Cronos (CRO) surged nearly 18% in the last 24 hours, trading around $0.09498 as of early U.S. hours, after Trump Media filed an S-1 registration with the U.S. Securities and Exchange Commission (SEC) for a new Truth Social Crypto Blue Chip ETF. The filing lists Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP and Cronos as core holdings.
Analysts Call for 100%–200% Rally — Or $1
The sharp upside revived bold price predictions from some traders and influencers. Oscar Ramos, a crypto YouTuber, reposted that $1 CRO is “the easiest prediction” for this cycle. Others claim the ETF hype could push Cronos toward a 100%–200% rally if the price breaks key resistance zones.
However, available data indicates this scenario remains highly speculative for now.
Cronos’s market capitalization sits around $2.95 billion, with a circulating supply of 31.12 billion CRO tokens. To reach $1, CRO’s market value would need to expand to over $31 billion — roughly 10 times its present size.
By comparison, Bitcoin’s market cap is about $2.16 trillion, Ethereum’s near $317 billion, and Solana’s around $82 billion. Even if the Truth Social ETF moves forward, a single fund launch alone is unlikely to lift Cronos into the same bracket as top-tier chains without matching network usage, strong DeFi inflows, and sustained demand.
CRO Price Breaks Trendline, Faces Key Resistance
CRO started the week trading near $0.0838, so the weekly move stands around +13%. Compared to its 1-year high near $0.21, the token remains down more than 50%.
On the daily chart, CRO has broken above a descending trendline, reclaimed the 50-day EMA near $0.0891, and tested the 0.5 Fibonacci retracement at $0.0934. The next major resistance sits near $0.1029–$0.11, where heavy selling appeared multiple times this year. Beyond that, the daily chart’s Fibonacci extension places the next upside at $0.13. Failure to hold above the $0.089–$0.093 support could drag CRO back to the $0.08–$0.076 zone, which has repeatedly acted as a base.
Liquidations Show How Shorts Boosted the Cronos Rally
The derivatives dashboard shows a 3,874% jump in perpetuals volume to about $235.8 million, while open interest rose 41.73% to $41.4 million. The long/short ratio across Binance and OKX is balanced near 1.01, showing no clear leverage imbalance yet.
Liquidation data reveals $393,700 wiped out in the last 24 hours, with $299,580 coming from shorts, indicating that forced short drove part of the Cronos price move. This aligns with the on-chain funding rate spike to 0.11, showing traders paid premiums to hold long positions after the ETF filing.
Meanwhile, Cronos’s Total Value Locked (TVL) is about $452.95 million, up about 5.28% in the past 24 hours, but still well below its 2022 peak above $3 billion.
TVL measures how much capital users have locked into Cronos-based DeFi apps and protocols. A rising TVL often signals stronger network usage and real demand, while a stagnant TVL can mean that short-term price moves rely more on headlines than new capital actually flowing into the chain.
Netflow charts also show occasional negative spikes. This means that some traders took profits into the pump rather than holding for the $1 narrative.
The Truth Social Crypto ETF is still just a filing. The SEC review process can take months and may face challenges, especially under current U.S. regulatory frameworks for crypto baskets.
Can $1 Happen?
Analysts like Oscar Ramos argue $1 CRO is “the easiest prediction.” But recent data shows this surge remains within the same downtrend channel that has capped every rally since 2022.
Cronos’s sudden 18% surge shows how quickly ETF headlines can move mid-cap coins. But calls for a 100%–200% rally — or a jump to $1 — do not align with present market math, supply realities, or real chain activity. To support a 10x move, Cronos would likely need more than an ETF. Cronos would need higher adoption, deeper liquidity, and stronger on-chain growth to justify that kind of valuation.
