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The Ethereum Classic price soared 16% in the past 24 hours to trade at $24.24 as of 4:55 a.m. EST, with trading volume surging 154% to $974 billion.
This rise in the ETC price comes as BlackRock seeks to add staking to its iShares Ethereum Trust (ETHA). This would allow the fund to earn rewards by validating transactions on the Ethereum network, according to an amended 19b-4 filing submitted by Nasdaq on Thursday.
The update signals that BlackRock is aiming to go beyond simple ether (ETH) exposure and participate in Ethereum’s proof-of-stake consensus system.
As a result, investors will have indirect exposure to ETH, pushing its adoption and price even higher.
Ethereum-related tokens, such as ETC, could subsequently receive a boost from the increased exposure. Can the ETC price keep soaring as a result?
Ethereum Classic Price Aims For A Sustained Surge
The ETC price has recently broken out of a falling channel pattern, signaling a significant shift in trend.
After weeks of consolidation and decline, the breakout above both the 50 and 200 Simple Moving Averages (SMAs) on the 4-hour chart marked a bullish reversal.
The Ethereum Classic price has surged parabolically from under $17 to over $24, confirming strong upward momentum and a potential change in market sentiment, as GeckoTerminal data shows.
Meanwhile, the Relative Strength Index (RSI) is at 84.88, deep into overbought territory. This indicates heightened buying pressure but also suggests the possibility of a short-term pullback.
With the current outlook turning positive as a result of the surge above the rising channel, the price of ETC is likely to continue its upward momentum in the near term, targeting prices above the $30 level.
However, the extreme RSI reading may lead to short-term consolidation around the $22–$24 zone before any move higher.
If the bears break below this level, the 50 SMA at $18.32 could act as the next major support.
In the meantime, investors are rotating funds into Best Wallet (BEST), which popular YouTube channel 99Bitcoins, with over 723K subscribers, says is one of the cryptos that could potentially soar 100X after launch.
Best Wallet Presale Nears $14M — Investors Eye 100X Potential
The non-custodial, multi-chain wallet has raised over $13.98 million in its ongoing presale, with daily inflows signaling strong investor confidence.
Launched in late 2024, Best Wallet has rapidly gained traction, boasting over 250,000 monthly active users. Its sleek, user-friendly interface supports more than 60 blockchains. This includes Bitcoin, Ethereum, and soon Solana, making it a one-stop hub for investors looking to manage diverse crypto portfolios.
The wallet also integrates with over 200 decentralized exchanges (DEXs) and 20 cross-chain bridges, ensuring competitive pricing and seamless transactions.
What sets Best Wallet apart is its ecosystem, which is powered by the BEST token. Holders unlock additional perks such as reduced trading fees, enhanced staking rewards, currently offering a dynamic 98% APY, and governance rights.
The wallet’s “Upcoming Tokens” feature is a game-changer and has already spotlighted presale gems like Pepe Unchained (PEPU), which surged 700%, and Catslap (SLAP), which skyrocketed 7,000% at its peak.
Alpha doesn’t wait. Neither should you. 🎯
Upcoming Tokens in Best Wallet puts early-stage projects in your hands. 🌐
1️⃣ See what’s trending before the crowd
2️⃣ Learn about each project with in-app info
3️⃣ Buy and track your tokens all in one placeDownload Best Wallet today!… pic.twitter.com/SQofs9A6Na
— Best Wallet (@BestWalletHQ) July 1, 2025
Best Wallet also caters to iGaming enthusiasts. It offers exclusive perks like free spins and deposit bonuses through partnerships with top platforms.
Its crypto debit card, Best Card, enables real-world spending as well, while fiat on-ramping via MoonPay and Alchemy Pay supports over 100 currencies.
Security is a top priority, with Best Wallet leveraging Fireblocks’ MPC-CMP technology and a Coinsult audit confirming its robust code. No KYC requirements further enhance user privacy, appealing to Web3 purists.
With the presale nearing the $14 million milestone, investors can buy BEST via the official website or app using ETH, USDT, or a bank card.
Priced at $0.025345, BEST tokens are set for a price hike in around 6 hours. Therefore, investors who want to lock in the best presale rate will want to act fast.
Visit the Best Wallet website to learn more.
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