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Cronos This Week: Trump Tariffs, CRO Struggles, Sony Partnership and More

Harshini Nag by Harshini Nag
April 6, 2025
in Cronos
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Cronos This Week: Key Updates from 20th-26th Jan 2025 
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While Trump’s tariff announcements dominated crypto headlines last week, a wave of major updates across the ecosystem flew under the radar — from project landmarks to strategic moves by Crypto.com and Cronos leadership.

Here’s a quick recap of what went down in the first week of the new quarter:

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Trump Announces Tariffs, Bitcoin Decouples, CRO falls below $0.09

The news gripping financial markets across the world was, of course, the announcement of the much awaited Liberation Day tariffs by the Donald Trump Administration. While stock markets plunged, Bitcoin witnessed a more controlled drop in price and is currently trading at $81k. 

Many experts including Crypto.com CEO Kris Marszalek highlighted the indications of a  phenomenon of the Bitcoin market decoupling from stock markets. 

$BTC really outperformed this week during the stock market rout.

The new flight to safety.

— Kris | Crypto.com (@kris) April 5, 2025

The bullish sentiments about CRO, similar to other alt coins,  needed to be halted  temporarily due to the announcement of tariffs. Price dropped below $0.10 within hours. In the last 24 hours, the token has fallen further below the $0.09 psychological price point and is currently trading at $0.086. 

Read More about the effects of the tariffs, what is causing Bitcoin to decouple and a review of CRO’s performance Here 

Cronos Leadership at ETHTaipei

Incoming Cronos Head Mirko Zhao shared his experience attending the two-day ETHTaipei event earlier this week. A major conference for the Ethereum ecosystem, ETHTaipei  delves into Ethereum’s upcoming upgrade, DeFi, ZK, and more.The event also featured an exclusive talk from Ethereum co-founder Vitalik Buterin and the opportunity to connect with global Ethereum leaders, top projects, and the dev community. 

Calling the event “intimate and builder-focused”, Mikro invited projects to reach out to him, announcing on X that Cronos is “open for biz!” 

Great first day at @EthTaipei ! A much more intimate and builder-focused conference 🛠️@VitalikButerin also rocked a killer confidence outfit that for sure brightened our morning ☀️

Shout out to Chua from @AutomataNetwork for a fantastic talk on AI trust preservation. Their… pic.twitter.com/5zotYCrVOp

— Mirko | Cronos (@mircroz) April 1, 2025

Crypto.Com X Sony

In a milestone for crypto payments integration, Sony Electronics Singapore announced the acceptance of a U.S. dollar-pegged stablecoin (USDC), on the Sony Store Online. The development is an effort towards making direct crypto payment accessible to SES’ consumers to not only improve crypto’s real world utility, but also widen SES’ customer base. 

Read More in the announcement Here. 

Wolfswap Announces Season 11: Shadow Hunt 

Wolfswap, a gamified DEX on the Cronos blockchain, has announced Season 11: Shadow Hunt, featuring a dynamic prize pool starting at $5,000 USD. Each trade made on the platform will grow the prize pool in real-time, adding intensity to the on-chain competition. For the first time, rewards will extend to the top 100 contestants and the prize lineup includes 3 exclusive Dark Lion NFTs from the Loaded Lions collection. 

This new season reflects Wolfswap’s push to deepen engagement and solidify its role as a leading DeFi gateway in the Cronos ecosystem.

Read More Here. 

$LION Continues to Rock One Month After Listing

$LION officially launched on Cronos EVM , Solana and Ethereum a month ago. Since then, the token has secured a listing on Crypto.com, announced several incentives and reward programs, and  reached a fully diluted value (FDV) of over $2.5 Billion. 

Read all about how this month panned out for $LION here. 

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