Wednesday, August 6

Cronos has gained attention in recent weeks as protocol upgrades and renewed liquidity flows bring it back into traders’ discussions. The CRO price now sits around $0.1437, according to CoinMarketCap, with a market cap of $4.66 billion and daily trading volume of about $34 million.

Cronos Transaction Efficiency Improved in July

In July, the network rolled out its POS Chain v6 upgrade, which introduced Cosmos SDK integration, RocksDB optimization, and IBC-go support.

These changes have been linked to improved transaction efficiency and higher DeFi participation. Following the update, total value locked on Cronos climbed to $710 million, up from $640 million the previous month.

ETF speculation has also entered the picture. Crypto.com, in partnership with Canary Capital, submitted applications for a CRO-based exchange-traded fund.

While approval is uncertain, the move has fueled discussion about potential institutional inflows. At the same time, transaction volume on decentralized exchanges running on Cronos reached $142 million in July, a sharp increase from June’s $76 million.

Market Snapshot and Why It Matters

CRO’s price has gained 76 percent over the past 30 days and more than 6 percent within the last 24 hours. Chart patterns, including a golden cross and a bullish pennant, may support further upside. Technical projections suggest a possible recovery toward $0.20 if buying pressure continues.

Community activity has helped maintain momentum during the altcoin season. Staking on the network continues to attract participation, offering yields that appeal to long-term holders. On LunarCrush, CRO recorded thousands of social mentions in July, indicating strong retail engagement alongside protocol development.

Despite recent strength, CRO is trading far below its all-time high of $0.9698 set in November 2021. While the current market structure is more cautious than in prior bull runs, the combination of rising TVL, ETF discussions, and technical support levels gives the token a clear base for continued interest.

Cronos now sits in the middle ground. It is not part of the largest market-cap assets, but it has shown resilience and steady improvement through utility upgrades and community traction. Traders watching DeFi activity and ETF headlines may find CRO positioned for further movement as the second half of 2025 develops.

The post ETF Rumors Catapult Cronos (CRO) Price 76% – Can Bulls Drive It Above $0.20 Next? appeared first on Cryptonews.


https://cryptonews.com/news/cronos-cro-jumps-76-percent-etf-rumors-20-cent-target/

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