Ethereum Classic (ETC) quotes rose above $ 107 (according to CoinGecko), setting a new all-time high.
On Binance US, the price of the coin reached $ 150 at the moment.
Over the past seven days, the asset has risen in price by 200%. The capitalization of the largest Ethereum fork has exceeded $ 13.3 billion, in the ranking according to this indicator it has risen to 16th place.
Against the background of the growth of the Ethereum Classic rate, the value of assets under the management of the Grayscale trust based on the coin exceeded $ 1 billion for the first time.
– Ethereum Classic (@eth_classic) May 5, 2021
During the current season of altcoins, several of the largest cryptocurrencies in terms of capitalization have already set new price records.
On May 4, the Ethereum price broke through the $ 3,500 mark. The day before, Binance’s BNB token reached a new high above $ 670, and Uniswap quotes approached the $ 45 level.
On May 5, Chainlink’s price reached $ 50.
Recall that in August 2020, the Ethereum Classic network underwent a series of 51% attacks. The damage from the first of them was estimated by analysts at $ 5.6 million, the second – at $ 1.68 million. The third incident occurred at the end of the month.
In December, a planned Thanos hard fork took place on the network, designed to improve the security of the cryptocurrency.
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