Crypto.com is making significant moves to bolster Cronos Chain by expanding its influence through licensing and partnerships in various regions, including Asia and Europe.
Current Status of CRO in the Market
Currently, CRO is trading around **$0.094–$0.096** following a volatile two-week period in which it dropped from recent highs near **$0.11**. Over the last 7 days, CRO is down approximately **9%** and has recorded a **14%** decline over the past month. Despite the correction, CRO remains structurally stable above its macro support zone between **$0.085 and $0.090**, which has held since late 2023.
Partnerships and New Initiatives
Crypto.com continues to expand its influence through licensing, partnerships, and infrastructure investment, particularly in Asia, the Middle East, and Europe. Notably, **Cronos Labs** announced a partnership with **Particle Network** to build modular authentication layers that streamline the onboarding process for new Web3 applications. Additionally, recent efforts include integrating native staking rewards into the Crypto.com centralized exchange wallet UI, allowing users to delegate CRO to validators directly through their accounts.
Outlook for Cronos Chain
A key narrative for 2025 is positioning Cronos as a gateway chain for regulated DeFi (RegFi). Crypto.com's compliance-first approach is aimed at attracting institutional capital and building legitimacy in volatile regulatory conditions. Their licenses in the UAE and Singapore continue to be valuable assets in this endeavor.
Current developments indicate that Crypto.com’s expansion and Cronos Chain’s enhanced functionality are laying the groundwork for future growth and adaptation to the needs of institutional investors.
