Cronos price spikes 26% as Trump Media announces $6.4b CRO treasury

  • Cronos (CRO) price jumped 26% after Crypto.com announced a partnership with Trump Media.
  • Both CRO and Crypto.com digital wallet will be integrated with Trump Media platforms.
  • Trump Media to buy $105 million in CRO, about 685,427,004 tokens, but targets $6.42 billion treasury.

Cronos price is skyrocketing as the crypto market reacts to news that Crypto.com has partnered with Trump Media & Technology Group. The partnership also involves Yorkville Acquisition Corp. in a deal that will see Trump Media establish a $6.42 billion CRO treasury.

The CRO price was up 26% after the news that the strategic partnership is aimed at forming Trump Media Group CRO Strategy, Inc., a digital asset treasury company dedicated to acquiring Cronos (CRO) tokens.

Cronos surges as Trump Media eyes $6.4b CRO treasury

As noted, the announcement that Trump Media Group CRO Strategy, Inc. is set to form the world’s largest CRO treasury strategy ignited a 26% surge in the price of the Crypto.com token.

On August 26, 2025, Trump Media & Technology Group, operator of Truth Social, Truth+, and Truth.Fi announced it had signed a cooperation and purchase agreement with Crypto.com.

Specifically, the companies have agreed to integrate CRO and Crypto.com’s digital wallet infrastructure into Trump Media’s platforms.

The partnership also includes a massive positive for CRO, with Trump Media not just adding the altcoin as rewards on Truth Social and Truth+, but also taking a concrete step in backing up a $6.42 billion CRO treasury initiative.

In the short term, $105 million worth of CRO, totalling 685,427,004 CRO, is set for Trump Media’s balance sheet.

Trump Media’s CRO treasury details

The new entity plans to acquire $1 billion worth of CRO tokens, which will account for approximately 19% of the total CRO market cap, or roughly 6.3 billion tokens.

Overall, the substantial investment is eyeing ploughing $200 million in cash, $220 million in mandatory exercise warrants and a $5 billion equity line of credit from Yorkville into the publicly-traded CRO treasury.

“The sheer size and structure of this project will encompass more than the entire current market capitalization of CRO, with the additional commitments of over $400 million in cash and a further $5 billion line of credit facility to acquire additional CRO,” said Kris Marszalek, co-founder and chief executive officer of Crypto.com. “This, combined with share lock-ups by each party and the treasury’s validator strategy, make it a unique and compelling offering compared to all other digital asset treasuries.”

The partnership between Trump Media and Crypto.com extends the companies’ collaboration and positions Cronos as one of the top altcoins hitting treasury bets.

CRO price rose to highs of $0.20 as of writing, going vertical as most cryptocurrencies struggled with downside pressure.

The post Cronos price spikes 26% as Trump Media announces $6.4b CRO treasury appeared first on CoinJournal.

TRX faces correction as Tron shatters $600B stablecoin record

  • Tron (TRX) slips below its ascending trendline, signalling a possible short-term correction.
  • Tron hits $600B stablecoin transfers, outpacing Ethereum in volume.
  • Tron network dominance contrasts with bearish indicators on the TRX price.

Tron’s native token, TRX, is at a crossroads. The cryptocurrency is flashing signs of weakness on technical charts, even as its underlying network continues to break records in stablecoin activity.

With the TRX price sliding below key trendlines and bearish indicators building, the contrast with Tron’s booming fundamentals has left traders debating whether a correction or a rally will come next.

Bearish pressure builds on TRX

TRX slipped below its ascending trendline this week, trading around $0.345 after a near 7% pullback from its yearly high at $0.370.

The breakdown marked the first decisive violation of the bullish structure that had been in place since late June.

On-chain and derivatives data echo the bearish mood. CryptoQuant’s Spot Taker CVD for TRX has been in negative territory since mid-August, signalling that sellers are in control of market flows.

TRX's Spot Taker CVD (Cumulative Volume Delta, 90-day)

At the same time, Coinglass data shows that TRX’s funding rate has turned negative, with shorts outpacing longs — a development often linked with growing downside pressure.

TRX funding rate

Momentum indicators are also leaning bearish. The Relative Strength Index (RSI) is stuck near its neutral 50 level, showing indecision, while the Moving Average Convergence Divergence (MACD) flipped into a bearish crossover on Sunday, flashing fresh sell signals.

If TRX fails to reclaim the $0.345 level on a daily close, a decline toward $0.330 remains a strong possibility.

Tron network strength paints a different picture

While technical charts point lower, Tron’s network fundamentals tell another story.

The blockchain recently processed more than $600 billion in stablecoin transfers in a single month, an unprecedented milestone that highlights its growing role as the backbone of global digital payments.

The surge in transaction activity underscores Tron’s competitive edge: low fees and fast settlement times. Users and institutions are increasingly choosing the network to move value, making it the preferred settlement layer for Tether’s USDT.

More than nine million transactions are now processed daily, with over one million unique wallets interacting with stablecoins on Tron each day.

This level of usage is not only significant compared with rivals, but it also dwarfs Ethereum in terms of stablecoin settlement.

Recent data released by Messari shows Tron commanding more than 63% of the circulating USDT supply at $81.2 billion, compared with Ethereum’s $73.8 billion.

In daily transfer volumes, Tron moves almost seven times more than Ethereum, cementing its dominance in this segment of the market.

TRX price outlook

For Tron (TRX) token holders, the current picture is mixed. On the one hand, technical indicators point to a near-term correction, with $0.330 emerging as the next downside target if sellers maintain pressure.

On the other hand, the network’s record-breaking volumes and commanding position in the stablecoin market provide a strong long-term bullish backdrop.

At $0.3478, TRX trades nearly 19% below its all-time high of $0.4313 set in December 2024.

Nevertheless, the token is still up more than 100% year-on-year, supported by steady adoption and robust transaction flows.

For now, the key level to watch remains $0.345. A sustained break below it would favour further weakness, but a recovery above could reopen the path toward $0.370.

The post TRX faces correction as Tron shatters $600B stablecoin record appeared first on CoinJournal.

BNB sets new ATH as Ex-Bitmain execs launch $1B treasury fund backed by CZ

  • BNB has retraced to $843 after hitting a new all-time high of $899.77.
  • Ex-Bitmain executives have launched a $1B BNB treasury backed by CZ’s YZi Labs.
  • Institutional funds are driving BNB’s shift toward reserve asset status.

BNB, the native token of the Binance ecosystem, has surged to new highs, cementing its position as one of the strongest performers in the crypto market in 2025.

The rally comes as institutional interest in the token deepens, with a new $1 billion BNB treasury fund led by former Bitmain executives and backed by Binance founder Changpeng Zhao’s family office, YZi Labs.

BNB pushes to new highs

The token recently reached an all-time high of $899.77 before entering a modest correction.

At the time of writing, BNB trades around $843, reflecting a slight pullback of less than 10% from the peak.

Notably, the correction remains well within a healthy range, suggesting room for further upside once the market stabilises.

Compared with Bitcoin (BTC), which has been experiencing a deeper correction, BNB has shown stronger resilience.

The BNB token is holding near key support zones around $820–$815, where buyers are expected to step in.

Technical indicators, including a neutral Relative Strength Index (RSI) and bullish momentum on the MACD, suggest that a recovery phase could be near.

According to market analysis, $859.50 is the next resistance zone, with the possibility of soaring past the $899.77 ATH if momentum holds.

The $1B BNB treasury initiative

The bullish BNB sentiment has been reinforced by the announcement of a new $1 billion BNB treasury company by B Strategy, a digital asset investment firm founded by former Bitmain executives.

The project has secured backing from YZi Labs, the family office established by Zhao and Binance co-founder Yi He.

B Strategy’s ambition is not limited to holding BNB as a reserve asset.

The firm says it will also direct capital toward technology development, community-driven projects, and grants for applications built on the BNB Chain.

Leaders at the firm describe their vision as becoming the “Berkshire Hathaway of the BNB ecosystem,” signalling a dual role as both custodian and active investor.

Heading the initiative is Leon Lu, co-founder of Metalpha, alongside Max Hua, former chief financial officer of Bitmain.

Both bring a blend of digital asset expertise and corporate finance experience, a mix aimed at creating strong governance, independent audits, and transparent risk management frameworks.

Institutional momentum builds around BNB

The rise of BNB-focused treasury funds is becoming a notable trend in digital asset investment.

Earlier this year, 10X Capital raised $250 million to accumulate BNB, pioneering the treasury model with support from YZi Labs.

Other companies, such as CEA Industries, saw their stock prices soar after announcing BNB treasury plans, while BMB Network reported that its $500 million BNB vehicle was oversubscribed.

These developments highlight the growing appetite among institutional investors for regulated exposure to BNB.

By mirroring closed-end investment structures, treasury companies are offering family offices and accredited investors a way to participate in Binance’s ecosystem without holding the token directly.

CZ’s influence looms large

Despite the institutional momentum, questions remain over governance.

A 2024 report by Forbes estimated that Zhao controls roughly 64% of the total BNB supply, or about 94 million tokens.

While this concentration gives him significant influence over the token’s trajectory, it also reassures some investors who view his support as a long-term anchor for BNB’s value.

For Binance, which processes more than $12 billion in daily spot trading and upwards of $60 billion in derivatives volume, the growing adoption of BNB as a reserve asset reinforces the token’s central role in the exchange’s ecosystem.

From paying transaction fees to staking and governance, the BNB token continues to expand its utility across multiple fronts.

Outlook for BNB

BNB’s recent price action, combined with the launch of a $1 billion treasury fund, underscores a shift in how the token is perceived.

Once seen largely as a retail-driven asset, the BNB cryptocurrency is now gaining recognition as an institutionally supported digital currency with reserve-like qualities.

If B Strategy’s initiative succeeds, it could mark a turning point for Binance’s token, embedding it deeper into global financial markets.

While short-term corrections may test investor confidence, the long-term trajectory appears increasingly tied to institutional adoption and Binance’s continued dominance in crypto trading.

The post BNB sets new ATH as Ex-Bitmain execs launch $1B treasury fund backed by CZ appeared first on CoinJournal.

Dogecoin at a crossroads: whales exit, support holds, breakout looms

  • Dogecoin whales have cut holdings as market sentiment turns risk-off.
  • Project Sakura aims to shift DOGE to proof-of-stake.
  • DOGE is trading in a triangle pattern with breakout potential on the horizon.

Dogecoin (DOGE), the world’s largest meme coin, has faced growing selling pressure in recent days, although signs of resilience remain.

With major investors scaling back exposure and a bold new protocol proposal in the works, the future path of DOGE is being shaped in real time.

Whales trim holdings as sentiment weakens

Large holders of DOGE, often referred to as whales, have steadily reduced their positions over the past few weeks.

According to on-chain data, addresses holding between 10 million and 100 million coins now account for just over 16% of the total supply, down from nearly 17% in July.

addresses holding between 10 million and 100 million DOGE coins

This retreat reflects a broader risk-off mood across crypto markets, where investors are choosing to de-risk amid a wave of uncertainty.

At the same time, the futures market is also signalling caution.

Open interest, which measures the total value of outstanding contracts, has fallen sharply from a July peak of $5.35 billion to around $3.54 billion.

The drop suggests traders are less willing to bet aggressively on short-term price gains, dampening the chances of an immediate recovery.

Activity on the Dogecoin network slows

On-chain data from Glassnode shows that daily active addresses have collapsed from over half a million in June to fewer than 50,000 in late August.

Daily active DOGE adresses chart

The steep decline in user activity points to fading demand for DOGE as a medium of exchange, and it has become a drag on price performance.

Despite the pullback, Dogecoin has managed to hold a key technical level near $0.21.

Analysts say this zone, backed by the 100-day and 200-day exponential moving averages, has become an important line of defence for bulls.

If broken, the next significant support levels lie at $0.18 and $0.16.

Project Sakura promises a shake-up

Amid these pressures, the Dogecoin Foundation has revealed Project Sakura, a protocol test that could reshape the network.

Director Timothy Stebbing described the initiative as a move to transition Dogecoin from its proof-of-work system to proof-of-stake.

The shift, he argues, would make the network more secure against 51% attacks and align with Dogecoin’s long-term ambition of becoming a true global currency.

The idea of staking has divided the community, with some viewing it as a necessary innovation while others see it as a departure from the coin’s original ethos.

If implemented, the protocol change could attract institutional support and redefine Dogecoin’s role beyond its meme coin label.

Technical picture points to an explosive move

On the charts, DOGE is trading inside a symmetrical triangle pattern near $0.22 as highlighted by crypto analyst Ali Martinez.

Resistance looms at $0.25, while the base of the triangle rests near $0.165.

This structure, which reflects weeks of consolidation, often precedes sharp moves once the price breaks through either side.

Technically speaking, consolidation rarely lasts long, meaning a breakout may be closer than many expect.

If Dogecoin holds support and breaks upward, it could target $0.44 in the near term, representing a gain of about 170%.

A failure to defend $0.21, however, would leave the door open to a slide toward the $0.18–$0.16 zone.

The post Dogecoin at a crossroads: whales exit, support holds, breakout looms appeared first on CoinJournal.

XRP battles the $3 barrier amid institutional selling and triangle squeeze

  • XRP trades near $2.94 amid high volume and cautious accumulation.
  • Institutional selling and regulatory uncertainty pressure the price.
  • A symmetrical triangle hints at a potential breakout or breakdown.

XRP, currently trading at $2.94, is struggling to maintain momentum above $3 amid a mix of institutional selling and cautious accumulation by market participants.

The cryptocurrency has experienced heightened volatility over the past few days, with the 24-hour range fluctuating between $2.85 and $2.97.

Nevertheless, trading volume has remained elevated, reaching approximately $7.18 billion, reflecting active repositioning by both retail and institutional traders.

Institutional selling weighs on price

One of the main factors behind XRP’s recent downturn has been the large-scale offloading by institutional investors.

These sales have contributed to a 1.58% decline from $2.95 to $2.90 in the last 24 hours, underscoring the influence of major holders on market sentiment.

The downward pressure was exacerbated by low on-chain activity, leaving fewer buyers to absorb the selling and amplifying price swings.

Over the past week, however, XRP has gained 3.28%, suggesting that some buyers remain willing to step in at lower levels.

Spot flows show cautious accumulation

Exchange data indicates that market participants are entering positions gradually rather than aggressively selling into the downturn.

According to Coinglass data, the XRP spot netflows are at approximately $12.7 million, suggesting measured accumulation during the pullback.

XRP spot netflow

These modest inflows show that traders are positioning strategically, balancing risk with the potential for a rebound if XRP can reclaim higher levels.

Descending triangle pattern forms signalling a breakout

On the technical front, XRP is compressing within a descending symmetrical triangle, trading between $2.86 support and $3.12 resistance.

XRP price chart analysis

Bulls are defending the lower end of this range, while sellers cap price under $3.05.

The triangle pattern, evident on the four-hour and daily charts, suggests that the market is nearing a decision point.

A breakout above $3.12 could send XRP toward $3.25–$3.40, whereas a breach below $2.80 may accelerate losses to $2.74 and even $2.68, aligning with high-volume accumulation nodes.

XRP price outlook

XRP’s near-term trajectory hinges on its ability to navigate the $2.85–$3.05 compression zone.

With a dense cluster of moving averages, including the 20, 50, 100, and 200 EMAs, spanning $3.00–$3.05, limiting upward momentum, the stakes remain high for investors seeking to gauge the token’s next move.

Until price decisively closes above these moving averages, rallies are likely to encounter selling pressure.

However, momentum indicators such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) remain near neutral, reflecting market indecision.

Traders should closely monitor exchange flows, even as they keep an eye on the identified technical levels, as the upcoming sessions could determine whether XRP will extend its summer recovery or fall into deeper consolidation.

The post XRP battles the $3 barrier amid institutional selling and triangle squeeze appeared first on CoinJournal.