The price of the Cronos (CRO) token surged 39.9% in the past 24 hours, breaking through $0.2218.
The token rallied after Cronos announced that the asset would be included in the Crypto Blue Chip ETF portfolio filed by Trump Media & Technology Group with the United States Securities and Exchange Commission (SEC).
The ETF will trade on NYSE Arca and include five major cryptocurrencies: Bitcoin (70%), Ethereum (15%), Solana (8%), Cronos (5%), and XRP (2%).
Trump Media’s $6.4B CRO treasury initiative
As part of its long-term strategy, Trump Media will purchase 685 million CRO tokens worth $105 million to be added to the company’s balance sheet.
Furthermore, they are partnering with Crypto.com and Yorkville Acquisition Corporation to form a new entity called Trump Media Group CRO Strategy, which will act as a digital treasury company.
The funding structure of this entity is substantial at $6.4 billion, consisting of $1 billion in CRO tokens, $200 million in cash, $220 million in warrants, and a credit facility of up to $5 billion. The combined entity is planned to be listed on the NASDAQ through a SPAC merger under the ticker symbol “MCGA.”
CRO will also be used as a utility token on Trump Media’s Truth Social and Truth+ platforms, allowing users to exchange digital points for CRO tokens to obtain various exclusive benefits. This strategy expands CRO’s potential adoption beyond just an investment asset.
Cronos price surge
The inclusion of CRO in the ETF immediately sparked a strong market reaction. The product will use Crypto.com as its asset custodian, directly linking CRO to Trump Media’s digital expansion strategy.
CRO’s larger placement than XRP and parallel to Solana reinforces CRO’s new image as a leading (blue chip) altcoin that is now gaining significant institutional exposure.
Technically, CRO’s Relative Strength Index (RSI-7) is currently at 75.50, indicating overbought conditions. However, the MACD indicator shows bullish divergence, strengthening the potential for a continuation of the uptrend.
CRO also successfully broke through the 61.8% Fibonacci retracement resistance level at $0.1569 and is now targeting a target of $0.236, which represents a projected 127.2% extension.
Cronos repeats 2021 pattern as analyst targets $1 return
Amid market euphoria, popular crypto analyst T$T stated that the altcoin price pattern in 2025 closely resembles the 2021 rally, which saw the token price rise from $0.20 to $1.00.
This statement added to the positive sentiment, reinforcing the market’s perception that CRO has room for further upside.
Meanwhile, technologically, the Cronos network has also shown significant improvements. A major upgrade in July 2025 reduced block times to less than one second, supporting efficient performance for DeFi and AI applications.
The network’s Total Value Locked (TVL) rose to $710 million, a 20% month-on-month increase. The stablecoin supply also rose to $168 million, signaling healthy ecosystem growth.
CRO’s daily trading volume also surged by over 1,400%, while derivatives platform GMX added perpetual trading support for CRO, increasing access and liquidity.
According to Cronos price predictions, the token could potentially reach $8.46 in under two weeks. However, it will have to stay above $6.09 and break past the resistance at $7.59.
Conversely, if the support level at $6.09 fails, the cryptocurrency could see a drastic fall to the next support level at $4.77.