It has been a happening week in the Cronos ecosystem with key technical, financial and project milestones that have set the community up to be bullish as we enter June 2025.
Here are all the must-know details:
CRO Price Up by 11%
After last week’s 6% dip in value, Cronos recovered spectacularly amidst news of the upcoming CRO ETFs, rising above the $0.10 mark again. Not only is the token up by over 11% in the last 7 days, but its ranking on CoinMarketCap has risen from 40th to 35th.
Read More About CRO’s Price Action This Month and What has Driven Action Here.
Canary CRO Trust Files to SEC for First Ever CRO ETFs
Asset Manager Canary Capital has filed a form S-1 registration statement to the US Securities and Exchange Commission to launch the Canary Staked CRO ETFs. These investment products, on the back of successful Bitcoin ETFs are aimed at enabling secure and seamless access to CRO for US accredited investors.
Read More About What We Know and Why This Matters Here
Cronos zkEVM Mainnet v27 Upgrade Completed Successfully
As scheduled, on 28 May 2025, Cronos zkEVM underwent an upgrade aimed at two major improvements a) true Ethereum compatibility to help builders interact seamlessly with Ethereum infrastructure and b) To enable reduction of L1 verification costs and save gas fees by adding the Fflonk Verifier.
Read More Detail About the Upgrade Here
Trump Media Announces $2.5B Bitcoin Reserve, Crypto.com Chosen as Custodian
Trump Media & Technology Group is raising $2.5 Billion to purchase Bitcoin for a company crypto treasury. Crypto platform Anchorage Digital and Crypto.com have been announced as custody partners for Trump Media’s Bitcoin holdings.
Read More About the Reserve and Crypto.com’s Role Here
Mirko Attends Community AMA with PUUSHDABUTTON
Cronos Labs lead, Mirko Zhaos participated in a community AMA with Karl (@ElderKarl68) via an X space event held on 29 May 2025. The AMA explored what makes dApp discovery effective, highlighting Cronos’ current gaps in streaming, XP farming, and visibility. Inspired by Abstract’s onboarding model, the discussion emphasized UX upgrades and greater transparency across the ecosystem.
Listen to the AMA Here
Project Updates:
MERY: Leading Cronos memecoin $MERY has partnered with FuFuture, bringing perpetual options trading, passive income opportunities, and a powerful new DeFi use case to its community.
Read More Here
Wolfswap: Wolfswap has rolled out Phase 1 of its sleek new redesign, enhancing pages like Swap, Analytics, Earn, Stake, and Mystery Boxes.Read More Here
