Cronos price has staged a strong comeback, soaring to its highest point since January this year. The CRO token bottomed at $0.0682 in March and rose to $0.1310, a 93% increase. Technical and fundamental indicators point to further gains in the coming weeks.
Cronos Price Technicals Point to More Gains
The daily timeframe shows that the Cronos price has rebounded in the past few days. This rebound happened after it formed a double-bottom-like pattern at $0.0785 and a neckline at $0.1192, its highest level on March 26.
CRO is about to form a golden cross pattern as the 50-day and 200-day Exponential Moving Averages (EMA) cross each other. A death cross is one of the most bullish patterns in technical analysis.
Cronos price is nearing the 61.8% Fibonacci Retracement level at $0.1311. Similarly, the Relative Strength Index (RSI) has jumped to the overbought level at 82, while the MACD indicator has moved above the zero line.
Therefore, the token is likely to continue its upward trend as bulls target the 50% retracement level at $0.1500, representing a 20% increase from the current level. A move below the support at $0.1100 will invalidate the bullish outlook.
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CRO Token Jumps Amid Strong Fundamentals
Cronos token is rising as its fundamentals remain strong, with some parts of its ecosystem thriving. The total value locked (TVL) of all players in the decentralized finance (DeFi) network jumped to over $732 million, its highest point since January 6. Its TVL jumped from the year-to-date low of $499 million.
The key parts of the ecosystem are growing. VVS Finance’s TVL jumped by 37% in the last 30 days to $252 million, while Orby Network, Tectonic, and Veno Finance’s assets have soared by over 10% over the previous 30 days.
Tectonic, the biggest lending protocol on the network, has over $141 million, with its main pool supply being $234 million. This growth will likely continue now that Cronos boosted its block times from 5.6 seconds to 0.5 seconds.
⏱️ Welcome to the sub-second era #CROFam.
— Cronos (@cronos_chain) July 3, 2025
⚡ With block times on Mainnet slashed from ~5.6 secs to ~0.5 secs, Cronos EVM now ranks among the world’s Top 10 fastest blockchains.
🧱 Built for blazing-fast dapps. Tuned for high-throughput.
This is the speed layer. 💨 https://t.co/7KkcR8wNV9 pic.twitter.com/5MsnZ2bSde
Cronos price has jumped as the stablecoin supply in the network has soared to a record high. It has a total supply of $167 million, with the majority being USD Coin. It rose from a low of $18 million earlier this year, a sign that its growth is accelerating.
Similarly, Cronos has become a big player in the decentralized exchange (DEX) industry. Its DEX volume rose to about $3.9 million in the last 24 hours and $108 million in the last 30 days.
Furthermore, Cronos has added over 713 million tokens, worth more than $89 million, in the last 30 days. Its staking ratio increased by 6% over the last 30 days to 12.65%, while its market cap rose by 66% to $1.54 billion.
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