Previous close | 40.35 |
Open | 40.35 |
Day's range | 40.20 - 41.10 |
52-week range | 12.60 - 77.07 |
Start date | 2016-07-24 |
Algorithm | N/A |
Market cap | 5.509B |
Circulating supply | 136.41M |
Max supply | N/A |
Volume | |
Volume (24 hrs) | 1.17B |
Volume (24 hrs) all currencies | 1.17B |
“Based on the fundamentals, it's unlikely Ethereum Classic has any long-term viability,” Messari wrote in a report.
Ethereum’s long-awaited transition from a proof-of-work to proof-of-stake-based consensus system is just over the horizon, and the anticipation has created a bullish narrative for the smart-contract platform. On July 27, a longtime Ethereum investor and miner named Chandler Guo tweeted “ETH PoW coming soon”: a declaration, in brief, that Guo would lead his fellow miners to continue supporting the current proof-of-work based Ethereum chain after the system change known as the Merge. There are some rational arguments for a continued ETH PoW chain, and it would certainly be a fascinating experiment if it goes forward.
The latest price moves in crypto markets in context for July 29, 2022.