PASS

Ethereum Classic (ETC)

Original Ethereum chain. PoW consensus. Smart contract compatible.

Ranked 192nd of 251 rated tokens. Scoring pass 11 Jun 2026.

Score
90/250
192nd of 251
Percentile
23.9%
of the rated universe
Circulating
74.9%
25.1% of value still to vest
Off all-time high
-96.2%
26.3x to recover
ETCNative L1+90 since last pass
01

What the numbers say

ETC scores 90 of 250 across the 25-variable framework, which places it 192nd of 251 rated tokens and inside the bottom quartile of the set. The framework verdict is PASS.

ETC is a top-10 name in the set on one variable. The score rests on Holder Concentration 5/10, 10th of 251, Insider Selling 6/10, 21st of 251, Exchange Depth 6/10, 37th of 251 and Institutional Adoption 4/10, 71st of 251.

Against the same universe, ETC sits in the bottom third on Real Staking Yield 1/10, 226th of 251, Buyback and Burn 1/10, 205th of 251, Revenue Trend 2/10, 191st of 251 and TVL Trend 2/10, 189th of 251. These are the variables that would have to move for the verdict to change.

Only 74.9% of ETC's maximum supply is in circulation, so 1.34x the current float is still scheduled to arrive. Holding price per token flat while the rest enters circulation implies 25.1% of the fully diluted value sitting ahead of today's holders. That is a real but manageable overhang.

ETC trades 96.2% below its all-time high of $167.09. Recovering that level is a 26.3x move, not a 96.2% one, which is the arithmetic most drawdown charts hide.

The framework score gained 90 points against the previous pass (0 to 90). Revisions of this size follow a change in the underlying variables, not a change in price.

02

25-variable breakdown

Each variable is scored 1 to 10 and ranked against every other rated token, so a 7 that ranks 20th means something different from a 7 that ranks 180th. The rank is the part that is hard to get anywhere else.

Cash flow

Cash flow variables for ETC, scored 1 to 10 and ranked against 251 tokens
Protocol Revenue
2166th of 251
Revenue Trend
2191st of 251
P/S Multiple
4104th of 251
Real Staking Yield
1226th of 251

Supply

Supply variables for ETC, scored 1 to 10 and ranked against 251 tokens
Supply Inflation
4146th of 251
Vesting Schedule
5100th of 251
Circulating / FDV Ratio
5135th of 251
Buyback and Burn
1205th of 251

Ownership

Ownership variables for ETC, scored 1 to 10 and ranked against 251 tokens
Smart Money Flows
3149th of 251
Insider Selling
621st of 251
Holder Concentration
510th of 251

Traction

Traction variables for ETC, scored 1 to 10 and ranked against 251 tokens
TVL Trend
2189th of 251
Active Users
3149th of 251
Developer Activity
4158th of 251
Network Growth
3156th of 251

Position

Position variables for ETC, scored 1 to 10 and ranked against 251 tokens
Market Share
3131st of 251
Competitive Moat
4114th of 251
Institutional Adoption
471st of 251
Exchange Depth
637th of 251
Social Mindshare
486th of 251

Risk

Risk variables for ETC, scored 1 to 10 and ranked against 251 tokens
Regulatory Safety
5102nd of 251
Catalyst Calendar
3158th of 251
BTC Alpha Potential
3114th of 251
Team Execution
4147th of 251
Treasury Runway
4181st of 251

The vertical tick on each bar marks the median score across all 251 rated tokens, so a bar ending left of the tick is below the universe on that variable.

03

Catalyst and risk

Next catalyst

PoW narrative revival; potential ETF speculation as Bitcoin alternative.

Principal risk

Low developer activity vs. ETH; 51% attack history concerns.

04

Market and supply

Price$6.41
Market cap$1.01Brank 64
All-time high$167.096 May 2021
Circulating supply157,757,311
Eventual supply (max supply)210,700,000
Dilution to full supply1.34x
Listed onBinance, Coinbase, Kraken

Price, market cap, supply and all-time high from CoinGecko, fetched 6 Aug 2026. The 25 scores come from the research pass dated 11 Jun 2026 and don't move with price.

05

Tokens with a similar profile

These are the closest matches to ETC measured on the shape of all 25 variables after removing overall quality, so what they share is a pattern of strengths and weaknesses rather than a similar size or price.

07

Common questions

What is the Early Thunder score for Ethereum Classic (ETC)?
ETC scores 90 out of 250 on the 25-variable framework, ranking 192nd of 251 rated tokens (bottom quartile). The framework verdict is PASS.
What are ETC's strongest fundamentals?
ETC ranks highest on Holder Concentration 5/10, 10th of 251, Insider Selling 6/10, 21st of 251, Exchange Depth 6/10, 37th of 251 and Institutional Adoption 4/10, 71st of 251. Ranks are measured against all 251 tokens in the same scoring pass.
What are the weakest parts of the ETC thesis?
ETC scores in the bottom third of the universe on Real Staking Yield 1/10, 226th of 251, Buyback and Burn 1/10, 205th of 251, Revenue Trend 2/10, 191st of 251 and TVL Trend 2/10, 189th of 251. The single risk carried on the scorecard is: Low developer activity vs. ETH; 51% attack history concerns.
How much ETC supply is still to enter circulation?
74.9% of eventual ETC supply is circulating today, leaving 1.34x the current float still to arrive. At a flat price per token that is 25.1% of fully diluted value ahead of current holders.
How far is ETC from its all-time high?
ETC trades 96.2% below its all-time high of $167.09. Returning to that high requires a 26.3x move from the level used in this scoring pass.
Which tokens have a similar profile to ETC?
Measured on the shape of all 25 scored variables rather than on price, the closest matches to ETC are RVN (74), YGG (95), LTC (102) and APE (102). Similarity here means the same pattern of strengths and weaknesses, not a similar market cap.
What is the next catalyst for ETC?
PoW narrative revival; potential ETF speculation as Bitcoin alternative.

Keep reading

Research and analysis, not investment advice. Scores are one framework applied consistently across 251 tokens, not a prediction of price.