Ethereum Classic (ETC) - Fundamental Analysis August 2026

Here's the latest on Ethereum Classic (ETC) – the original Ethereum chain preserving immutability and PoW consensus: • ETC is the unaltered Ethereum blockchain from the 2016 DAO fork, championing "Code is Law" and transaction immutability (July 2016) • Market cap ~$1.05B with price at $6.68, ranking 78th – mid-cap with modest DeFi activity of only ~$74K TVL (01 Aug 2026) • ECIP-1017 sets ~210.7M ETC max supply with 20% block reward cuts every 5M blocks (5M20 schedule) • Olympia upgrade proposed for 2026 – introduces EIP-1559 fee markets and on-chain treasury to fund development • Network uses Etchash PoW algorithm with ~140-171 TH/s hashrate, recovering from 51% attacks in 2019-2020 via