Significant changes are happening in the cryptocurrency market, including the launch of Cronos ETP and the Ethereum upgrade. Unstaked is also attracting attention due to its successful presale.
Cronos ETP Broadens Access to Traditional Finance Users
The launch of a Cronos ETP by 21Shares is a strategic development for CRO, Crypto.com’s native currency. Now traditional finance users can add CRO to their portfolios without directly using crypto wallets. This move simplifies the inclusion of CRO in investment strategies and provides access to DeFi, NFTs, and Web3 services. Mandy Chiu, who heads product development at 21Shares, explained that this launch serves as a bridge between traditional systems and digital growth sectors.
Ethereum Moves Forward with Pectra Upgrade
Ethereum (ETH), the second-largest cryptocurrency by market cap, is in the spotlight following the successful rollout of its Pectra upgrade. This includes 11 Ethereum Improvement Proposals (EIPs) focused on enhancing performance. Notable among these are EIP-7702, which adds smart contract features to user wallets, and EIP-7251, which boosts the validator limit from 32 ETH to 2,048 ETH. Analysts believe the momentum from the upgrade could help ETH reach the $2,500 target.
Unstaked Gains Strong Traction During Presale
While Cronos and Ethereum receive boosts from new tools and upgrades, Unstaked is gaining traction through its presale. With over $1 million raised in 24 hours and total presale funding now past $4 million, Unstaked is standing out. Priced at $0.00799 in Stage 8, Unstaked focuses on delivering secure, user-led services post-presale, indicating rising interest in the project.
The launch of Cronos ETP and Ethereum’s upgrade highlight important changes in the cryptocurrency market. Meanwhile, Unstaked's rapid growth indicates strong investor interest, promising an exciting future for cryptocurrency.
