The price of cryptocurrency Ethereum Classic (ETC) for the last seven days rose from $5.50 to $7,30, and the coin placed 16th place in the ranking on CoinMarketCap capitalization. For such growth there are at least 4 reasons, the newspaper writes Cointelegraph.

Next month, the 13th September, in Ethereum Classic to be held update Atlantis, which is aimed at improving the safety interests of the community. Also, the project team intends to improve the functionality and stability ETC.

In addition, on 22 August it became known that the program ETC Labs Studio joins investment group North Block Capital. The companies will work together to create a variety of complex initiatives for the sale of tokens for customers and partners of NBC.

ETC Labs announced a new program “Studio”. Through this initiative the organization seeks to support new projects based on blockchain ETC.

🤔 Additionally, on 3-4 October in Canada will be an annual event Ethereum ETC Classic Summit, which will discuss a number of topics concerning the dynamics of the market, smart contracts, and social problems related to blockchains.