Cronos (CRO) on the Rise: Upgrade, Partnerships, and Price Surge

Cronos is the leading Ethereum-compatible layer 1 blockchain network built on the Cosmos SDK, supported by Crypto.com and more than 500 app developers and partners. Cronos is an Ethereum-Virtual Machine (EVM) compatible blockchain powered by Ethermint and built with the Cosmos SDK that supports the Inter-Blockchain Communication (IBC) protocol.

zkEVM v26 Upgrade Fuels Price Rally

Cronos (CRO) will be upgrading to its zkEVM v26 Mainnet on March 26, 2025, at 07:00 AM UTC, leading to a 17% two-day price surge. The upgrade adds Smart Account SSO, which streamlines user logins, and forms the ZK Gateway Foundation for improved interoperability. This rally is also driven by a collaboration between Crypto.com and Trump Media & Technology Group to introduce ETFs for U.S.-originated cryptocurrencies, such as CRO. Technical analysis shows CRO broke above the $0.089 barrier, going up to $0.11, with heavy buying pressure. While there may be short-term volatility caused by upgrade downtime and overbought conditions, the long-term potential is dependent on adoption and reception by the community.

Crypto.com and Trump Media Forge ETF Partnership

Trump Media & Technology Group (TMTG) has issued a non-binding agreement with Crypto.com to introduce exchange-traded funds (ETFs) under its Truth. Fi brand, targeting digital assets such as Bitcoin (BTC) and Cronos (CRO), and conventional securities carrying a "Made in America" theme. Backend technology, custody services, and cryptocurrency inventory will be provided for the ETFs by Foris Capital US LLC on behalf of Crypto.com. The ETFs would seek to come in the U.S., Europe, and Asia through Crypto.com's platform when it gets approval from regulators. TMTG would put as much as $250 million to develop its presence in fintech through this operation.

Transaction Volume Surge Signals Market Activity

Transaction Volumes: Over the last 24 hours, transaction volumes have witnessed a surge with about 73.16 million CRO tokens exchanged. The rise shows increased market activity but also uncertainty due to smaller investors responding to whales' actions

CROUSD surged more than 50% in the past three days. It holds above the short-term (34 and 55 EMA) and above the long-term moving average. It hit a high of $0.12 and is currently trading around $0.1086.

The bullish invalidation can happen if the pair closes below $0.0680. On the lower side, the near-term support is $0.770. Any break below targets $0.0680. Any breach below $0.0680 targets $0.050.

The pair's near-term resistance is around $0.12. Any breach above confirms minor bullishness. A jump to $0.15/$0.20/$0.2335 is possible. A surge past $0.25 will take it to $0.50/$0.69/$0.78.

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 It is good to buy on dips around $0.100 with SL around $0.0675 for TP of $0.2330.

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