The Rise Of Cronos (CRO): Controversial Token Issuance And The Trump Effect Driving The Pump
Introduction
CRO(CRO) ushered in a major breakthrough in 2025. As the core of the Crypto.com ecosystem, the issuance of CRO tokens has sparked intense discussions on Cronos governance. Meanwhile, the improvement of blockchain scalability has driven the thriving development of DeFi and GameFi on Cronos. This article delves into the latest dynamics of CRO, revealing its unique position in the rapidly evolving cryptocurrency market.
CRO Token Issuance Controversy: The Fate of 70 Billion Tokens
In March 2025, the Cronos (CEO) ecosystem experienced a major governance controversy due to the sudden issuance of 70 billion tokens, which temporarily made it a hot token. Cronos proposed to reverse the token burning event in February 2021 and reissue these tokens to the Cronos strategic reserve custody wallet, aiming to reward ecosystem participants. However, this move has caused a split in the community, as some users believe it is a ‘pump and dump’ strategy that harms the interests of token holders.
The specific process of this issuance event is as follows:
Proposal: Increase the circulation of 70 billion CRO, accounting for 7% of the total supply, to incentivize developers, liquidity providers, and community contributors.
Voting result: Due to the actual control of 70-80% of the voting rights by Crypto.com and Cronos, the final proposal passed ‘by the skin of its teeth’ with the participation of official forces.
Market reaction: after the issuance, CRO price A 15% drop in the short term, with some exchanges suspending CRO trading, has damaged market confidence. To appease the community, Cronos later proposed to burn 1 billion CRO annually, but this move was mocked by the community as needing 700 years to restore the current supply.
This incident has been called “the most absurd governance farce in history” in the industry, because the scale of the additional issuance is too large, and there is a lack of full transparency and community consensus, which has raised questions and criticisms of Cronos’ governance mechanism.
The Cronos ecosystem is steadily developing, collaborating with over 500 developers
In fact, long before the 70 billion CRO was issued, CRO became a hot token due to multiple big pumps, thanks to its long-term steady ecosystem development. It is reported that Cronos (cronos.org) is a leading blockchain ecosystem that has collaborated with over 500 app developers and contributors, representing a global user base of over 100 million addressable users. Its mission is to open up the future of finance for everyone, with a focus on decentralized finance (DeFi) and gaming, providing fast, low-cost, and carbon-neutral transactions.
According to the whitepaper, Cronos features include: Scalability: providing fast, low-cost transactions, carbon neutrality, and securely safeguarding billions of dollars in user assets.
Interoperability: Combining Ethereum and Cosmos open source technologies to support cross-chain applications.
Community-driven: covering users, contributors, and partners, supporting a global community of over 100 million people.
Collaborating with the Trump Media Group: The story behind CRO’s 30% big pump
CRO’s market performance has been volatile recently. In addition to the mentioned issuance event, it also surged 30% briefly due to the Trump effect. Trump Media and Technology Group (TMTG) announced a preliminary cooperation intention with related parties of Cronos, planning to launch ETF and related products through Truth.Fi, expected to be officially launched in 2025, but still requires the signing of final agreements and regulatory approval.
Affected by this news, CRO surged more than 30% in the short term, with trading volume soaring to 300 million US dollars within 24 hours, showing the market’s high sensitivity to political connections. However, the rise was not sustained, and the price subsequently fell back to around $0.12, reflecting investors’ concerns about regulatory uncertainty.
Conclusion
In 2025, Cronos showed strong development momentum, providing an ideal platform for DeFi and GameFi applications with its EVM compatibility and scalability. However, the governance disputes and market fluctuations of Cronos reflect the challenges decentralized projects face in balancing community interests and business goals. The short-term rise in collaboration with Trump indicates that the influence of political connections on cryptocurrency prices cannot be ignored. In the future, Cronos needs to strengthen community communication and regulatory compliance to restore investor confidence.
Risk Warning: The market is highly volatile, regulatory policy changes may affect the development of the Cronos ecosystem, investment needs to be cautious.
