Cronos Soars After Trump Media’s $6.4 Billion CRO Treasury Plan: Market Gains and ETH Climb

The Cronos token surged 39% in the past 24 hours to trade around $0.223, driven by a $6.4 billion plan announced by Trump Media and Crypto.com. The move sees it become the largest public CRO treasury, positioning it as a serious contender in institutionalizing blockchain finance. Ethereum prices rose 4%, fueled by analyst predictions that ETH is undervalued and could reach new highs around $7,500. The crypto market enjoyed a 1.5% overall gain to reach a record $3.92 trillion. Notably, the XRP/USD chart shows a bullish breakout after weeks of steady upward movement within a rising channel pattern. Cronos price spiked past the resistance level and currently trades at $0.223. The short-term trend suggests further gains are possible but consolidation toward $0.202 support remains likely before a next leg up. Meanwhile, Ethereum (ETH) continues its bullish trajectory, hitting a new all-time high of $4,571. Standard Chartered believes ETH is undervalued and could reach $7,500 by the year’s end. Other notable gains include Hyperliquid (HYPE), Story (8.7%), and Solana with almost 7% growth. Meanwhile, Pendle (PENDLE) dropped 3%, Arbitrum (2.3%) and XDC Network (2.2%).