The post Cronos Price Rose 11% Ahead of zkEVM Mainnet Launch, $1 Soon? appeared on BitcoinEthereumNews.com.

Cronos price recently surged with broader market sentiment. Meanwhile, the Cronos zkEVM public mainnet (alpha) launch date is August 15th. The Cronos zkEVM public mainnet (alpha) launch date is targeted for August 15. Cronos’ newest, future-proof blockchain network is almost ready to go live. On Aug 15, users will be able to connect their wallet, bridge funds, and use a large and growing number of dapps. What are… https://t.co/aYOdM7FKAS pic.twitter.com/UM3zPWJfO3 — Cronos (@cronos_chain) August 8, 2024 This would mark a milestone in their growth calendar. Cronos (CRO) has tied up with some launch partners including @cronos_identity, @pythNetwork, @earnnetwork, @Zyfi, and a few others. For the curious, the Cronos (CRO) happens to be a blockchain that interoperates with both the Cosmos and Ethereum ecosystems. Spot Volume Inflow Accelerated & More Stats For the recent rise, the stats are all green, with major witnessed price and market cap growth of 11%. The price reached $0.08802, and market cap amounted to $2.33 Billion. In terms of the market capitalization formulated based on the past 24-hour price action, CRO has occupied the 30th seat among the top 50 crypto assets globally. Likewise, the recent surge had a massive spot inflow surge of more than 157% to $18.9 Million. However, trading might be a concern on exchange closest to its price, as liquidity happens to be weak, where the 24-hour volume to market cap ratio was at 0.78%. Its TVL had decreased before, but this year, in 2024, the TVL showed good activity and witnessed growth. Which, as of writing was at $422.55 Million.  Therefore, it signified the increase in the demand for the CRO project and the increase in investors’ willingness to invest.  Decoding, Cronos (CRO) Price Structure After a drastic fall from $1 to $0.048 in the past, the price structure showed advancement…

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Filed under: News - @ August 10, 2024 10:12 pm