TL;DR
- Cronos (CRO) has surged dramatically, with its price reaching $0.3379 after climbing 28.23% in the last 24 hours and 136.02% over the past week.
- The token’s market capitalization now sits at $11.35 billion, supported by trading volumes of $2.5 billion, a 163% increase.
- CRO’s strong momentum is fueled by new partnerships, ETF prospects, and growing institutional interest, making it a major breakout token in 2025.
Cronos (CRO) has recorded one of its most impressive rallies, with the current price at $0.3379. In the last 24 hours, CRO surged 28.23%, while over the past week it has gained 136.02%, reflecting exceptional bullish momentum. This spike follows the announcement of a partnership between Crypto.com and Trump Media Group, which plans to establish a $6.42 billion Cronos treasury. This includes purchasing roughly 685 million CRO tokens, adding about $105 million to the company’s balance sheet.
Several market analysts attribute this surge to growing investor confidence in CRO’s expanding ecosystem. The combined effect of institutional adoption, mainstream media exposure, and potential ETF inclusion has created a sense of urgency among traders. Social media sentiment has also fueled speculation, attracting retail investors eager to participate in the rapidly appreciating token. Additionally, strategic announcements regarding staking rewards, utility integration across multiple platforms, anticipated protocol upgrades, and growing developer support are steadily increasing daily usage and long-term demand.
Trump Media & Technology Group has also filed for a Crypto Blue Chip ETF with the SEC, including CRO alongside Bitcoin and Ethereum. While SEC approval is pending until October 8, optimism remains high, especially as Crypto.com will act as custodian for the fund. Analysts note these developments could attract institutional flows, strengthening CRO’s market position.
CRO Breaks Key Resistance And Shows Strong Technical Signals
From a technical perspective, CRO surpassed the critical $0.25 resistance with an RSI of 84.56, indicating overbought conditions but confirming strong momentum. Daily trading volumes reached $2.5 billion (+163%), with Fibonacci extensions suggesting near-term targets between $0.33 and $0.45. Traders are closely monitoring for potential pullbacks, but the current FOMO-driven sentiment continues to drive CRO upward.
The token’s inclusion in a regulated ETF and adoption as the utility token for the Truth Social platform highlight real-world use cases, enhancing its appeal to investors. With a market cap of $11.35 billion, CRO’s breakout also boosts broader wallet token markets, including Best Wallet (BEST), which is gaining attention through ongoing presales, ecosystem expansion efforts, and increasing developer participation.
