Why is CRO price up over 50% today? Bulls target $0.40

CRO prize rose for the third consecutive day and in the last 24 hours more than 50% rose when the investors continued to attract interest, powered by the recent CRO-oriented Treasury Initiative, Whale Accumulation and other supporting factors.

According to data from crypto.news, Cronos (CRO) collected 76% to an intraday height of $ 0.37 before setting himself on the $ 0.33 press. The price of token has been a parabolic meeting in the last three days, with almost 106% won during the period and now maintain around 350% above its low to date.

The ranking of the market also rose when it briefly rose the 16th largest crypto assets from Market Cap earlier today before he settled at 21st with a rating of $ 11.2 billion.

CRO’s profit Today was also supported by an increase in daily trade volume, which more than doubled from the previous day to reach $ 2.29 billion. The majority of the volume came from Upbit, followed by crypto.com and Coinbase exchanges.

The price of Cronos has been parabolic in recent days, driven by various important factors, the most prominent one is the recent announcement of a $ 6.4 billion deal between Trump Media, Crypto.com and Yorkville Acquisition Corp to form a crypto treasury company aimed at collecting CRO.

The partnership includes more than $ 1 billion in direct CRO purchases and integrates CRO to integrate into the Trump Media platforms and both a payment option and a reward mechanism.

Another important factor that played a major role today in the CRO price destination is the recent unveiling of the Roadmap 2025-2026 of the Cronos team, which outlines plans to scale its ecosystem on the chain and stimulate the acceptance of the users.

Moreover, whales have shown a strong interest in CRO in recent days. For each data from Santiment, the number of addresses that contains approximately 10,000 to 10 million CRO tokens has increased over the past three days. Such whale accumulation often drives Retail FOMO, whereby investors jump in the expectations of further price rating.

Derivatives facts Suggesting that the rally is also powered by Futures activity, whereby open interest reaches a record high of $ 181 million. In the meantime, the weighted financing speed has been reduced to positive and the long/short ratio remains above 1, both signs that Bullish sentiment continues to dominate the market.

Even on-chain statistics seem strong to Cronos. According to data from DefillamaThe total value locked in the Defi Ecosystem of Cronos has risen 27% to $ 1.24 billion in the last day, while the total market capitalization of stablecoins on the network has risen by 9% to $ 183 million in the past week.

In addition, the income generated by its Defi applications rose from $ 63,800 last week to $ 225,000 this week, with more than $ 100,000 registered in the last 24 hours alone.

Together, these statistics point to the accelerating of user activity and capital inflow in the Cronos ecosystem, which today supported the profit of CRO and also suggests that the rally could expand in the coming days.

CRO Price Analysis

CRO has recorded three consecutive bullish candlesticks on the daily graph, which indicates a strong up -like momentum.

At the time of the press, technical indicators continue to indicate a short -term continuation of this bullish trend. The Supertrend indicator has turned Bullish and shows a green signal line under the current price, usually interpreted as a purchase signal.

Moreover, the MACD line above the signal line has been exceeded, accompanied by the expansion of green histogram staves, which enhances the upward momentum.

In view of this setup, CRO Bulls will probably focus at $ 0.40 at the psychological resistance level. A decisive outbreak above this threshold could open the path for further profit.