CRO testuje pásmo 0,055–0,056 USD, zatímco oživení naráží na rezistenci v pásmu 0,058–0,060 USD. Podle Tokenomistu je další odemčení 1,2 miliardy CRO plánováno na 16. listopad.
Cronos [CRO] went down toward the $0.056 price area on October 22, giving back most of the recent recovery it saw. The daily chart showed it near the $0.05609 price area, down about 3.69% from the price it started trading from.
The pullback it saw leaves buyers defending the $0.055–$0.056 area while another scheduled token release approaches in November. Holding this range could allow it to try a fresh recovery attempt, but it still faces a hurdle near $0.060.
CRO’s recovery runs into trouble CRO climbed toward the $0.070 price area in late September, but that advance gave way to a steady October decline as it couldn’t hold it. Its recent attempts to recover have struggled around the $0.058–$0.059 price area.
The latest trend at the time of this writing brought the price back toward the lower end of its recent trading range.
Source: TradingView CRO also traded below its displayed moving averages. Three of those lines were around the $0.060 price area, making that area into a potential obstacle to recovery.
Trading volume has dropped compared with September’s rally. This means that participation has become quieter, which is a sign that there is no evidence of a strong buying return.
Another token unlock approaches Tokenomist’s data shows that about 1.2 billion CRO was unlocked from the Cronos Strategic Reserve on October 17. The platform says that it is about 2.3% of the circulating supply.
Another release of about the same size is set to happen on November 16, according to Tokenomist.
These figures add context to the supply that will increase in the coming weeks, but an unlock does not mean that the tokens were sold. CRO’s decline also began before October 17, so the broader price fall and the unlock are not likely to be related.
Source: Tokenomist Tokenomist separately reports that 228 million CRO were burnt over the past 30 days.
The levels that could shape CRO’s next move The immediate question is whether CRO can hold $0.055–$0.056. Its price could weaken further if it closes around that area, followed by difficulty recovering it.
If this happens, it could find support around the $0.053–$0.054 price area.
For it to recover, it will first need to move to the $0.058 price area and then the $0.060 price area. Holding above the latter would improve its trend, and bring the $0.065 area into consideration.
For now, CRO remains below those recovery levels, and buyers are finding it hard to establish a sustained turnaround.
Final Summary CRO is testing $0.055–$0.056, while recovery faces resistance around $0.058–$0.060. Tokenomist lists another 1.2 billion CRO unlock for November 16; the schedule does not confirm selling.
Cronos 17. října odemkne pro strategickou rezervu 1,17 miliardy tokenů CRO v hodnotě 70,85 milionu USD; Tokenomist tyto údaje označil za neověřené projekce.
The crypto market will welcome tokens worth $845.8 million in the third week of October 2026. Major projects, including Cronos (CRO), Arbitrum (ARB), and Starknet (STRK), will release significant new token supplies.
These unlocks could introduce market volatility and influence short-term price movements. So, here’s a breakdown of what to watch.
1. Cronos (CRO) Unlock Date: October 17 Number of Tokens to be Unlocked: 1.17 billion CRO Released Supply: 49.97 billion CRO Total Supply: 100 billion CRO Cronos is a Layer-1 blockchain ecosystem developed alongside Crypto.com. It runs an EVM-compatible chain, Cronos EVM, and a Cosmos SDK-based chain, Cronos POS. CRO is the network’s native token, used for transaction fees and staking.
On October 17, Cronos will unlock 1.17 billion CRO worth $70.85 million. The tokens account for 2.33% of the released supply.
CRO Crypto Token Unlock in October. Source: TokenomistThe entire release will go to a single allocation, the Cronos Strategic Reserve.
2. Arbitrum (ARB) Unlock Date: October 16 Number of Tokens to be Unlocked: 92.65 million ARB Released Supply: 5.95 billion ARB Total Supply: 10 billion ARB Arbitrum is a Layer-2 scaling solution built for Ethereum (ETH). It enhances transaction speed and reduces costs while maintaining the security of the Ethereum network.
The blockchain achieves this by utilizing ‘optimistic rollups,’ which process transactions off-chain and submit them to the Ethereum mainnet for validation.
On October 16, Arbitrum will unlock 92.65 million tokens into the market. The tokens are worth $18.40 million and represent 1.56% of the released supply.
ARB Crypto Token Unlock in October. Source: TokenomistArbitrum will award 56.13 million ARB from the unlocked supply to the team, future team, and advisors. Moreover, investors will gain 36.52 million tokens.
3. Starknet (STRK) Unlock Date: October 15 Number of Tokens to be Unlocked: 127 million STRK Released Supply: 3.77 billion STRK Total Supply: 10 billion STRK Starknet is an Ethereum Layer-2 scaling solution built with STARK-based zero-knowledge rollups. STRK is the network’s native utility and governance token.
On October 15, Starknet will release 127 million STRK worth $15.42 million. The supply accounts for 3.37% of the released supply.
STRK Crypto Token Unlock in October. Source: TokenomistEarly contributors will receive 66.61 million STRK from the unlock. In addition, investors will get 60.39 million tokens.
In addition to these three, Connex (CONX), Cheelee (CHEEL), and Aerodrome Finance (AERO) will also experience new supply entering the market this week. Tokenomist has marked the Cronos, Arbitrum, and Starknet unlocks as pending verification, so these figures remain projections.
Komunita Cronos schválila spálení 228 milionů CRO, čímž se celkový objem v rámci programu zvýšil na 428 milionů. Veškeré výnosy z Ult a Cronos Launch nyní půjdou na zpětné odkupy CRO a měsíční spalování.
TLDR: The Cronos token burn removes 228 million CRO from the community pool. Community approval lifts this program to 428 million tokens. All Ult and Cronos Launch revenue will fund CRO buybacks and monthly burns. Published transaction hashes allow public verification. Staking rewards keep their current terms, with Strategic Reserve support maintaining payouts as emissions decline under existing policy. CRO trades near $0.0669 after a roughly 1.56% daily gain. Future purchase amounts depend on product revenue and execution costs. The Cronos token burn removed 228 million CRO from the community pool after voters approved two governance proposals. Cronos Network announced the decision on October 3, bringing burns under the community program to 428 million tokens.
CRO traded near $0.0669, gaining approximately 1.56% over 24 hours, according to Coingecko market data. The destroyed tokens carried an estimated market value of about $15 million.
The approved framework directs all revenue from Ult and Cronos Launch toward open market purchases and monthly burns. Cronos will publish transaction hashes, while staking rewards retain their existing terms and funding support through the Strategic Reserve.
Cronos (CRO) Price Cronos token burn lifts community total to 428 million Proposal 36 authorized the latest community pool transfer to a burn address on Cronos POS. Four previous rounds each removed 50 million CRO, making this fifth round considerably larger.
The Cronos token burn therefore exceeded the combined size of those earlier rounds by 28 million tokens. The 428 million total describes this community initiative, rather than every historical destruction of CRO.
The immediate operation used tokens already held by the community pool. It did not require purchasing the entire 228 million CRO from exchanges, an important distinction when assessing market demand.
Future CRO buybacks introduce a separate source of purchases because they use product revenue to acquire tokens. Their size will vary with platform earnings and the market price when transactions execute.
Although the Cronos token burn reduces available supply, it does not establish a guaranteed price increase. Liquidity, demand, reserve distributions, and broader market conditions still influence how CRO trades.
Coingecko listed daily trading volume near $5.82 million and market capitalization around $3.31 billion. These figures show that the burn announcement arrived alongside relatively limited turnover compared with the token valuation.
That leaves a practical distinction between governance approval and sustained trading interest. A smaller token supply alone cannot reveal whether demand will grow enough to support a lasting advance.
CRO Buybacks Tie Monthly Burns to Revenue From Trading Proposal 37 commits 100% of Ult and Cronos Launch revenue to token purchases and destruction. Cronos Labs says existing capital will cover operations, infrastructure, and growth spending instead of those product receipts.
Both tokenomics proposals have passed.
228,000,000 CRO has been burned from the community pool, bringing the total to 428,000,000 CRO.
100% of Ult and Cronos Launch revenue will now buy CRO on the open market and burn it monthly, with every transaction hash published.
Staking… pic.twitter.com/vE5MBp9HeB
— Cronos Network (@CronosNetwork) October 3, 2026
The Cronos token burn framework links supply reduction directly to activity on both products. Ult generates trading revenue, while Cronos Launch collects fees associated with tokens created and traded through its launchpad.
Monthly burns provide a schedule for removing purchased tokens, and published transaction hashes allow independent verification. Community members can check execution amounts rather than relying solely on announcements about future commitments.
Under the Cronos token burn plan, published records can help compare revenue commitments with the tokens actually purchased and destroyed. A transaction record verifies execution, while separate revenue reporting would explain whether purchases reflect all earnings from the two platforms.
The revenue percentage is fixed, but the purchase budget is not. As an illustration, $100,000 would acquire about 1.5 million CRO near $0.0669 before fees and execution costs.
That calculation highlights why product revenue remains a central measure for future CRO buybacks. More usage can generate larger purchases, although lower revenue would reduce the number of tokens acquired.
Staking rewards retain their current parameters, including existing lock periods and bonus structures. The Strategic Reserve will support payouts as emissions decline, keeping reward funding separate from revenue committed to monthly burns.
The Cronos token burn does not change the review process for potential Crypto.com listings. The published strategy says qualifying tokens enter an ongoing assessment, with Crypto.com controlling criteria and final decisions.
Cronos Launch opened on September 15, followed by Ult on September 17. The September governance document listed the purchasing contract as being developed. Subsequent execution hashes will show the amounts bought and burned.
Cronos Labs chce použít 100 % příjmů z nových produktů Cronos Launch a Ult na měsíční nákupy CRO a jejich spalování. Plán čeká na hlasování komunity 18. září.
Cronos (@CronosNetwork) Labs has outlined a new strategy to reduce the circulating supply of $CRO by connecting revenue from two upcoming products directly to open-market token purchases and burns, pending a community governance vote.
Two New Products, One Revenue EngineThe plan centres on Cronos Launch and Ult, a pair of products set to open within days of each other. Cronos Launch goes live on September 16 as a launchpad for new tokens built on the Cronos network. Ult follows on September 17 with a multi-asset trading application covering a range of financial instruments.
Under the proposed strategy, revenue generated by both products would be used to fund monthly $CRO purchases on the open market. Cronos Labs CEO Ryan Wyatt has indicated the team intends to direct 100% of app revenue toward a buyback-and-burn mechanism, part of a broader shift away from an inflation-driven model toward one funded by real product activity.
If governance approves the plan, purchased tokens would be burned, permanently removing them from circulation. The community vote is scheduled for September 18, giving token holders a direct say in whether the new tokenomics framework moves forward.
Ecosystem Support Remains Part of the PlanBeyond the two new products, the strategy also includes continued backing for VVS Finance, the leading decentralised exchange on the Cronos network, along with ongoing support for builders developing within the Cronos ecosystem. This signals that Labs intends the supply-reduction mechanism to run alongside, rather than replace, its existing ecosystem commitments.
The proposal reflects a wider effort by Cronos Labs to move the network's economic model onto a more sustainable footing, one where token demand is driven by product usage rather than emissions.
Sources:
PANews: Cronos Labs CEO proposes 100% of app revenue for CRO buyback and burn
Cronos GitHub: Proposal for inflation decay, tiered staking and revenue bridging
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What is Cronos?Cronos combines full EVM compatibility with sub-second performance. Blocks take around 0.5 seconds, transactions reach single-block finality and transfers can cost less than $0.001.
The network holds around $258.7 mln in TVL, as of early September, according to DefiLlama.
But when it comes to aggregation, there is still a significant gap. Aggregators currently route around $100,000-$150,000 per day, or roughly 2%-3% of DEX volume. Now, 1inch is stepping in, adding its aggregation infrastructure.
Swap on Cronos with 1inchYou can now trade Cronos assets directly through the 1inch dApp and 1inch Wallet.
Intent-based swaps let you specify the outcome you want while resolvers compete to fill the order. For users, that means gasless swaps with built-in MEV protection.
Key Cronos assets available across the ecosystem include:
CRO and wrapped CRO (WCRO)USDC and EURCBridged WETH and WBTCCDCETHEcosystem tokens including VVS, TONIC, LCRO, VNO and FULNative USDC is particularly important. Cronos moved to native USDC via Circle CCTP in June 2026, and USDC now represents around 99.9% of the network’s stablecoin base.
Move assets to Cronos smoothlyMoving capital to another chain often means finding a bridge first and making the trade afterwards.
1inch cross-chain swaps combine those steps.
You can swap an asset on another supported network directly for an asset on Cronos in one cross-chain swap. There is no need to interact with a traditional bridge, and the process remains self-custodial end to end.
Native USDC via Circle CCTP also gives users a clean stablecoin rail for moving liquidity into and out of the Cronos ecosystem.
Connect to the Crypto.com ecosystemCronos combines fast execution, low fees and a growing connection to the broader Crypto.com ecosystem. 1inch adds aggregation, intent-based execution, cross-chain swaps, Aqua and API access from day one.
Whether you are already active on Cronos, moving assets there from another chain, providing liquidity or integrating the network into an app, Cronos is now part of the 1inch experience.
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Disclaimer: This content is provided for informational purposes only. Nothing in this material constitutes financial, investment, legal or tax advice, or a recommendation to enter into any transaction. Providing liquidity involves risk, including the possible loss of all funds involved. Fees are not guaranteed.
Cronos potvrdil, že po exploitu Tectonicu zůstává neobnoveno 9,19 milionu USD. Validátoři mezitím rollbackem obnovili asi 111,2 milionu USD z napadených prostředků.
Cronos has confirmed that $9.19 million remains unrecovered after an attacker borrowed $120.4 million from Tectonic, while a validator-backed rollback reversed roughly $111.2 million in affected value.
Summary
Cronos says $9.19 million remains unrecovered after an attacker borrowed $120.4 million from Tectonic using manipulated TONIC collateral. Validators rolled back 10,961 blocks covering nearly two hours of transactions, restoring roughly $111.2 million in affected value. The attacker moved 7.6% of the affected funds off Cronos before the network was halted, putting them beyond the rollback. Cronos resumed block production around 11 hours after the attack and continues reconciliation work with exchanges, bridges and other platforms. According to a post-mortem published by Cronos on Monday, the attacker manipulated the price of TONIC, the governance token of lending protocol Tectonic, and used the inflated asset as collateral to borrow funds across nine markets on Aug. 30.
The attack led Cronos validators to halt the Layer 1 blockchain at block 90,907,150 before agreeing to restore the network to block 90,896,188, the final block produced before the exploit began.
The rollback returned affected balances to their pre-attack state and reversed approximately $111.2 million of the $120.4 million involved in the incident. However, funds that had already moved away from Cronos were outside the reach of the restoration.
“The $9.19 million that left Cronos before the halt has not been recovered and is beyond the restoration’s reach,” the team said.
Cronos rollback restored $111.2 million after Tectonic exploit The rollback discarded 10,961 blocks, representing 1 hour and 54 minutes of Cronos transaction history, according to the post-mortem. Transactions completed during that window were reversed regardless of whether they had any connection to the Tectonic attack.
Cronos said validators had to weigh transaction finality against the amount of money still exposed when deciding how to restart the network.
“It was a hard decision, taken together with the validators, weighing the finality users expect from a chain against the funds at risk,” Cronos said. “The alternative, restarting without restoring state, would have left the borrowed assets in the attacker’s control.”
The final accounting substantially raises the value involved compared with early estimates published immediately after the incident. On Aug. 31, crypto.news reported the Cronos halt after onchain researcher Weilin Li initially estimated that approximately $75 million had been affected.
Li’s early analysis found that most of the identified funds remained on Cronos when validators stopped block production, while roughly $6 million was believed to have reached Ethereum. At the time, neither Tectonic nor Cronos had released a final accounting of the assets involved.
Blockchain data provider Bitquery subsequently calculated that $120.4 million had been removed from Tectonic’s lending markets, a figure that is consistent with the amount detailed in Cronos’ post-mortem.
TONIC price manipulation allowed $120.4 million in borrowing Cronos said the attack began after contracts were deployed to manipulate the market price of TONIC, a thinly traded token that Tectonic accepted as collateral.
Once the token’s price had been driven higher, the attacker supplied the inflated collateral to the lending protocol. Roughly 10 minutes later, $120.4 million had been borrowed across nine Tectonic markets.
Early onchain analysis had found that TONIC’s reported price increased approximately 100-fold within around 20 minutes. The token carried a 20% collateral factor on Tectonic, allowing borrowers to take loans against part of the value assigned to their deposited TONIC.
RedStone co-founder Marcin Kazmierczak later told crypto.news that the incident was not an oracle failure. He said the oracle accurately reported the TONIC price in the market it monitored, while Tectonic accepted that price without adequately accounting for whether enough liquidity existed to sell the collateral at the reported valuation.
Kazmierczak identified borrow caps tied to executable liquidity as one safeguard that could have restricted the amount available to borrow even if TONIC’s reported market price increased sharply. Dynamic collateral factors, minimum market-depth requirements and price-impact limits could have provided other controls, he said.
Tectonic had roughly $121.7 million in total value locked and approximately $82.7 million in active loans before the exploit, according to figures cited during the initial investigation.
Validators halted Cronos within an hour of the attack The post-mortem provided a more detailed timeline of the network’s response.
After the attacker began manipulating TONIC and borrowing against the inflated collateral, Cronos identified the malicious activity roughly 36 minutes later. Validators subsequently halted the blockchain, preventing further transactions while the incident was investigated.
The network was eventually restored to its pre-exploit state before block production resumed around 11 hours after the attack began.
When Cronos restarted block production on Aug. 30, the chain resumed from block 90,896,189 after validators coordinated the emergency restoration. Node operators were instructed to restart using Cronos v1.7.8 and updated mainnet snapshots.
Crypto.com CEO Kris Marszalek said during the incident that the company’s centralized app and exchange continued operating and were not compromised. Crypto.com and Cronos are closely associated, while Tectonic operates as a decentralized lending protocol on the blockchain.
The rollback meant infrastructure providers connected to Cronos had to reconcile their systems with the restored chain state. RPC providers, explorers, indexers, subgraphs and bridges needed to synchronize with the version of the blockchain that replaced the discarded blocks.
A subsequent crypto.news analysis examined how validators rolled back the chain and erased more than 10,000 blocks to restore its state. The action removed transactions belonging to regular users during the same period alongside those connected to the attacker.
$9.19 million remains outside Cronos restoration Cronos’ post-mortem now puts the amount that escaped the restoration at approximately $9.19 million, equal to 7.6% of the $120.4 million affected.
Funds that remained within the network could effectively be returned to their earlier state through the rollback. Assets already transferred away from Cronos could not be reversed through changes to the chain’s own transaction history.
The Tectonic incident accounted for more than half of the estimated cryptocurrency losses recorded during August. Blockchain security firm PeckShield counted 50 major crypto hacks during August, with estimated losses totaling $136.3 million. Its earlier calculation placed the Tectonic incident at approximately $74 million because the final accounting had not yet been released.
Cronos said reconciliation work with exchanges, bridges and other affected platforms remains underway following the restoration. Users do not need to take any action at this stage, while the block explorer, public RPC endpoints, indexers and subgraphs have returned to operation.
The post-mortem did not identify the attacker or detail how the network and Tectonic plan to address the $9.19 million that remains unrecovered.
CRO, the native token of the Cronos ecosystem, was trading around $0.058, up 0.62% over the past 24 hours.
Cronos po exploitu v Tectonic pozastavil tvorbu bloků; odhadovaná škoda činí asi 75 milionů USD. Útočník uměle navýšil TONIC zhruba 100× a půjčil si proti němu další aktiva.
An attacker inflated Tectonic’s own governance token roughly 100-fold and borrowed against it, and Cronos validators froze the entire network in response.
Cronos Halts Its Blockchain After $75 Million Exploit
Posted August 31, 2026 at 5:39 am EST.
Cronos, the blockchain Crypto.com launched in 2021, stopped producing blocks on Sunday after an attacker exploited Tectonic, the network’s largest lending protocol. On-chain researcher Weilin Li estimates roughly $75 million in assets were affected. Neither Cronos nor Tectonic has confirmed the amount or detailed the cause.
Tectonic accepted its low liquidity and volume governance token, TONIC, as collateral at a 20% collateral factor, meaning $100 of value recognized by the protocol could support about $20 of borrowing. Li says the attacker pushed TONIC’s price up about 100-fold in roughly 20 minutes, deposited the inflated tokens and borrowed other assets against them. Only about $6 million reached Ethereum before validators halted the chain.
This story is an excerpt from the Unchained Daily newsletter.
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Tectonic held about $121.7 million in total value locked on Aug. 26, close to half of all capital deposited across Cronos DeFi. That figure had fallen to about $3 million by Monday. Crypto.com CEO Kris Marszalek said the company’s app and exchange were not compromised and that its security team is assisting the investigation.
The TONIC attack follows a familiar playbook. Moonwell, a lending protocol on Base, lost an estimated $8.7 million last week after an attacker manipulated the collateral price of the thinly traded MAMO token. A roughly 3% move in a thin Pendle market triggered about $36 million of liquidations on Morpho the same week. Cronos has drawn scrutiny for centralization before: Crypto.com forced through a vote in March 2025 to re-mint 70 billion CRO tokens burned in 2021, over the objections of nearly every other large holder.
Related Listen: Sam MacPherson on Why Spark Benefited So Much From the KelpDAO Hack
AI-assisted content: This article was produced with the assistance of AI tools and was reviewed, edited, and fact-checked by a member of the Unchained editorial team before publication.
Trump Media držela k 30. červnu 756 079 523 CRO v reálné hodnotě 40,60 milionu USD. Firma zároveň vykázala nerealizovanou ztrátu 27,41 milionu USD z poklesu ceny tokenu.
Trump Media & Technology Group Corp. (NASDAQ:DJT) holds a substantial amount of Cronos (CRYPTO: CRO) tokens on its balance sheet, according to the company’s second-quarter earnings released on Monday.
Trump Media’s CRO BetThe company behind Truth Social held 756,079,523 CRO tokens as of June 30, recognized at a fair value of $40.60 million. At current prices, this stash would be worth $34.45 million.
Trump Media’s CRO holdings s remained unchanged during the first half of 2026, although they recorded an unrealized loss of $27.41 million due to the decline in the token’s price.
Under a purchase agreement, the company cannot sell its 684,427,004 CRO for three years. However, beginning Aug. 26, it said it would be allowed to sell about 10% of them, i.e., 68,442,704 CRO, over the next six months.
Read Next
CRO is the native token of cryptocurrency exchange Crypto.com. Trump Media locked a deal with the exchange in August 2025 to set up a company that will buy and hold CRO tokens as part of a treasury strategy. However, the agreement was terminated earlier this month.
Trump Media’s Bitcoin PositionTrump Media also reported it held more than $900 million worth of Bitcoin (CRYPTO: BTC) at the end of July. Overall, the company recorded a loss of $306.69 million on its "digital assets" in the first half of 2026, including BTC and CRO.
President Donald Trump maintains a 41.5% stake in the company, according to the latest 13D filing, translating to a total of 114,750,000 shares. At Monday’s closing price, this equated to $1.07 billion.
Price Action: At the time of writing, CRO was exchanging hands at $0.04689, down 1.76% over the last 24 hours, according to data from Benzinga Pro.
Trump Media shares fell 0.53% in pre-market trading after closing 8.03% lower at $9.39 during Monday’s regular trading session.
Benzinga’s Edge Stock Rankings indicate that DJT’s price trend is stronger in the short and medium term, though it trails over the long term.
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Market News and Data brought to you by Benzinga APIs
Trump Media ukončila plánovaný Cronos (CRO) treasury venture s Crypto.com a Yorkville Acquisition Corp. Firma se chce soustředit na Truth Social, licencování dat a chystané spojení s TAE.
Trump Media and Technology Group has reportedly terminated its planned Cronos (CRO) treasury venture with Crypto.com and Yorkville Acquisition Corp. The companies also abandoned a related services agreement and a set of digital asset products.
Interim CEO Kevin McGurn told Axios on Friday that the crypto deals ended because the treasury sector became saturated. Trump Media will instead concentrate on Truth Social, data licensing, and its pending merger with fusion energy company TAE.
The venture, announced last year, would have licensed the Trump Media brand. The resulting company was built around Crypto.com’s Cronos blockchain and its CRO token. At launch, the partners billed it as the first and largest publicly traded CRO treasury firm.
Yorkville Acquisition Corp, a blank-check vehicle created to take the venture public, agreed to the termination as well. However, Yorkville America’s America First ETFs, branded as Truth Social Funds, will keep operating.
The retreat also follows a bruising start to the year, when crypto markdowns drove a $406 million quarterly loss. McGurn said saturation among treasury companies, rather than regulatory pressure, drove the decision.
“We wanted to get focused,” Axios reported, citing McGurn.
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He added that staking CRO has become less central for Crypto.com, making a split logical for both sides. Meanwhile, CRO traded near $0.0513 on Friday, down 0.4% over 24 hours, according to BeInCrypto Markets data.
Cronos (CRO) Price Performance. Source: BeInCryptoThe token holds a market capitalization of roughly $2.4 billion, ranking 38th overall.
Prediction Markets Give Way to Data LicensingSeparately, the companies scaled back plans to embed betting features inside Truth Social. Trump Media had unveiled Truth Predict prediction markets, powered by Crypto.com Derivatives North America, last October.
The partners will now pursue a marketing arrangement that promotes Crypto.com’s prediction products to Truth Social users. McGurn argued that established operators already crowd that space, so running back-end infrastructure offered little return. He sees Trump Media as a distribution and data partner instead of a market operator.
That data push is already visible. The company’s Truth Social API business, an application programming interface (API) that sells platform data, now serves about 10 customers, up from roughly five. Most are high-frequency trading firms that feed the data into algorithmic strategies. McGurn said the firm is also courting large language model developers and prediction market platforms.
McGurn expects the TAE merger to close before year-end. Whether a slimmer Trump Media can turn Truth Social’s audience and data into durable revenue may become clearer once that deal lands.
Cronos spustil nativní $USDC, $EURC a Circle CCTP, čímž se stal prvním blockchainovým ekosystémem s těmito třemi produkty současně. Integrace má zjednodušit přesuny stablecoinů napříč řetězci.
Cronos, an EVM-compatible L1 chain, launched $EURC, $USDC, and the Cross-Chain Transfer Protocol (CCTP) of the U.S.-based fintech entity Circle. The rollout denotes a notable landmark for the network as it readies for the Cronos app’s upcoming debut. As Cronos disclosed in its official announcement, it is the earliest blockchain ecosystem to unveil all 3 Circle-backed products at the same time. The respective integration is poised to deliver consumers, institutions, and developers with seamless access to fully compliant stablecoin infrastructure.
Cronos Natively Incorporates $USDC and CCTP to Bolster Infrastructure The launch of $EURC, $USDC, and the CCTP protocol of Circle on the Cronos network highlights a key move. The integration is set to provide institutions, developers, and consumers with streamlined access to compliant stablecoin infrastructure. Additionally, the move focuses on simplifying transfers across chains and supporting a wider range of notable financial apps across the ecosystem.
Simultaneously, the launch is associated with the Cronos app’s development. It is a mobile-first trading entity developed through the Cronos blockchain with notable support from Crypto.com. Specifically, the application is anticipated to permit consumers to efficiently trade their tokenized stocks, prediction market assets, and cryptocurrencies from one account. Additionally, the platform is poised to provide almost 10x buying power, availability in over 183 jurisdictions, and round-the-clock market reach.
Apart from that, native $USDC is set to play the role of a central settlement asset operating in the Cronos app. Following the launch of the platform, consumers will get the capability to deposit their $USDC tokens and use an inclusive balance for the trading of diverse asset classes. Each of the transfers on the platform will witness its settlement in $USDC, marked by redeemability for U.S. dollars on a 1:1 ratio.
Accelerating Worldwide Stablecoin Adoption According to Cronos, a critical element of this development is the inclusion of the Cross-Chain Transfer Protocol (CCTP) of Circle. The protocol allows consumers to shift $USDC between compatible blockchain ecosystems without depending on 3rd-party bridges or wrapped tokens. With this mechanism, consumers will get the ability to transact $USDC from over 20 compatible chains to Cronos. Additionally, $EURC’s integration further broadens the platform’s stablecoin offerings. Overall, with the merger of native $EURC, $USDC, and CCTP integration, Cronos focuses on elevating its position as a prominent blockchain ecosystem for compliant digital asset operations and worldwide financial innovation.
AUTHOR
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We’re excited to announce that USDC, EURC, and CCTP support are live on Cronos.
Cronos Network is a high-performance, EVM-compatible, Layer-1 (L1) blockchain network supported by Crypto.com, supporting payments, AI-native workflows, and DeFi trading. Native USDC, EURC, and CCTP bring trusted and interoperable stablecoin infrastructure to Cronos’ large and established ecosystem. USDC will also serve as the settlement layer for the Cronos app, the upcoming mobile-first trading platform where users will be able to trade tokenized stocks, crypto, and prediction markets from a single account, with 24/7 markets, and access in 180+ countries.1
With the launch of native USDC, EURC, and CCTP, Cronos gains access to the leading regulated2 dollar and euro stablecoins. This unlocks dollar- and euro-denominated DeFi trading, payments, treasury management, and more on a blockchain designed for EVM compatibility, AI-friendly workflows, and transaction efficiency. Native USDC will also serve as the dollar settlement layer for the Cronos app. Users will be able to deposit dollars and trade every asset class from one account.
Benefits of USDC and EURC on Cronos:
Regulated,2 fully reserved stablecoins redeemable 1:1 for USD and EUR,3 respectivelyInstitutional on/offramps with Circle Mint4 for qualified businesses Integrate easily with apps and protocols on CronosUnlock dollar- and euro-denominated DeFi markets and AI-powered transactionsCCTP on Cronos enables developers to:
Securely and efficiently move USDC between Cronos and other supported blockchainsBuild apps directly on the protocol layer that support high-performance DeFi and AI-powered transactionsKey use cases of USDC and EURC on CronosNative USDC and EURC can help establish a trusted dollar- and euro-denominated ecosystem on Cronos. With MiCA compliance, full reserve backing, and 1:1 redeemability for dollars and euros respectively, USDC and EURC support DeFi, traditional markets, and agent-to-agent transactions by serving as collateral and settlement infrastructure. Establishing deep liquidity for both EUR/EURC and USD/USDC trading pairs can support lower-slippage DeFi activity and AI-driven applications at the scale institutions and enterprises need. Through CCTP, users and developers can move USDC securely across ecosystems without relying on wrapped assets.
Beyond institutional use cases, native USDC will also bring dollar settlement to everyday users. As the dollar layer for the Cronos app, the upcoming mobile-first trading platform, USDC will let people deposit dollars and trade tokenized stocks, crypto, and prediction markets from a single account.
Together, native USDC, EURC, and CCTP can give businesses and developers on Cronos access to regulated2 fiat rails for institutional-grade trading, programmable payments, and compliant onchain settlement. While USDC is widely used around the world, euro-denominated EURC may be especially well suited for payments, settlement, and other onchain activity within the EU, where 1:1 euro redeemability and MiCA compliance can help support trusted euro-denominated use cases.
Popular Cronos apps include: Crypto.com, LI.FI, Relay, VVS, Wolfswap.
Bridged vs native USDC on CronosCronos also supports bridged USDC (i.e., USDC.e), a non-native version of USDC. The Cronos team plans to work with ecosystem apps and protocols to smoothly migrate bridged USDC liquidity to native USDC over time.
This gives Cronos the same native stablecoin features that are already available on other supported chains. There is no immediate impact to existing bridges and they will continue to operate normally. Bridged USDC will remain clearly labeled as “USDC.e” in block explorers, app interfaces, and documentation.
Get started todayBusinesses can access institutional on/offramps to convert to Circle stablecoins on Cronos by applying for a Circle Mint4 account. Individuals and smaller institutions can access USDC and EURC through various exchanges, wallets, and providers. Visit circle.com/eurc and circle.com/usdc to learn more.
Get started today with our developer docs for USDC, EURC, and CCTP. Both USDC and EURC are open-source, permissionless stablecoin protocols that anyone can build with.
1 Products may be subject to jurisdictional availability
2 USDC is issued by regulated affiliates of Circle. EURC is issued by Circle Internet Financial Europe SAS. A list of Circle’s regulatory authorizations can be found here.
3 Circle Mint customers are able to redeem USDC and EURC directly from Circle. In addition, Circle will redeem all USDC and EURC presented to it for redemption in compliance with MiCAR, regardless of whether the holder is a Circle Mint customer. Circle Mint is currently available only to institutions and is not available to individuals.
4 Circle Mint and money transmission services are provided by Circle Internet Financial, LLC, NMLS # 1201441, and Circle Internet Financial Europe SAS, Electronic Money Institution License No. 17788, when provided in France.
