Cronos (CRO), the native token of Crypto.com, surged over 32% in 24 hours, hitting $0.1098 following a high-profile announcement that Trump Media and Technology Group is partnering with Crypto.com to develop crypto-focused ETFs. The strategic collaboration aims to launch ETFs featuring Cronos, Bitcoin, and other U.S.-based cryptocurrencies, and has triggered a wave of bullish momentum across the CRO ecosystem.
📰 Trump Media x Crypto.com Partnership Ignites Price Rally
- The partnership was revealed as part of a plan to develop U.S.-centric cryptocurrency ETFs.
- Crypto.com will serve as the official token supplier for ETFs featuring Bitcoin, Cronos, and other top U.S.-based tokens.
- While still in early stages, the announcement sparked a wave of investor enthusiasm, pushing CRO up over 32% in 24 hours.
📈 CRO Stats (24-Hour Snapshot)
- Price: $0.1098
- Market Cap: $2.92 billion (+32.54%)
- Trading Volume: $288.3 million (up 1341%)
(Source: CoinMarketCap)
⚙️ zkEVM v26 Upgrade Adds Fuel to the Rally
In addition to the Trump ETF announcement, CRO’s surge is being supported by its upcoming zkEVM v26 mainnet upgrade, scheduled for Wednesday. Key features include:
- Simplified Wallet Access: Users can now sign in using Google, Apple ID, or email, eliminating the need for seed phrases.
- ZK Gateway Integration: Enhances cross-chain communication and transaction speed, boosting usability and scalability.
These upgrades aim to make Cronos more accessible and user-friendly, which in turn is attracting more developers and retail users.
📊 Cronos Price Prediction: What’s Next for CRO?
- CRO broke through key resistance at $0.10, a psychologically significant level.
- If it holds above this line, analysts expect a potential rally to $0.133, which aligns with the previous local high from January 31.
- RSI stands at 71, signaling the asset is slightly overbought, and a pullback could occur before another leg up.
“CRO’s momentum is bullish, but traders should watch for short-term consolidation due to overbought conditions,” one technical analyst noted.
📈 Market Sentiment: Pro-Crypto Trump Boosts Confidence
Trump’s involvement in the crypto ETF space is boosting investor confidence not just in CRO, but also in the broader U.S. crypto market narrative. His “Made in America” ETF approach, although potentially controversial with regulators, is striking a chord with U.S.-based investors and crypto advocates alike.
Hidden Insight
The Crypto.com-Trump partnership could mark the beginning of politically aligned crypto ETFs—where blockchain firms team up with political brands to appeal to domestic investors. CRO’s explosive move may be a preview of a new ETF-driven token class, blending brand narrative and token economics.