What is Cronos (CRO) coin? What is the future of CRO coin? Is it worth investing in?

Cronos, officially known as Crypto.org Coin, is a utility token on the Crypto.com platform. Crypto.com is not just a cryptocurrency exchange, it is an ecosystem with many apps and other projects.

CRO can be used to pay fees on the platform and can also be used as collateral for various benefits. CROs, like most cryptocurrencies, have struggled for some time past. So, will CROs perform better after 2025? Would it be a good investment?

In this article, we'll take a closer look at Cronos (CRO), including its features, future prospects, and more.

 The latest CRO coin news and dynamics

Crypto.com recently announced an agreement with Trump Media (TMTG) to launch ETFs covering cryptocurrencies and securities.

According to foreign media reports, "these ETFs are provided by Foris Capital US LLC, a broker-dealer in Crypto.com, and are expected to contain digital assets as well as US-made focused securities, involving different industries such as energy."

Crypto.com Native token Cronos (CRO) showed optimism, driven by positive news, rising nearly 14% in a single day.

Trump Media's partnership with Crpto.com could drive popular interest in cryptocurrencies and provide much-needed clarity on the place of crypto products in the broader financial sector.

Notably, the partnership coincides with crypto backer Paul Atkins attending the new SEC chairman, and the market expects U.S. crypto regulation to become looser, driving the growth of crypto ETFs.

 Cronos introduced

Cronos (CRO) is the native token of the Crypto.com blockchain and the Cronos EVM chain that runs alongside it.

Cronos is an Ethereum Virtual Machine (EVM)-compatible chain that runs in parallel with the Crypto.org chain and aims to support the Creator Economy through applications such as DeFi and GameFi, which will eventually become the infrastructure of the metaverse. Cronos offers faster and cheaper transactions than the Ethereum mainnet and is more friendly to decentralized applications (DApps) and smart contracts.

Whereas Crypto.com is a versatile financial platform where users can buy, sell, and earn digital assets. The platform currently has more than 50 million users. Crypto.com exchange also offers a variety of features, such as a non-fungible token (NFT) marketplace, a Visa card that offers up to 8% cashback and is accepted in around 40 countries, a crypto wallet, a token swap feature, the opportunity for daily rewards and interest, and as the ability to monetize crypto assets without selling them.

As outlined in the Crypto.com whitepaper, the Cronos ecosystem is a significant milestone in the adoption of Web 3.0 by millions of users. Cronos is responsible for settling transaction fees on Crypto.com chain, cementing its important role in the ecosystem. The token also plays a key role in the staking process, allowing users to earn benefits such as cashback rewards, increased interest rates, an additional 2% APY on fixed deposits, and other attractive rewards.

 History of Cronos

Formerly known as Monaco, Crypto.com was founded in Hong Kong in 2016 by Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo. It is currently operated by Foris DAX Asia, a Singapore-based company that is a subsidiary of Foris DAX MT (Malta) Limited. Later, the company changed its name to Crypto.com.

In 2017, Crypto.com conducted a successful ICO and launched the now-discontinued token MCO (Monaco). On August 2, 2020, Crypto.com stopped using MCO tokens in favor of CROs. MCO holders are able to exchange their tokens for CRO tokens at an exchange rate of 1:33. Although the deal caused some outrage from the Crypto.com user base, many believed it was the right business move.

With the launch of the Crypto.org blockchain, the company changed the name of the token to Cronos but retained the ticker symbol CRO.

CROs play an important role in powering the entire Crypto.com ecosystem and act as the native token on the Crypto.org and Cronos blockchains.

The following are the important historical processes of Cronos (CRO):

• CRO started with a fixed supply of 100 billion, and the token was officially launched in December 2018 and airdropped via a mobile app. Unlike most cryptocurrencies, it does not have an ICO, presale, or public sale.
•  The airdrop lasted for six months and was then locked for another year.
• Thanks to the advent of Crypto.com, CROs have become more accessible to the public.
• Token holders are eligible to stake their tokens directly on the platform at a 20% APY.
• In February 2021, Crypto.com announced a major update to the distro, burning 70 billion CRO. This later had a huge impact on the relationship between the circulating supply and the maximum supply of the CRO.
• In February 2022, Crypto.org decided to rebrand Crypto.com Coin (CRO) to "Cronos". However, the ticker symbol for CRO remains the same.
• In January 2023, the Cronos mainnet network was upgraded to v1.0 "Galileo".

Cronos has achieved a lot since its launch. Here are some of the key developments from Cronos over the past few years:

• In November 2021, Cronos and Etherscan entered into a partnership for the CronoScan Chain Explorer.
• In December 2021, Cronos launched the bridge to the Cosmos Hub (IBC channel between Cronos and Cosmos Hub).
• In February 2022, Ken Timsit was appointed Managing Director of Cronos Chain and Particle B.
• In July 2022, Covalent integrated with Cronos Blockchain to make it easier for developers, data analysts, and investors to access data.
• In September 2022, the Cronos Chain Ambassador Program (CROnauts) was launched.
• In October 2022, the network began launching the Argonaut NFT collection featuring Argo Finance.
• In February 2023, Cronos Labs launched the second batch of accelerators to advance Web3 dApp development.
• In March 2023, Cronos Labs partnered with DoraHacks to expand the developer community.

 How Cronos works

Cronos is based on Ethermint, a scalable, high-volume blockchain framework that is fully compatible and interoperable with Ethereum. This is the main difference between Cronos and Crypto.org blockchains. The latter is not based on Ethermint and therefore does not support applications created for the EVM platform and other derivative frameworks.

The Cronos network relies on Tendermint Core's proof-of-stake (PoS) engine to reach consensus. PoS stipulates that validators stake a portion of their assets in smart contracts to incentivize good behavior when validating transactions. The benefit of PoS is that it is more scalable than the proof-of-work (PoW) used by several established networks such as Bitcoin, Litecoin, Ethereum, and Bitcoin Cash.

Cronos is an open-source blockchain that allows all CRO token holders to participate in its governance. Anyone can suggest, fund it and vote for it, and others can make sure it passes.

By adopting the Ethermint framework, Cronos has the best of both worlds in both the Ethereum and Cosmos ecosystems. Extensibility is also a big attraction for dApp developers on the Ethereum network to port their applications to Cronos.

 The Cronos advantag

• Cronos is Ethereum-compatible, so dApps created using the solidity programming language can be easily ported;
• The network is part of the Crypto.com family, which currently serves more than 10 million potential Cronos users;
• It is highly scalable, greener and cheaper than Bitcoin and Ethereum;
• It is interoperable with several other blockchains based on the Cosmos SDK.

 What is CRO Coin?

CRO is the native token of Cronos, an ERC-20 token on the Ethereum blockchain. The token was originally called "Crypto.org Coin," but its name has been changed to reflect the decentralized nature of cryptocurrencies and the goal of making Cronos a diverse and extensive network. The total supply of the token is 30 billion, after Crypto.com decided to burn 70 billion in February 2021. Its token distribution is as follows:

•  30%: Secondary distribution and on-line incentives, released in batches within five years
•  20%: Capital Reserve Account
•  20%: Long-term network incentives
•  20%: Ecosystem grants
•  10%: Community and marketing efforts

The rest of the tokens, created on Ethereum according to the popular ERC-20 standard, were ported to the Crypto.org chain, but their utility remains the same.

 CRO Coin Overview

•  Token name: Cronos
•  Code: CRO
•  Token Type: Utility, Governance
•  Total Supply: 30 Billion CRO

 What CRO is used for

Holding CRO allows users to reap the benefits of Crypto.com ecosystem. These include discounts on Crypto.com transaction fees, as well as the ability to get a Crypto.com Visa card that offers a range of benefits. Here are the main uses of CRO coins:

 1. Staking

Node operators, delegators, and governance proposers need to hold CRO tokens to enable their activities. Staking can be done directly on the Cronos platform using a supported self-custody wallet or through a staking service such as the one provided by Crypto.com exchange;

 2. Pay for multiple transactions

CRO can be used to pay for transactions on two parallel blockchains, to pay for gas on the Cronos chain, and to pay for transactions on the Crypto.com platform. In addition, CRO can be used to make payments across multiple Crypto.com products, such as Visa cards and the Crypto Pay app;

 3. Investment

Traders can speculate on the value of CROs on a variety of trading platforms, including Crypto.com, and CROs can also be used within Defi platforms to borrow and lend money, earn interest and bonuses, and get cash back when using Visa-branded Crypto.com cards.

 CRO Coin Price Chart

 Cronos (CRO) Historical Price Chart Analysis

Now, let's dive into the historical price action of CRO. While past performance should not be taken as a definitive indicator of future results, understanding the token's past behavior can provide valuable context when evaluating Cronos' price predictions or developing our own price predictions.

CRO was launched in mid-December 2018 and was initially valued at around $0.0153. The coin experienced a significant increase, with its value almost sevenfold increasing to $0.103 on March 15, 2019. It then entered a phase of relative stagnation, where its value rose steadily until late spring 2020.

On March 14, 2020, the cryptocurrency was valued at $0.03187, and by August 31, 2020, the token had risen more than fivefold to $0.1785. The rally could be influenced by the launch of the Crypto.com wallet at the end of March.

Subsequently, driven by the bull market, CRO saw a significant spike in early 2021, from $0.06362 on February 4, 2021 to $0.2452 on April 15, 2021, an increase of about 285%. However, the cryptocurrency experienced a falling fall before making a comeback, reaching an all-time high of $0.9005 on November 23, 2021. However, the price then retreated, ending the year at $0.5575.

Crypto.com proudly highlighted its rapid popularity and notable achievements, including being the first global cryptocurrency exchange to launch its own NFT platform and receiving recognition from Academy Award-winning actor and author Matt Damon for its global brand campaign. However, 2022 has been a challenging year for CROs. It initially faced a decline and then briefly broke above $0.50 on February 9.

Unfortunately, despite the rebranding from Crypto.com to Cronos, which was intended to reflect the token's decentralization and the significant growth of the Cronos ecosystem, the positive sentiment surrounding its value was short-lived. After Crypto.com decided to reduce certain staking rewards and terminate important partnerships, the price of CRO began to fall further.

 The latest CRO price action

According to market data, as of now, CRO Coin is trading at $0.0919, with a price change of 11.15% over the last 24 hours and 10.99% over the last 7 days.

The current CRO has a market cap of $2.4B, placing it at 39. Its last 24 hour trading volume is $101.4M.

 Here is the live price chart of CROUSDT:

 CRO Coin Price Prediction 2025-2050

With the volatility of the cryptocurrency market, people are curious about the direction and price of the Cronos token in the short and long term.

 1. CRO Coin Price Prediction for 2025

According to our current Cronos price prediction, the price of CRO Coin is expected to increase by -5.94% to $0.0864 by 2025-05-08.

 2. CRO Coin Price Prediction for 2026-2050

Based on the past price action of the Cronos (CRO) token and its fundamentals, we have listed the following prediction charts.

 3. CRO Coin Price Predictions from Other Crypto Experts

Next, let's take a look at some CRO price predictions from other experts.

CoinsKid expects the CRO coin to be $0.1226 by the end of 2025 and possibly rise to $0.1913 by December 2026.

According to Digital Coin Price's analysis and Crypto.com token price predictions, the CRO token may soon regain lost momentum. According to its forecasts, the highest and lowest prices in 2030 are $0.73 and $0.68, respectively.

According to the Crypto.com Token (CRO) price prediction, the token price could reach around $1.35 by the end of 2025.

CryptoNewsZ has listed a price prediction table for CRO 2025-2030, which shows that the lowest and highest price of CRO coin in 2030 is $1.45 and $1.70, respectively.

When considering CRO token price predictions, it is important to keep in mind that the cryptocurrency market is still extremely volatile, making it difficult to accurately predict the price of a coin or token in a few hours, and even more difficult to give long-term estimates. As a result, analysts and algorithm-based forecasters can and do make wrong predictions.

If you're considering investing in cryptocurrency tokens, we recommend that you always do your own research. Check out the latest market trends, news, technical and fundamental analysis, and expert opinions before making any investment decisions.

As an innovative blockchain network, Cronos is now pushing cross-chain interoperability into reality, which is its greatest advantage. More cryptocurrency projects are launching similar visions, but Cronos has the advantage because it was launched as part of other established product lines.

Its parent company Crypto.com also runs another parallel blockchain called Crypto.org Chain, which complements each other and also enables Crypto.com to offer more advanced products, such as Defi and NFT marketplaces, that provide more utility to its user base.

All in all, Cronos (CRO) has a very promising start, but only time will tell if it achieves its vision of replacing Ethereum, which is currently facing scalability challenges.