bullish

Cronos

Trump Media

Coin

CRO price could be ripe for a strong bullish breakout after forming a highly bullish hammer candle and as its stablecoin growth accelerates.
Cronos (<a href="https://crypto.news/price/cronos/" rel="noopener noreferrer nofollow">CRO</a>) token jumped to $0.28, up 11.6% from its lowest level this week and 260% above the year-to-date low of $0.08.
The main reason for the recent surge was the recent <a href="https://crypto.news/cronos-price-rockets-as-trump-media-crypto-com-back-6-4b-cro-treasury-merger/" rel="noopener noreferrer nofollow">partnership between Trump Media</a> and Crypto.com, which will see them create a fund to accumulate CRO tokens worth over $6 billion. CRO will also be part of Trump Media’s blue-chip crypto ETF.
Its current price action is due to its ecosystem growth. DeFi Llama data shows that the amount of stablecoins on its network jumped to a record high of $192 million, much higher than the year-to-date low of $18 million.&nbsp;
Most of this growth was driven by the USD Coin (<a href="https://crypto.news/price/usd-coin/" rel="noopener noreferrer nofollow">USDC</a>), the second-biggest cryptocurrency, whose supply on Cronos rose by 16% in the last 30 days to $179 million.&nbsp;
You might also like: <a href="https://crypto.news/top-3-reasons-the-soaring-cronos-price-is-due-for-a-correction/" rel="noopener noreferrer nofollow"> Top 3 reasons the soaring Cronos price is due for a correction </a>
Rising stablecoin supply on a blockchain is a positive thing because it sends a sign that its network is growing. The surge is especially important now that the US has passed the <a href="https://crypto.news/breaking-genius-act-passes-house-tim-scott-hails-stablecoin-bill-as-milestone/" rel="noopener noreferrer nofollow">GENIUS bill</a>.&nbsp;
Meanwhile, on-chain data show that whales have continued buying CRO tokens in the past few days. Their holdings have jumped by 45,465% in the last 30 days. Similarly, smart-money holdings have jumped by over 373% in this period.
<h2 class="wp-block-heading" id="cro-price-technical-analysis">CRO price technical analysis&nbsp;</h2>
<figure class="wp-block-image size-full">
 <img loading="lazy" width="3574" height="2038" src="https://media.crypto.news/2025/09/CRO-price.png" alt="cro price">
 <figcaption>
 Cronos price chart | Source: <a href="https://crypto.news/price/cronos/" rel="noopener noreferrer nofollow">crypto.news</a>
 </figcaption>
</figure>
The daily chart shows that the CRO price bottomed at $0.067, its lowest level in March. It recently rose above the important resistance point at $0.2328, the highest point in November last year.&nbsp;
Cronos price has remained above the 50-day and 200-day Exponential Moving Averages, which is a positive sign. The coin has also formed a hammer candle, a bullish reversal pattern.&nbsp;
Cronos has moved above the weak, stop, and reverse levels of the Murrey Math Lines indicator. Therefore, the token will likely continue rising as bulls target the overshoot point at $0.3174, about 15% above the current level.
You might also like: <a href="https://crypto.news/xrp-price-forms-multiple-bullish-patterns-as-ripple-etf-inflows-jump/" rel="noopener noreferrer nofollow"> XRP price forms multiple bullish patterns as Ripple ETF inflows jump </a>

CRO price signals rebound as key Cronos stablecoin metric hits ATH

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