Ethereum classic price struggles as BDAG forecasts skyrocket.
Ethereum Classic price prediction markets appear to be shifting further towards the bearish side in 2025 and beyond. Ever since Ethereum Classic (ETC) was created following a fork of the Ethereum network in 2016, which occurred following the infamous DAO hack, the project has struggled to keep pace with its larger counterpart.
Ethereum Classic is a Layer-1 blockchain that supports smart contracts and decentralized applications (dApps). It uses a Proof-of-Work (PoW) consensus mechanism, similar to Bitcoin, where miners use their computing power to validate transactions, unlike Ethereum, which uses Proof-of-Stake (PoW) since the merge.
While ETC price predictions have tumbled, the market appears more bullish on BlockDAG than ever before. This contrasting sentiment reflects the different trajectories of the two projects, with BlockDAG gaining momentum in its presale phase while ETC faces challenges in a competitive Layer-1 market.
This article will compare the two projects and break down the leading price predictions for 2025 and beyond, exploring the factors that contribute to the contrasting outlooks for Ethereum Classic and BlockDAG.
Ethereum Classic vs. BlockDAG
Ethereum Classic and BlockDAG have plenty in common and even more differences. It’s important to understand what separates these two projects when considering how the price prediction forecasts are likely to play out in the coming years.
Ethereum Classic emerged in 2016 following a hard fork of the Ethereum blockchain. This fork occurred due to disagreements within the Ethereum community regarding the handling of a major hack known as the DAO attack. Ethereum Classic maintained the original, unaltered blockchain, while Ethereum implemented changes to reverse the effects of the hack.
Technically, Ethereum Classic is a Layer-1 blockchain that supports smart contracts and decentralized applications (dApps). It utilizes a Proof-of-Work (PoW) consensus mechanism, similar to Bitcoin, where miners use their computing power to validate transactions and secure the network.
While both Ethereum Classic and BlockDAG are Layer-1 blockchains, they differ significantly in their consensus mechanisms, mining ecosystems, and overall maturity. Ethereum Classic relies on a traditional PoW system, while BlockDAG employs a hybrid approach combining PoW and DAG technology. This allows BlockDAG to achieve higher transaction throughput and faster confirmation times.
ETC’s price has performed poorly over the past few years.
Ethereum Classic Price Forecasts for 2025 and 2030
Although ETC has fallen from the top cryptocurrencies, and it has no chance of flipping Ethereum (ETH), it is still a well-established project. It has a market capitalization of over $3 billion, and there’s still a considerable mining community. Let’s take a look at some of the top price predictions for ETC:
CoinCodex: They have issued a bullish prediction for ETC. They forecast its price to more than double from its current price point by the end of 2025, with targets set above $40. Interestingly, they don’t expect the rally to last, with their average 2030 price prediction set below $30.
Changelly: The average price prediction for the end of 2025 is fairly bullish, with a $28 target. However, in the long term, they are very bullish on ETC, with a target for 2030 above $150.
CoinPedia: This site has predicted ETC to hit $40 in 2025 and over $100 by the end of the decade.
BlockDAG Price Predictions for 2025, 2030, and Beyond
There’s no doubt that the BlockDAG project has built up a massive amount of hype over the past year. The presale has raised nearly $200 million, and over $6 million worth of miners have been sold. Let’s check out the leading price targets set by crypto analysis websites:
CoinGabbar: They have taken a bullish position on BDAG. For 2025, they expect the presale to continue growing and for the coin to reach up to $0.25. By 2030, they see BDAG trading as high as $5, which would be an enormous gain from the current presale price point of $0.024.
TheNewsCrypto: Arguably, this is one of the most bullish predictions, with a target of $20 set for 2027.
BlockOnomi: The analysts here expect BDAG to reach over $10 by 2025 and possibly even reach $30 by 2030, which would mark an astounding level of returns from the current price point.
Final Thoughts
There’s no doubt that Ethereum Classic is still alive and kicking despite its tiny market capitalization compared to Ethereum. The price predictions suggest that there is still room for growth with ETC, but it does appear to be fairly limited, with even the most optimistic projections suggesting a 2X at best in the next few years. BlockDAG’s price predictions do appear to be far more bullish, with several sites predicting $5 by 2025 and possibly more than $10 by 2030.
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