Cronos (CRO) has surged by an eye-popping 41% in the past 24 hours while trading volumes have exploded by 1,400% after Trump Media announced the launch of a CRO treasury.
On Tuesday, the tech and crypto arm of the Trump family empire said that they entered an agreement with Crypto.com and other partners to invest more than $6 billion into CRO to launch the first treasury fund for this cryptocurrency.
We’re excited to share that https://t.co/vCNztATkNg and Trump Media have partnered to make $CRO a utility token of the Truth Social platform. In-line with the partnership, Trump Media will purchase approximately $105 million in $CRO for its balance sheet (685,427,004 CRO).… pic.twitter.com/dimycI44yZ
— Crypto.com (@cryptocom) August 26, 2025
A new entity called Trump Media Group CRO Strategy will hold these tokens and will soon merge with Yorkville Acquisition Corp to launch a publicly traded company on the Nasdaq Stock Exchange through which investors will be allowed to get exposure to CRO via the regulated markets.
“Financial markets are becoming increasingly digital every day, and companies of all sizes and sectors are strategically planning for the future by establishing digital asset treasuries anchored by assets that have created a comprehensive value proposition and are poised for even greater utility,” commented the head of Trump Media & Technology Group, Devin Nunes, about the deal.
The Trump family has been raising its stakes in the crypto industry. Earlier this year, they launched World Liberty Financial (WLFI), a DeFi platform through which users should supposedly be able to access the crypto market. The solution is only available to accredited investors for now.
Meanwhile, President Donald Trump has been quite vocal about his support for the industry and has vowed multiple times to make America the crypto capital of the world.
Cronos Price Prediction: CRO Breaks Above Key Resistance and Could Easily Double
Trump Media’s investment propelled the price of CRO and has managed to flip the token’s accumulated year-to-date loss into a 62% gain.
The launch of this CRO treasury favors a bullish Cronos price prediction as this vehicle will lock up a significant percentage of the token’s circulating supply.
CRO has now surpassed a key resistance at $0.21 and the stage looks set for a much bigger and sustained move toward a higher target at $0.50.
Trading volumes have exceeded the average by a long shot in the past couple of days as one would expect.
CRO has two key supports to which it could retreat after the rally cools off and early buyers take some profits off the table. The first would be this former resistance at $0.21. Such a drop would provide the most attractive entry price for new long positions.
Meanwhile, CRO’s price channel has now been broken as well and the upper bound of this setup could act as support right now. Hence, a pullback to $0.26 could also provide a good buying opportunity for late buyers.
The Relative Strength Index (RSI) has jumped to overbought levels as positive momentum has accelerated. This is a strong indication that the uptrend should continue over the next few days.
Apart from CRO, the best crypto presales like Bitcoin Hyper (HYPER) could become the next crypto to 10X as altcoin season kicks off. This Bitcoin layer-2 chain has raised more than $12 million in just a few months.
Bitcoin Hyper (HYPER) Gives BTC Holders the Chance to Earn Passive Income Safely
Bitcoin Hyper (HYPER) will unlock the untapped potential of BTC by launching a Solana-powered protocol that will allow investors to earn yield, stake, and lend their BTC without leaving the Bitcoin network.
Through the Hyper Bridge, token holders will safely transfer their assets to a designated Bitcoin wallet and receive the corresponding amount in the Hyper L2 to access a robust DeFi ecosystem. Through this L2, they can now earn passive income on their BTC investment safely.
As the utility token for this L2, $HYPER’s demand will skyrocket as the solution is embraced by top wallets and exchanges. Meanwhile, HYPER currently offers staking rewards of 90% to those who lock in their tokens to secure the network.
To buy $HYPER at its discounted presale price, simply head to the Bitcoin Hyper official website and connect your wallet. You can either swap SOL, USDT, or ETH for this token or use a bank card to invest.