{"id":9707,"date":"2025-09-03T18:53:04","date_gmt":"2025-09-03T18:53:04","guid":{"rendered":"https:\/\/bitunikey.com\/news\/cro-price-signals-rebound-as-key-cronos-stablecoin-metric-hits-ath\/"},"modified":"2025-09-03T18:53:12","modified_gmt":"2025-09-03T18:53:12","slug":"cro-price-signals-rebound-as-key-cronos-stablecoin-metric-hits-ath","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/cro-price-signals-rebound-as-key-cronos-stablecoin-metric-hits-ath\/","title":{"rendered":"CRO price signals rebound as key Cronos stablecoin metric hits ATH"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">CRO price could be ripe for a strong bullish breakout after forming a highly bullish hammer candle and as its stablecoin growth accelerates.<\/p>\n<p>Cronos (CRO) token jumped to $0.28, up 11.6% from its lowest level this week and 260% above the year-to-date low of $0.08.<\/p>\n<p>The main reason for the recent surge was the recent partnership between Trump Media and Crypto.com, which will see them create a fund to accumulate CRO tokens worth over $6 billion. CRO will also be part of Trump Media\u2019s blue-chip crypto ETF.<\/p>\n<p>Its current price action is due to its ecosystem growth. DeFi Llama data shows that the amount of stablecoins on its network jumped to a record high of $192 million, much higher than the year-to-date low of $18 million.\u00a0<\/p>\n<p>Most of this growth was driven by the USD Coin (USDC), the second-biggest cryptocurrency, whose supply on Cronos rose by 16% in the last 30 days to $179 million.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Rising stablecoin supply on a blockchain is a positive thing because it sends a sign that its network is growing. The surge is especially important now that the US has passed the GENIUS bill.\u00a0<\/p>\n<p>Meanwhile, on-chain data show that whales have continued buying CRO tokens in the past few days. Their holdings have jumped by 45,465% in the last 30 days. Similarly, smart-money holdings have jumped by over 373% in this period.<\/p>\n<h2 class=\"wp-block-heading\">CRO price technical analysis\u00a0<\/h2>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Cronos price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>The daily chart shows that the CRO price bottomed at $0.067, its lowest level in March. It recently rose above the important resistance point at $0.2328, the highest point in November last year.\u00a0<\/p>\n<p>Cronos price has remained above the 50-day and 200-day Exponential Moving Averages, which is a positive sign. The coin has also formed a hammer candle, a bullish reversal pattern.\u00a0<\/p>\n<p>Cronos has moved above the weak, stop, and reverse levels of the Murrey Math Lines indicator. Therefore, the token will likely continue rising as bulls target the overshoot point at $0.3174, about 15% above the current level.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>CRO price could be ripe for a strong bullish breakout after forming a highly bullish hammer candle and as its stablecoin growth accelerates. Cronos (CRO) token jumped to $0.28, up&hellip;<\/p>\n","protected":false},"author":1,"featured_media":9216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9707","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\/9707","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=9707"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/9707\/revisions"}],"predecessor-version":[{"id":9708,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/9707\/revisions\/9708"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/9216"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=9707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=9707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=9707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}