Simply put
- CRO, the native cryptocurrency for the Chronos Network, hit a three-year peak on Wednesday.
- This increase coincided with the announcement from Trump Media that they would be establishing cryptocurrency reserves.
- The coin is associated with the Crypto.com exchange and is collaborating with Trump Media on initiatives related to the Treasury Department.
CRO reached significant prices on Wednesday, following the announcement from President Trump’s media company about a multi-billion-dollar Treasury aimed at holding cryptocurrency.
According to data from Coingecko, CRO was the top-performing digital asset over a 24-hour period among the leading 100 cryptocurrencies by market cap, soaring by 26% to exceed $0.26. Over the past week, it has increased by 83%.
Earlier on Wednesday, the coin nearly hit $0.29. This performance marks the highest level for CRO since May 2022. However, despite the recent surge, the coin remains 73% lower than its all-time high of $0.96 set back in 2021.
Leaderboards aren’t just about shows, guess what new crypto buyers will check first
Return to Top 20! 🔥🔥🔥
And we’re just getting warmer.– Cronos (@cronos_chain) August 27, 2025
The increase in CRO value followed the announcement of a $6.4 billion Cronos Treasury in partnership with Trump Media and Technology Group, alongside Crypto.com.
The Treasury plans include 6.3 billion CRO tokens, reflecting $1 billion in the announcement, but it consists of roughly $1.63 billion in cash and $220 million in warrants at the current moment. Additionally, $5 billion in stock credits has been reserved to encourage further CRO purchases.
Crypto.com functions as a crypto exchange linked to the Cronos blockchain. Trump Media and Technology Group supports True Social, Trump’s social media platform.
On Tuesday, Trump Media disclosed intentions to acquire $105 million in CRO (about 2% of CRO’s total supply) and mentioned that Crypto.com plans to buy $50 million in common stock of Trump Media (TMTG). Both transactions will be subject to a lockup period.
It was also noted that CRO Holdings would be wagered to generate revenue via Crypto.com’s custody platform, with Trump Media set to introduce a reward system across the Truth Social Media Network and Truth+ Streaming Video Platform, utilizing Crypto.com wallets and incorporating CRO as utility tokens within the Truth ecosystem.
