{"id":6854,"date":"2025-08-05T18:24:16","date_gmt":"2025-08-05T18:24:16","guid":{"rendered":"https:\/\/bitunikey.com\/news\/cro-price-eyes-rebound-to-0-20-as-top-cronos-metrics-jump\/"},"modified":"2025-08-05T18:24:18","modified_gmt":"2025-08-05T18:24:18","slug":"cro-price-eyes-rebound-to-0-20-as-top-cronos-metrics-jump","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/cro-price-eyes-rebound-to-0-20-as-top-cronos-metrics-jump\/","title":{"rendered":"CRO price eyes rebound to $0.20 as top Cronos metrics jump"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Cronos price moved sideways on August 5, mirroring the performance of Bitcoin and most altcoins.<\/p>\n<div id=\"cn-block-summary-block_e209ecc8f2e3813637e9ecbeb3efa2b7\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Cronos price has formed a bullish pennant and a golden cross pattern.<\/li>\n<li>The total value locked of the decentralized finance ecosystem is soaring.<\/li>\n<li>The stablecoin supply on Cronos has jumped to a record high.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Cronos (CRO) token was trading at $0.1347, a range it has remained in over the past few days. This price is about 74% above its lowest level this year, with technicals pointing to more gains.<\/p>\n<h2 class=\"wp-block-heading\">Cronos DEX and stablecoin ecosystem is growing<\/h2>\n<p>DeFi Llama data shows that the decentralized finance ecosystem is performing well this year. The stablecoin supply in the network has jumped to a record high of over $168 million, up from the year-to-date low of $18 million.<\/p>\n<p>Most of these stablecoins are USD Coin (USDC), whose supply has increased by 7% in the last 30 days to $154 million. It is followed by Orby USD, which has over $13.5 million in assets.<\/p>\n<p>Further data shows that decentralized exchange protocols within the network are becoming increasingly active. They processed transactions worth $142 million in July, up from $76 million in June. Higher DEX transaction volume is a sign that the network is becoming more active.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The total value locked in the network has been making a slow comeback, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/chain\/cronos?stablecoinsMcap=false&amp;tvl=true&amp;dexsVolume=false&amp;groupBy=monthly\" target=\"_blank\">reaching<\/a> a high of $710 million, its highest level since January. The biggest players in the ecosystem are VVS Finance, Tectonic, Orby Network, and Veno Finance.<\/p>\n<p>CRO price recently rose after Trump Media applied for the Blue Chip ETF in a partnership with Crypto.com. The fund will have cryptocurrencies like Bitcoin, Solana, Cronos, and XRP.<\/p>\n<p>Canary Capital also applied for a CRO ETF, which may be approved by the end of the year. These approvals may lead to more demand for the CRO token.<\/p>\n<h2 class=\"wp-block-heading\">Cronos price technical analysis<\/h2>\n<figure class=\"wp-block-image size-full\"><picture loading=\"lazy\" decoding=\"async\" class=\"wp-image-14402994\"><source type=\"image\/webp\" ><\/source><\/p>\n<\/picture><figcaption class=\"wp-element-caption\">CRO price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>The daily chart shows that the CRO price has rebounded in the past few days. This rebound occurred after forming the highly bullish double bottom at $0.07790 and a neckline at $0.1150.<\/p>\n<p>CRO price has formed a golden cross pattern as the 50-day and 200-day Exponential Moving Averages crossed each other. It is also forming a bullish pennant pattern, which features a vertical line and a triangle formation.<\/p>\n<p>Therefore, Cronos price will likely have a strong bullish breakout, with the next point to watch being $0.1498, its highest point this year. A move above that level will suggest further gains, potentially reaching the psychological point at $0.200.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cronos price moved sideways on August 5, mirroring the performance of Bitcoin and most altcoins. Summary Cronos price has formed a bullish pennant and a golden cross pattern. The total&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1505,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6854","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6854","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=6854"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6854\/revisions"}],"predecessor-version":[{"id":6855,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6854\/revisions\/6855"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1505"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=6854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=6854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=6854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}