Cronos (CRO) extended a dramatic multi-day rally, rising for the third straight session and jumping more than 50% in the past 24 hours as investor attention converged on a new CRO-focused treasury plan, heavy whale buying and derivatives market activity.
Price action ran parabolic over recent days, with CRO peaking intraday around $0.37 before pulling back to roughly $0.33 at press time. That intraday move followed a roughly 76% spike, and the token has gained about 106% over the past three days. The current level sits roughly 350% above its year-to-date low. The token briefly climbed to the 16th-largest crypto by market capitalization before settling near 21st with an approximate valuation of $11.2 billion.
Daily trading volume more than doubled from the previous day to about $2.29 billion, with the largest share coming from Upbit, followed by Crypto.com and Coinbase. On-chain indicators point to significant whale accumulation, while heightened activity in derivatives markets has amplified momentum and liquidity flows supporting the move.
- Volume & flow: Daily volume ≈ $2.29B, highest on Upbit, then Crypto.com, Coinbase.
- Whales: On-chain accumulation indicates large holders increasing positions.
- Derivatives: Elevated derivatives activity has amplified momentum and liquidity.
A major catalyst behind the surge is a $6.4 billion alliance between Trump Media, Crypto.com and Yorkville Acquisition Corp to create a crypto treasury vehicle focused on building CRO holdings. The arrangement reportedly includes over $1 billion in direct CRO purchases and plans to integrate the token as a payments and rewards option across Trump Media platforms. That headline development, combined with the Cronos team’s recently unveiled 2025–2026 roadmap aimed at scaling the on-chain ecosystem and increasing user adoption, has strengthened investor conviction.
Total value locked in the Cronos ecosystem has also climbed over the past week, adding an on-chain support narrative to the price rally. Bulls are now targeting $0.40, but the move has been highly parabolic and accompanied by elevated volatility. Traders should monitor sustained exchange flows, derivatives positioning and on-chain demand for signs of continuation or a corrective pullback.