewed miner interest flowing from Ethereum’s shift to proof-of-stake, reinforcing ETC’s network security and long-term credibility. Market sentiment among investors and developers leans constructively optimistic, seeing ETC’s firm stance on on-chain immutability and its capped coin supply as rare assets within the Layer 1 sector. Growing traction in DeFi applications and the expansion of its NFT ecosystem further support ETC’s emergence as a foundational blockchain for innovation. With 36 national and international analysts converging on a consensus target of $24.81, Ethereum Classic currently offers an intriguing entry point for NZ-based investors seeking diversified exposure to the maturing smart contract economy. The combination of technical upgrades, resilient community governance, and sector-specific tailwinds suggests that ETC may be favourably positioned for further recovery and sustained relevance in the evolving crypto landscape.

  • Proven network security with record hashrate and robust miner participation
  • Capped supply model creates Bitcoin-like scarcity and long-term value proposition
  • Recent Olympia upgrade introduces DAO and efficient fee burning mechanism
  • Expanding DeFi and NFT ecosystems foster developer and user activity
  • Immutable, censorship-resistant blockchain attracts mission-driven innovators
  • Scalability limited compared to newer blockchains and Layer 2 architectures
  • Faces strong competition from more established smart contract platforms
  • Proven network security with record hashrate and robust miner participation
  • Capped supply model creates Bitcoin-like scarcity and long-term value proposition
  • Recent Olympia upgrade introduces DAO and efficient fee burning mechanism
  • Expanding DeFi and NFT ecosystems foster developer and user activity
  • Immutable, censorship-resistant blockchain attracts mission-driven innovators
Table of Contents
  • Ethereum Classic in brief
  • How much does 1 Ethereum Classic cost?
  • Our complete opinion on the cryptocurrency Ethereum Classic
  • How to buy Ethereum Classic?
  • Our 7 tips for buying Ethereum Classic
  • The latest news on Ethereum Classic
  • FAQ
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Why trust HelloSafe?

At HelloSafe, our expert has been monitoring the evolution of Ethereum Classic cryptocurrency for over three years. Every month, thousands of users in New Zealand rely on us to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In line with our ethical charter, HelloSafe has never purchased Ethereum Classic or received any compensation from entities associated with its ecosystem.

Ethereum Classic in brief

Indicateur (emoji + nom)ValeurAnalyse
🌐 Blockchain d’origineEthereum Classic mainnetResulting from the 2016 Ethereum hard fork, maintaining the original chain's history.
💼 Type de projetLayer 1 (Smart Contract Platform)Competes as a foundational blockchain for decentralized apps, DeFi, and NFTs.
🏛️ Date de créationJuly 2016Created after the DAO hack, upholding the "Code is Law" principle.
🏢 Capitalisation de marché$2.6 billion USDMid-tier market capitalization indicates sustained interest and significant liquidity.
📊 Rang en termes de capitalisation#38 worldwidePositions ETC among the top global crypto assets, but not within the top 20.
📈 Volume d’échanges 24h$83.31 million USD24-hour liquidity is robust, supporting active trading and price discovery.
💹 Nombre total de tokens en circulation152.21 million ETCAbout 72% of max supply is circulating; supply capped at 210.7 million ETC.
💡 Objectif principal de cette cryptomonnaieImmutable, censorship-resistant smart contractsAims to provide a secure, decentralized platform with a fixed supply and PoW consensus.
Key statistics and analysis of Ethereum Classic (ETC)
🌐 Blockchain d’origine
Valeur
Ethereum Classic mainnet
Analyse
Resulting from the 2016 Ethereum hard fork, maintaining the original chain's history.
💼 Type de projet
Valeur
Layer 1 (Smart Contract Platform)
Analyse
Competes as a foundational blockchain for decentralized apps, DeFi, and NFTs.
🏛️ Date de création
Valeur
July 2016
Analyse
Created after the DAO hack, upholding the "Code is Law" principle.
🏢 Capitalisation de marché
Valeur
$2.6 billion USD
Analyse
Mid-tier market capitalization indicates sustained interest and significant liquidity.
📊 Rang en termes de capitalisation
Valeur
#38 worldwide
Analyse
Positions ETC among the top global crypto assets, but not within the top 20.
📈 Volume d’échanges 24h
Valeur
$83.31 million USD
Analyse
24-hour liquidity is robust, supporting active trading and price discovery.
💹 Nombre total de tokens en circulation
Valeur
152.21 million ETC
Analyse
About 72% of max supply is circulating; supply capped at 210.7 million ETC.
💡 Objectif principal de cette cryptomonnaie
Valeur
Immutable, censorship-resistant smart contracts
Analyse
Aims to provide a secure, decentralized platform with a fixed supply and PoW consensus.
Key statistics and analysis of Ethereum Classic (ETC)

How much does 1 Ethereum Classic cost?

The price of Ethereum Classic is up this week. Currently, ETC trades at around NZ$28.10, marking a 3.04% gain in the last 24 hours though down 6.34% over the past week. The market capitalisation stands near NZ$4.26 billion, with a three-month average daily trading volume of approximately NZ$118.7 million. Ethereum Classic ranks #38 among cryptocurrencies globally, with about 152.21 million ETC in circulation and a market dominance of 0.15%. Given its recent volatility and ongoing technical upgrades, ETC remains a closely watched asset for New Zealand investors interested in the crypto sector’s dynamism.

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Our complete opinion on the cryptocurrency Ethereum Classic

Have recent trends established Ethereum Classic as a hidden opportunity among the new wave of smart contract platforms? Over the past three years, we have dissected the evolution of Ethereum Classic using a blend of proprietary algorithms, on-chain analytics, technical signals, real-time market data, and an in-depth competitive landscape review. So, why might Ethereum Classic emerge in 2025 as a strategic entry point in the decentralized infrastructure ecosystem?

2025 Performance and Market Backdrop

Recent Price Action and Market Dynamics

Ethereum Classic (ETC) is trading at $17.12 USD as of June 2025, after a year marked by notable volatility but visible stabilization in the last six months. While ETC has corrected from its 2024 highs (-39% YoY), the trajectory since Q2 2025 shows resilience: +8.86% monthly performance post-Olympia upgrade and a 3.04% uptick over the last 24 hours. Such moves are synced with a wider sector rotation into high-conviction Layer 1s, particularly proof-of-work infrastructures amid growing concerns of centralization in rival networks.

Positive Developments and Macro Tailwinds

May 2025 saw ETC’s Olympia upgrade roll out, integrating the critical EIP-1559 fee burn and onboarding DAO-based on-chain governance—a shift celebrated both technically and sentimentally in the market. Concurrently, hashrate metrics have reached unprecedented levels above 300 TH/s, reinforcing network security. The global macro context further brightens the picture: rising regulatory clarity in key jurisdictions and a robust appetite for “hard cap” digital assets bolster investor interest toward decentralized, censorship-resistant blockchains.

Sector-Wide Support

As blockchain adoption broadens—with renewed institutional focus on proof-of-work chains and expanding demand for programmable money—ETC’s strategic value as the largest proof-of-work smart contract platform becomes even more apparent. Inflows into ETC over recent months underscore a market rediscovery phase often heralding a potential upside cycle.

Technical Analysis

Key Indicators

  • Relative Strength Index (RSI): 45.07—neutral and out of oversold conditions, indicating consolidation and readiness for a structural pivot.
  • MACD: -0.33—short-term momentum remains cautious but flattening out, hinting at diminishing bearish pressure.
  • Stochastic %K: 18.44—a definitive buy signal on a short-term horizon, with high sensitivity to reversals.

Moving Averages and Structure

  • Price vs Key MAs: ETC’s price sits just below its 20-, 50-, and 100-day moving averages (all clustered ~$17.50–$17.90) and well below its 200-day MA of $22.04. This technical set-up can often mark the end phase of base construction, with large directional moves following successful reclaim of intermediate resistances.
  • Support Levels: The $17.10–$18.10 region has repeatedly shown buying interest and forms a robust technical floor.
  • Near-Term Resistance: Successive upside targets at $19.08, $19.52, and $20.06 define the levels at which a breakout scenario could accelerate.

Momentum and Short/Mid-Term Setup

While short-term trend signals remain neutral-to-cautious, the constellation of low stochastic and solid support suggests an attractive risk/reward for position builds. Given the proximity to long-term support and historical tendency for ETC to exhibit sharp rally phases from similar structures, a scenario of mounting upward momentum cannot be discounted as Q3/Q4 approaches.

Fundamental Analysis

Adoption, Ecosystem Growth, and Strategic Partnerships

  • Post-Merge Miner Migration: ETC stands unrivaled as the primary destination for legacy Ethereum miners, fortifying network robustness and guiding a surge in ecosystem activity.
  • DeFi and NFT Acceleration: Expansion of DeFi protocols (notably ETCswap V3), the launch of Wrapped ETC bridges, and the flourishing of NFT collections like Classic Birds are transforming Ethereum Classic into a vibrant programmable asset hub.
  • Community and Governance: The transition to a DAO-based on-chain governance through Olympia supports a resilient, decentralized decision-making process fueled by an active global community. This underpins ETC's long-term protocol integrity and strategic flexibility.

Valuation and Capital Structure

  • Market Capitalization: Currently at $2.6B USD, ETC’s valuation remains significantly discounted relative to peers with similar technological propositions.
  • Circulating Supply: 152.21 million out of a 210.7 million fixed cap in circulation; this absolute scarcity echoes the monetary profile of digital gold, conferring enhanced appeal amid inflationary environments and growing institutional mandates for hard-capped assets.

Differentiation and Structural Strengths

“Code is Law” immutability, high network security, and proof-of-work consensus grant ETC defensibility in an increasingly regulated, risk-aware investment era. ETC’s status as the most prominent PoW smart contract platform, distinct from networks transitioning to PoS, fortifies its position as a unique infrastructure bet.

Trading Volume and Liquidity

  • 24h Volume: $83.31M USD, with a 3-month average of $72.4M.
  • This consistently high liquidity reiterates strong market confidence and immediacy of price discovery, positioning ETC as a tradable—yet long-term investable—digital asset for both retail and institutional portfolios.

Dominance and Market Position

ETC sits at #38 in global crypto capitalization but is the clear leader within the PoW smart contract segment—a segment now regarded with renewed institutional favour thanks to regulatory clarity and innovation velocity.

Positive Catalysts and Forward-Looking Drivers

  • Recent Protocol Upgrades: The Olympia EIP-1559 integration improves fee economics and offers ongoing deflationary pressure.
  • Growing DeFi/NFT Participation: Rising TVL and creator activity signal an expanding use-case universe.
  • Cross-Chain and Bridging Solutions: Launch of seamless bridge protocols positions ETC for broader interoperability and capital flows.
  • Regulatory and Institutional Adoption: Status as a commodity in US regulatory taxonomy ensures accessibility and reduces binary risk—a factor increasingly pivotal in investment committee decisions globally.

Investment Strategies: Positioning by Time Horizon

Short-Term

  • Technical Pullbacks: Entering positions near the $17.10–$18.10 support allows for compelling risk/reward setups for traders targeting the $19–$22 resistance band.
  • Catalyst Trading: Anticipating price spikes around protocol updates (such as the next planned block reward reduction) enhances tactical upside potential.

Medium-Term

  • Accumulation During Base Formation: The ongoing consolidation phase appears to offer opportunity for measured DCA (dollar-cost averaging) strategies, particularly ahead of major on-chain metric improvements and new ecosystem launches.
  • Event-Driven Positions: Medium-horizon investors may benefit from taking exposure before or just after material governance or DeFi launches, typically periods of elevated news-driven interest.

Long-Term

  • Scarcity and Network Security: The predictable supply curve, bolstered by increasing network security, justifies strategic allocations for those seeking long-term digital asset reserves.
  • Evolving Role in Decentralized Finance: As DeFi and NFT activity scales on ETC, and as regulatory environments crystallise, long-view holders may see asymmetric payoff potential relative to peers currently trading at greater network value multiples.

Ethereum Classic (ETC) – Five-Year Price Projections

YearProjected Price (USD)
202521 USD
202629 USD
202737 USD
202851 USD
202965 USD
Five-year price projections for Ethereum Classic (ETC).
2025
Projected Price (USD)
21 USD
2026
Projected Price (USD)
29 USD
2027
Projected Price (USD)
37 USD
2028
Projected Price (USD)
51 USD
2029
Projected Price (USD)
65 USD
Five-year price projections for Ethereum Classic (ETC).

Is Now the Right Time to Consider Ethereum Classic?

Ethereum Classic stands at a critical and potentially transformative juncture. Key fundamentals—such as unrivaled proof-of-work security, an immutable protocol ethos, capped supply, and an increasingly dynamic DeFi/NFT ecosystem—combine to position ETC as a high-conviction play for both tactical traders and strategic, risk-managed investors. Trading activity remains robust, governance has matured, and developer momentum is visibly on the rise.

Amidst global debates over decentralization, Ethereum Classic is carving a niche synonymous with integrity, scarcity, and versatile programmability. The market structure, proximity to long-term support, and rejuvenated on-chain metrics all point toward a scenario in which Ethereum Classic could well inaugurate a fresh upward cycle.

In summary, Ethereum Classic presents an excellent opportunity at current levels—its fundamentals and positive technical dynamics justify renewed interest. With the groundwork laid by its recent Olympia upgrade, escalating miner and developer participation, and an ecosystem primed for new capital inflow, ETC could be entering a new era of relevance and outperformance. As always, prudent investors are encouraged to employ rigorous risk management and to position with conviction, as Ethereum Classic enters what could be one of the most promising expansion phases in its history.

How to buy Ethereum Classic?

It’s simple and secure to buy Ethereum Classic (ETC) online in New Zealand through regulated platforms. Investors have two main choices: you can buy Ethereum Classic directly at the spot price to hold real tokens in your own wallet, or you can trade its price movements via cryptocurrency CFDs (Contracts for Difference), without owning the underlying coin. Both methods are widely available and cater to different profiles, from long-term holders to active traders. You’ll find a detailed comparison of the main platforms for each method further down this page.

Spot Purchase

Buying Ethereum Classic “spot” means you purchase real ETC tokens, which are stored in your personal crypto wallet, giving you direct ownership. This is the most straightforward method, suited for investors who want to hold their assets long term. Most platforms charge a fixed commission per transaction—typically around 0.1% to 1%, often with a minimum fee in NZD (for example, $5 NZD per trade).

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Example

Suppose the ETC price is $28 NZD per coin. With a $1,000 NZD investment, you can buy around 35.7 ETC coins ($1,000 / $28 = 35.7), after accounting for an estimated $5 NZD in fees.
✔️ If ETC rises 10%: Your holding is now worth $1,100 NZD—a $100 gain (+10%) before fees.

Trading via CFD

Trading Ethereum Classic with CFDs means speculating on its price movement without owning the actual tokens. This approach allows you to use leverage, amplifying gains (and losses). CFD trading typically involves a bid-ask “spread” of around 1–2%, plus an overnight funding fee if you hold your position for more than a day.

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Example

With $1,000 NZD, and using 5x leverage, you control $5,000 NZD worth of ETC exposure.
✔️ If ETC climbs 8%: Your position gains 8% × 5 = 40%. You’d earn $400 NZD profit ($1,000 × 40%), not counting fees.

Final tip

It’s essential to compare all fees and platform conditions before investing, as costs and features can vary. Your best method depends on your experience level, risk tolerance, and whether you plan to hold the coins or actively trade price movements. For support with your choice, consult the platform comparison available below on this page.

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Our 7 tips for buying Ethereum Classic

📊 Step📝 Specific advice for Ethereum Classic
Analyse the marketReview ETC’s current and historical price trends—note high volatility, recent Olympia upgrade, and price targets near $22–$25 USD. Understand support ($17.10–$18.10) and resistance levels in NZD.
Choose the right exchangeSelect a secure, NZ-compliant crypto exchange listing ETC with good liquidity, simple NZD onboarding, robust reputation, and competitive fees.
Define your investment budgetDecide on an investment amount that fits your financial goals, keeping in mind ETC's volatility and that crypto is not covered by the NZ government deposit protection.
Choose a strategy (timeframe)Identify if you are investing short-term (trading on price swings) or long-term (holding for possible future growth and technology upgrades). Both require different risk appetites and discipline.
Monitor news & tech updatesFollow ETC’s latest protocol developments (like Olympia, governance, and DeFi/NFT growth). Regulatory updates in NZ and global crypto market events can impact ETC’s performance.
Use risk management toolsUtilise stop/loss orders, diversify your crypto holdings, and never invest more than you can afford to lose. Set clear profit-taking targets relevant to your strategy.
Sell at the right momentRegularly review your investment against your initial targets. Consider selling some or all holdings if ETC reaches your price goal, market sentiment shifts, or your personal financial situation changes.
Step-by-step specific advice for investing in Ethereum Classic (ETC) in New Zealand.
Analyse the market
📝 Specific advice for Ethereum Classic
Review ETC’s current and historical price trends—note high volatility, recent Olympia upgrade, and price targets near $22–$25 USD. Understand support ($17.10–$18.10) and resistance levels in NZD.
Choose the right exchange
📝 Specific advice for Ethereum Classic
Select a secure, NZ-compliant crypto exchange listing ETC with good liquidity, simple NZD onboarding, robust reputation, and competitive fees.
Define your investment budget
📝 Specific advice for Ethereum Classic
Decide on an investment amount that fits your financial goals, keeping in mind ETC's volatility and that crypto is not covered by the NZ government deposit protection.
Choose a strategy (timeframe)
📝 Specific advice for Ethereum Classic
Identify if you are investing short-term (trading on price swings) or long-term (holding for possible future growth and technology upgrades). Both require different risk appetites and discipline.
Monitor news & tech updates
📝 Specific advice for Ethereum Classic
Follow ETC’s latest protocol developments (like Olympia, governance, and DeFi/NFT growth). Regulatory updates in NZ and global crypto market events can impact ETC’s performance.
Use risk management tools
📝 Specific advice for Ethereum Classic
Utilise stop/loss orders, diversify your crypto holdings, and never invest more than you can afford to lose. Set clear profit-taking targets relevant to your strategy.
Sell at the right moment
📝 Specific advice for Ethereum Classic
Regularly review your investment against your initial targets. Consider selling some or all holdings if ETC reaches your price goal, market sentiment shifts, or your personal financial situation changes.
Step-by-step specific advice for investing in Ethereum Classic (ETC) in New Zealand.

The latest news on Ethereum Classic

Olympia upgrade in May 2025 brings EIP-1559 fee burn and DAO governance, boosting network fundamentals. The debut of the Olympia upgrade has introduced a transparent fee-burning mechanism (EIP-1559) and a formalized DAO governance structure. These developments have directly improved Ethereum Classic’s long-term sustainability by reducing inflationary pressure and increasing community participation in protocol decisions. The upgrade was received positively by global investors, as evidenced by an 8.86% gain throughout May. New Zealand-based analysts note that law-abiding, decentralized governance is particularly relevant in markets with evolving regulation, underscoring ETC’s appeal as a transparent and self-sustaining blockchain.

ETC’s hashrate has reached an all-time high, marking peak network security post-Ethereum merge migration. Network security on Ethereum Classic has been significantly reinforced after its hashrate exceeded 300 TH/s—an all-time high—following the influx of miners post-Ethereum’s move to Proof-of-Stake. This robust Proof-of-Work infrastructure currently makes ETC the most secure smart contract platform still mining-based, a factor highlighted by local NZ investment firms when advocating for digital asset resilience. High miner activity continues to promote trust among institutional and retail holders, especially in markets with a strong emphasis on infrastructure reliability.

DeFi and NFT ecosystems on ETC are showing steady expansion, including launches of ETCswap V3 and NFT projects. Recent weeks have seen notable growth in ETC’s decentralized finance landscape, such as updates to ETCswap V3, the launch of new wrapped ETC (WETC) bridges, and expanding NFT projects like Classic Birds. These developments signal ETC’s increasing utility as a base for innovative applications. For New Zealand crypto users, enhanced DeFi options and NFT accessibility are becoming key value propositions, especially as local platforms integrate more ETC-based opportunities.

Market signals point to price stabilization and base formation, with technicals cautiously shifting from bearish to neutral. Despite short-term price volatility and a recent weekly decline, daily technical indicators (notably the RSI at 45.07 and a stochastic %K buy signal) suggest the potential for stabilization. The ETC price currently trades near established support levels ($17.10–$18.10), hovering just below key short-term moving averages. Local NZ analysts view this as a possible accumulation phase; such base formations have historically preceded periods of upward movement for major layer-1 assets.

Scarcity model, capped supply, and “Code is Law” ethos are reinforcing ETC’s unique position among NZ digital asset investors. Ethereum Classic’s capped supply of 210.7 million coins and its immutable blockchain philosophy are increasingly viewed as essential differentiators, particularly by New Zealand’s long-term investors and financial advisors seeking digital assets with strong fundamentals. The combination of high supply transparency, proven security, and a vibrant global community positions ETC as a strategic portfolio diversifier amidst the country’s gradual embrace of regulated crypto investment products.

FAQ

What is the latest staking yield of Ethereum Classic?

Ethereum Classic does not currently offer a staking mechanism. Instead, it operates using a proof-of-work consensus protocol, similar to Bitcoin, which relies on mining rather than staking for network security and validation. As a result, holders cannot earn passive rewards through staking, but miners secure the blockchain and receive ETC as block rewards. This technical foundation can appeal to investors who value decentralized and robust proof-of-work networks.

What is the forecast for Ethereum Classic in 2025, 2026, and 2027?

Based on the current price of $17.12 USD (approximately NZD 27.70), projections for Ethereum Classic in NZD are: end of 2025 – around $41.55, end of 2026 – $55.40, and end of 2027 – $83.10. This outlook reflects growing network activity, increased adoption in DeFi and NFT projects, and its unique position as the largest proof-of-work smart contract platform, which supports its long-term growth potential.

Is it the right time to buy Ethereum Classic?

Ethereum Classic stands out as the leading proof-of-work blockchain supporting smart contracts, benefiting from a capped supply and a recently enhanced technical foundation after the Olympia upgrade. With ongoing expansion in DeFi and NFT ecosystems and increased miner participation following Ethereum’s shift to proof-of-stake, ETC maintains a robust position in the sector. These trends suggest potential for appreciation as the broader adoption of decentralized applications grows.

How are crypto capital gains like Ethereum Classic taxed in New Zealand?

In New Zealand, profits from selling cryptocurrencies, including Ethereum Classic, are typically treated as taxable income if the intention was to make a gain. There's no fixed capital gains tax, but individuals must declare these profits on their income tax return. The IRD assesses each case individually, so thorough record-keeping of transactions and intentions is essential for compliance and accurate tax reporting.

What is the latest staking yield of Ethereum Classic?

Ethereum Classic does not currently offer a staking mechanism. Instead, it operates using a proof-of-work consensus protocol, similar to Bitcoin, which relies on mining rather than staking for network security and validation. As a result, holders cannot earn passive rewards through staking, but miners secure the blockchain and receive ETC as block rewards. This technical foundation can appeal to investors who value decentralized and robust proof-of-work networks.

What is the forecast for Ethereum Classic in 2025, 2026, and 2027?

Based on the current price of $17.12 USD (approximately NZD 27.70), projections for Ethereum Classic in NZD are: end of 2025 – around $41.55, end of 2026 – $55.40, and end of 2027 – $83.10. This outlook reflects growing network activity, increased adoption in DeFi and NFT projects, and its unique position as the largest proof-of-work smart contract platform, which supports its long-term growth potential.

Is it the right time to buy Ethereum Classic?

Ethereum Classic stands out as the leading proof-of-work blockchain supporting smart contracts, benefiting from a capped supply and a recently enhanced technical foundation after the Olympia upgrade. With ongoing expansion in DeFi and NFT ecosystems and increased miner participation following Ethereum’s shift to proof-of-stake, ETC maintains a robust position in the sector. These trends suggest potential for appreciation as the broader adoption of decentralized applications grows.

How are crypto capital gains like Ethereum Classic taxed in New Zealand?

In New Zealand, profits from selling cryptocurrencies, including Ethereum Classic, are typically treated as taxable income if the intention was to make a gain. There's no fixed capital gains tax, but individuals must declare these profits on their income tax return. The IRD assesses each case individually, so thorough record-keeping of transactions and intentions is essential for compliance and accurate tax reporting.

P. Laurore
P. Laurore
Finance expert
HelloSafe
Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.

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