Cronos CRO Price Surges 76% on ETF Rumors and Network Upgrades

CRO, the native token of the Cronos blockchain, has surged by 76% in the past 30 days amid growing speculation about the potential approval of an exchange-traded fund (ETF) backed by the asset. As of August 6, 2025, the token trades at around $0.1437, with a market capitalization of $4.66 billion and a daily trading volume of approximately $34 million. The uptick follows the submission of a CRO-based ETF application by Crypto.com in partnership with Canary Capital, sparking discussions about possible institutional adoption and inflows [1].

The network’s recent technical upgrades have also contributed to increased interest in CRO. In July, Cronos launched the POS Chain v6 upgrade, which included integration with the Cosmos SDK, optimization of RocksDB, and support for IBC-go. These improvements have enhanced the network’s transaction efficiency and bolstered participation in decentralized finance (DeFi) protocols. Total value locked (TVL) on Cronos rose to $710 million in July, up from $640 million the previous month [1].

At the same time, decentralized exchanges on the Cronos network experienced a surge in transaction volume, reaching $142 million in July compared to $76 million in June [1]. Analysts have noted that chart patterns, such as a golden cross and a bullish pennant, suggest further upward momentum if the current buying pressure persists. Technical projections indicate that CRO could potentially move toward $0.20 if the bullish trend continues [1].

Retail and institutional interest has also been evident through increased social engagement and staking activity. On platforms like LunarCrush, CRO recorded thousands of social mentions in July, signaling strong retail participation. Staking rewards on Cronos continue to attract long-term holders, adding to the token’s utility and appeal [1].

Despite the recent gains, CRO remains well below its historical high of $0.9698, which was reached in November 2021. While the current market remains more cautious than in prior bull cycles, the combination of rising TVL, ETF discussions, and favorable technical indicators has positioned CRO as a token with potential for further upside in the second half of 2025 [1].

Cronos occupies a unique position in the crypto market—neither among the largest assets by market capitalization nor a complete underdog. Its consistent upgrades, growing TVL, and renewed institutional attention have provided a strong foundation for sustained interest. Investors monitoring DeFi activity and ETF developments may view CRO as a strategic addition to a diversified crypto portfolio [1].

Source:

[1] ETF Rumors Catapult Cronos (CRO) Price 76% – Can Bulls Drive It Above $0.20 Next? (https://cryptonews.com/news/cronos-cro-jumps-76-percent-etf-rumors-20-cent-target/)