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Cronos soared 39% within the final 24 hours to commerce at $0.223 as of 4:24 a.m. EST after Trump Media and Crypto.com unveiled a $6.4 billion CRO Treasury plan, whereas ETH jumped 4% as Customary Chartered stated it’s nonetheless low-cost.
Different high gainers embody Hyperliquid (HYPE) with an virtually 10% pump, Story (8.7%), and Solana with near a 7% acquire. The crypto market general climbed 1.5% to a market capitalization of $3.92 trillion. ETH recovered to surge over 4% to commerce at $4,571.
The highest losers amongst main cryptos had been Pendle (PENDLE) with a 3% tumble, Arbitrum (2.3%), and XDC Community (2.2%).
Cronos Token Soars After Trump Media Plan To Unveil CRO Treasury
Trump Media and Expertise Group (TMTG), Crypto.com and Yorkville Acquisition Corp. introduced a plan to type Trump Media Group CRO Technique Inc., a digital asset treasury that’s set to accumulate $6.42 billion value of CRO.
After the CRO treasury is established, it’ll turn out to be the most important public CRO treasury up to now. The corporate may even function its personal Cronos validator, permitting it to generate staking rewards and compound its holdings over time.
In accordance with Kris Marszalek, CEO of Crypto.com, “CRO will turn out to be the PLATFORM TOKEN of Fact Social as part of this broad, strategic partnership.”
– A historic day for $CRO. Trump Media Group CRO Technique introduced a $6.42b U.S. Greenback treasury play. See the press launch for more information on the proposed Enterprise Mixture and necessary information about $YORK, $YORKW and $YORKU. Right here’s what you should know:
– A definitive… pic.twitter.com/kgMC1GEVHn— Kris | Crypto.com (@kris) August 26, 2025
CRO soared after the information, with buyers shopping for into the concept a CRO treasury positions the Cronos token as a severe contender within the race to institutionalize blockchain finance.
The CRO/USD chart exhibits a robust bullish breakout after weeks of regular upward motion inside a rising channel sample.
The Cronos value surged previous the channel resistance and presently trades at $0.223, just under the $0.240 Fibonacci degree.
The 50-day Easy Shifting Common (SMA) at $0.159 and the 200-day SMA at $0.123 affirm a robust uptrend, with the shorter 50-day SMA properly above the 200-day SMA.
In the meantime, the Relative Power Index (RSI) at 82.79 alerts excessive overbought circumstances, hinting at attainable short-term pullbacks.
If momentum holds, the worth of CRO might retest $0.240 and doubtlessly prolong towards $0.34 (-0.618 Fib degree). Nonetheless, consolidation again towards $0.202 assist stays seemingly earlier than the following leg larger.
In accordance with a Pseudonymous consumer on X, Don, the CRO value is ready for costs above the $0.38 degree.
good W sample for $CRO
38 cents is the goal pic.twitter.com/S5hGAIrLJV
— Don (@TheDonOfApes) August 27, 2025
ETH Jumps 4% As Customary Chartered Says It’s Nonetheless ”Low cost”
The Ethereum token is up 68% within the final three months, which pushed it to a brand new all-time excessive (ATH) on August 24.
Even after such an enormous rally, Customary Chartered believes that the token and ETH company treasury corporations stay undervalued.
The ETH value might soar to $7,500 on the finish of this 12 months, stated head of digital belongings analysis Geoff Kendrick, including that treasury firms and ETFs (exchange-traded funds) have collectively absorbed almost 5% of all ETH in circulation since June.
STANDARD CHARTERED’S GEOFF KENDRICK DESCRIBES ETHEREUM AND $ETH TREASURY COMPANIES AS “CHEAP” AT CURRENT LEVELS, WHILE REAFFIRMING HIS $7,500 YEAR-END PRICE TARGET. https://t.co/Ongwc9Xooh pic.twitter.com/kQCxIM7L3V
— Mario Nawfal’s Roundtable (@RoundtableSpace) August 27, 2025
ETH has been in a robust bullish pattern, climbing from its March lows and just lately testing resistance close to $4,920 earlier than pulling again to round $4,571.
The Ethereum value stays above each the 50-day SMA at $3,879 and the 200-day SMA at $2,644, confirming a sustained uptrend.
Fibonacci retracement ranges present key assist round $4,104 and $3,599, the place prior resistance has now was assist. RSI sits at 57.31, suggesting wholesome momentum with out being overbought.
If bullish momentum continues, the worth of Ethereum might retest $4,920 (0 Fib degree) and purpose for brand new highs, whereas a breakdown might revisit the $4,100–$3,900 assist zone, close to the 0.236 Fib degree.
In accordance with Tom Lee, ETH might hit $5,500 in a few weeks and $10K-$12K by the tip of this 12 months.
TOM LEE @fundstrat predicts $ETH at $5.5K in a few weeks… and $10-12K by year-end!
HODLERS, this one’s for you. 💎🙌 pic.twitter.com/JhKEv4wFmX
— Smart Recommendation (@wiseadvicesumit) August 26, 2025
In the meantime, Sharplink Gaming has boosted its Ether treasury once more, buying $252 million in ETH and elevating $360.9 million by way of its at-the-market (ATM) fairness program.
The corporate now holds 797,794 ETH value about $3.64 billion. ETH ETFs have additionally recorded over $455 million in internet inflows on August 26, in accordance with Coinglass.
Individually, Japan’s Metaplanet introduced plans to boost an extra $880 million from abroad markets to purchase extra Bitcoin.
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