As April’s market turbulence begins to ease, the Cronos ecosystem recorded a strong week of growth.
Here are all the must know updates:
CRO Price Surges Past $0.090
April has been marked by extreme market volatility due to U President Donald Tump’s imposition of reciprocal tariffs on over 50 countries. While initially the tariffs and its associated uncertainty and risk, caused massive downfalls in both traditional financial and crypto markets, this week has been marked by a stark recovery for Bitcoin, and CRO.
CRO’s value, in accordance with the rest of the market, has risen by 9.5% in the last seven days. While the token started at as low as $0.081, by mid week, CRO reached $0.093. It has now stabilized above the $0.090 psychological level. Beyond ecosystem updates, optimism over US China negotiations and an increasing role for Bitcoin as a safe-haven asset has been credited for CRO’s recovery.
ShareRing Brings Cross-Chain Digital Identity to Cronos
Next-gen verification ecosystem ShareRing has officially launched its cross-chain digital identity suite on Cronos, enabling a new era of privacy-first identity verification. The integration is powered by ShareRing’s use of zero-knowledge technology enabling applications such as age-restricted content access and geo-verified services.
Read More On How This Works and Why It Matters Here.
Crypto.com and Trump Media to launch ETFs spotting CRO:
In a milestone announcement, Crypto.com, US President Donald Trump’s Truth.fi along with Yorkville America Digital have signed a non binding agreement to launch a series of America-First themed EFTs, that will include digital assets like Bitcoin and CRO.
Learn More about the Partnership Here.
CRO Bonus on Crypto.com
In a move promoting the projects on Cronos, Crypto.com has announced that from April 23 to May 7, every $100 worth of CRO purchased and swapped within Cronos ecosystem tokens via the Crypto.com Onchain app will earn the user one share of a $10,000 CRO rewards pool.
Read More about the Incentive Mechanism Here.
Project Update – Novafox
NovaFox, a DeFi-native ecosystem builder on Cronos, has announced the launch of Nova Launchpad – a fully audited, KYC-enabled, multi-chain token launch platform focused on security, compliance, and long-term value creation. Applications are now open for the first batch of projects from the Cronos Ecosystem.
Read More About How Nova Launchpad is Fueling the Future Here.
