RATE Group | Ethereum Classic (ETC) daily transactions close to 50K – A good sign for the future!
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Ethereum Classic (ETC) daily transactions close to 50K – A good sign for the future!

31 Jul Ethereum Classic (ETC) daily transactions close to 50K – A good sign for the future!

Posted at 15:06h in Ethereum News by

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Ethereum Classic (ETC)

In the last few weeks, there has been an increased sense of positivity in the crypto market. While this has not yet caught up with most coins, Bitcoin (BTC) and Ethereum Classic (ETC) are increasingly turning bullish.  Bitcoin is mainly driven by the possibility of a CBOE ETF, while Ethereum classic (ETC) is gaining momentum due to the upcoming Coinbase listing.

Investors are taking positions in Ethereum Classic, as they await the pump that will come after it’s listed. This has led to an increase in transaction rates, and they are now approaching those of January, at the height of the crypto pump. Currently, transaction rates are at 48,000 a day, and if this rate of growth continues, Ethereum Classic will very soon hit 100k transactions a day.

But is Coinbase the only reason why Ethereum Classic transactions are on the rise?  Well, a quick look at all the projects that Ethereum Classic is working shows that this increase in transactions in driven by…

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