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# ETF Connected to Trump Causes Cronos (CRO) to Skyrocket by Over 35%: How Much Further Can It Ascend?
CRO has emerged from weeks of stability, boosted by fresh advancements in its environment and rumors of a prospective ETF.
Cronos (CRO) surpassed its month-long stable range of $0.07-$0.095 during Asian trading hours on Toncoin (TON) Value Forecast for March 26th 25th, climbing 38% to a daily peak of $0.114. Its market capitalization reached $2.26 billion, while daily trading volume soared over 1300% to almost $300 million, indicating a substantial increase in activity.
The price surge comes after reports that Trump Media & Technology Group (the parent organization of Truth Social) has established a non-binding alliance with Crypto.com to introduce a series of new exchange-traded products under the Truth.Fi brand.
These forthcoming ETFs and ETPs are anticipated to incorporate cryptocurrencies like CRO and Bitcoin, as well as conventional securities emphasizing a “Made in America” theme, encompassing sectors like energy and production.
Investors are particularly thrilled, as the strategy appears to be in line with Crypto.com’s wider strategy, which involves intentions to apply for a dedicated CRO ETF later this year, potentially in Q4.
Adding to the excitement, the altcoin is also gaining momentum as the project plans a mainnet upgrade tomorrow, March 26th, at 7:00 AM UTC.
This upgrade will present smart account SSO, enabling users to log in using Google, Apple ID, or email, removing the necessity for seed phrases or private keys. It also sets the stage for the ZK Gateway, predicted to improve cross-chain interoperability for ZK-rollup chains.
According to CoinGlass, derivatives traders are flocking to CRO, with open interest in its futures market almost doubling in a day to over $44 million. Social media sentiment has also become optimistic, with CRO trending on X.
Financial observers express positive sentiment regarding the token’s future potential. One participant in the online community anticipates that the token might escalate to $3, marking a surge exceeding 2600% from the present values.
Another undisclosed expert, CW8900, implies that surpassing the $0.235 threshold could set off a comprehensive optimistic market trend for CRO.
## CRO Specialized Assessment
Specialized metrics additionally hint at forthcoming profits for CRO down the line.
Examining the 1D/USDT graphical representation, CRO has outstripped the 50-day and 200-day rapid moving averages, a sign pointing to a continuous optimistic turnaround.
The MACD line has intersected the signal line, with both inclining upwards, as the Chaikin Monetary Circulation index progressively advances toward the equilibrium line, showcasing heightened procurement intensity and fresh assets or finances entering the resource.
Consequently, CRO’s anticipated subsequent aim is the mental obstruction degree of $0.15, a pivotal degree that might pose a temporary hurdle. Surmounting this zone could empower positive investors to strive higher, conceivably aiming for CRO’s December peak of $0.214 as the ensuing substantial upside objective.
Nonetheless, the community’s robust disapproval of Crypto.com’s re-issuance of 70 billion formerly incinerated CRO tokens has ignited inquiries concerning straightforwardness. Should the circumstance intensify further, it could impede or even invert the ongoing optimistic drive.
Exemption clause: This piece does not offer monetary guidance. The substance and resources herein are solely intended for scholastic intentions.
