TLDR:
- Cronos gained 28% in a week, with RSI near 74 and bullish MACD indicating strong momentum.
- Truth Social’s ETF filing includes a 5% CRO allocation, boosting institutional exposure hopes.
- Cronos v6 upgrade aims to enhance speed, IBC, and security by integrating Cosmos SDK 0.50.10.
- Developers increased transaction speed by 20%, sparking higher on-chain activity and demand.
Cronos (CRO) is gaining strong bullish traction, with the token climbing over 28% in the past week.
It is now among the top gainers today, rising more than 8% to trade above $0.1049. The rally began after a successful retest of its recent range low, which turned into support.
Market analysts now watch for a breakout toward $0.167, a key resistance that could unlock further upside. Behind the surge are strong technical signals and major fundamental developments pushing momentum higher.
Cronos Technical Indicators Signal Upward Strength
Cronos is showing powerful bullish indicators on the daily chart.
The Relative Strength Index (RSI) currently stands at 74, signaling strong momentum but approaching overbought territory. The MACD histogram also reads 0.0029, which confirms sustained upward pressure.
Traders point to the price reclaiming support at the bottom of its trading range as a pivotal moment. From there, the token has begun climbing toward the range high. If CRO breaks through the $0.167 mark, it could approach the $0.23 target by the end of July.
$CRO is on the rise! Surges 8.47% to $0.1049, and is the #5 top gainer today.
#Cronos is already up +14% since successfully retesting the Range Low as support, on the way to revisiting the Range High resistance area.
Once #CRO breaks out here, it's bullish! Watch out and… pic.twitter.com/qCJs4rwQrH
— Coinpedia Markets (@MarketCoinpedia) July 12, 2025
On July 8, Truth Social, linked to Trump Media, filed for a multi-asset crypto ETF that includes a 5% allocation to Cronos. Other assets in the filing include Bitcoin, Ethereum, Solana, and XRP.
The fund plans to custody the assets via Crypto.com’s regulated unit, Foris DAX Trust.
This announcement sparked a 20% price surge in a single day, as it positioned CRO for potential institutional exposure. Market watchers suggest this could signal a shift toward greater adoption, especially if regulatory approval allows wider investor access.
Major Chain Upgrade Boosts Network Appeal
The Cronos network is also preparing for a v6 upgrade expected by July 28. This update will include integration with Cosmos SDK v0.50.10 and improvements to inter-blockchain communication (IBC). The goal is to enhance speed, scalability, and transaction security.
Activity on the Cronos Chain has increased, partly due to new DeFi tools like The Graph’s Subgraphs and growing liquidity pools. These factors have improved the network’s on-chain performance, further supporting CRO’s upward movement.
Cronos Leading the Charts with 20% TPS growth this week!
Still sounds insane what our lead devs achieved with the 10x blocktime and 10c gas fee reduction.$CRO is ready to take off! https://t.co/o5detZeQFb
— Pampa (@Pampadalampa) July 12, 2025
Despite its growing adoption, CRO is still not listed on Binance, one of the largest crypto exchanges. If the SEC approves the ETF and visibility increases, analysts speculate Binance could consider listing the asset.
That development could drive more volume, boost liquidity, and support price growth.
Additionally, developers have recently improved block time and reduced gas fees, increasing the network’s transaction processing speed by 20% this week. These changes have been described by industry insiders as game-changing for scalability.
CRO’s recent surge reflects a mix of strong technical structure, growing institutional interest, and upcoming network improvements, all aligning to fuel its current rally.
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Source: https://blockonomi.com/why-is-cronos-cro-price-pumping/