Cronos Price Soars 22% Amid Trump Media Partnership to Launch CRO Treasury – Bulls Eye $0.50
Highlights:
- Cronos price surges 22% to $0.19 as its trading volume skyrockets 1063%.
- This surge follows the strategic alliance with Trump Media and Crypto.com.
- Bulls target $0.21 and above, reinforced by the Golden Cross.
The Cronos price has increased by 22% to $0.1976, signalling intense investor activity. Its daily trading volume has notably spiked 1063% indicating intense market activity. CRO token is now boasting a splendid 38% rise over the past week and 41% over the past month, indicating growing hype.
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The recent rally is attributed to the strategic alliance with Trump Media and Crypto.com. It is expected to contribute to the value and adoption of the cryptocurrency. According to the press release on August 26, 2025, Trump Media will incorporate CRO as a utility token on the Truth Social platform and the new platform Truth+. The collaboration presents a landmark in the evolution of both Cronos and the Truth Social environment.
We’re excited to share that https://t.co/vCNztATkNg and Trump Media have partnered to make $CRO a utility token of the Truth Social platform. In-line with the partnership, Trump Media will purchase approximately $105 million in $CRO for its balance sheet (685,427,004 CRO).… pic.twitter.com/dimycI44yZ
— Crypto.com (@cryptocom) August 26, 2025
The partnership will enhance the broader implementation of CRO among the users of the Truth Social network. This is achieved through introducing new applications and bringing them closer to mass adoption.
Cronos Price Breaks Above a Rising Channel
Market evidence shows heavy trading and an increasing price of CRO due to this partnership, along with increased investor attention. The recent derivatives data of Cronos indicates a surge of 1197.86% in trading volume, rising to $664.77 million. This signals a significant increase in market participants. Open interest has seen a jump up by 82.03% to 99.54 million, adding to the spike in interest towards the asset.
A 24-hour long/short ratio of 1.0096 indicates that the current market sentiment is extremely bullish. This implies that there is no bias on the part of traders, neither long nor short. However, this is a more volatile image portrayed by the data of liquidation. Over the past day, short sellers incurred significant losses, with a total of $621.41K in short positions being liquidated. Traders relentlessly liquidate long positions, as the 1-hour and 4-hour charts roar with activity. In just the 1-hour, $95.19K vanishes in liquidations.
The daily chart outlook portrays a bullish outlook, as Cronos price blasts above a rising channel. The bulls have established strong support around the 50-day ($0.1365) and the 200-day SMA ($0.1013).
The Relative Strength Index (RSI) of 74.61 suggests that the asset is in an overbought zone. This cautions traders that a short-term correction could take place soon. On the other hand, the MACD shows a bullish crossover. This further encourages buyers to continue adding CRO tokens.
How High Can CRO Go?
If the Cronos price holds above the recent support zones, it could charge toward $0.21 or higher in the next few days. Intense buying activity could push CRO to $0.50 by the end of Q4. However, support at $0.15 is crucial. A dip in this key zone may cause further downside to push the price towards the 50-day SMA.
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Emmaculate Araka
Emmaculate Araka is a cryptocurrency writer with published works on Crypto2Community and other news sources. She is believer in the transformative power of crypto and the blockchain industry, conducting on-chain analysis, breaking down market-triggering events, and helping traders and investors benefit from expert technical price analysis. Emmaculate finds gratification in diving deep into the crypto space, earning herself significant knowledge and experience. She holds a Bsc. in Information Science, and outside work, Emmaculate loves reading novels and watching documentaries.
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