Cronos Soars 40% as Trump Media Announces Partnership: Will CRO Hit $1?

Cronos has had a crazy year. The token stumbled out of the gate in early 2025, then quietly gathered pace in July. By early August, it had erased most of the year’s losses – but nobody expected what just happened.

Because in the last 24 hours, CRO has exploded. A headline-grabbing partnership with Trump Media was the catalyst, and the token has soared 40% higher in a single day. Some traders are even speculating that it could keep rising to $1 before the end of the year.

Meanwhile, there’s another utility token going viral for very different reasons – Best Wallet Token. Its ongoing presale has raised over $15 million, and with a live product behind it, early investors see it as a cleaner bet than CRO for market-beating upside.

Let’s explore both of these altcoins and which could be set for the biggest gains going forward.

CRO Token Rallies 40%: Why Cronos is Surging

CRO is now hovering around $0.22 – up 56% over the past week. Zoom out a bit, and it’s up 163% in the last year. And even more telling, spot volumes have jumped 1,349% overnight to pass $1 billion.

Cronos’ rally all comes down to the Trump Media deal. The partnership with Crypto.com plugs CRO into Truth Social and the new Truth+ streaming service. Think subscriptions, rewards, and wallet payments – all running on CRO.

More importantly, Trump Media has agreed to buy about $105 million worth of the token. That’s roughly 685 million CRO, or about 2% of the total supply, in one go.

Add in a new CRO treasury vehicle tied to a $6.4 billion financing package, and you’ve got both near-term buying pressure and the promise of more to come. Traders didn’t need a second invitation – they immediately scrambled for CRO exposure.

Cronos Price Forecast – Can CRO Rally to $1?

Can CRO continue to rise to $1? The short answer is – maybe. Based on today’s price, it would require another 354% rally. That would put its market cap at around $34 billion, larger than Dogecoin’s. It’s doable, but not without major tailwinds.

For one, the Trump Media deal has to create actual demand, not just social media buzz. That means people paying subscriptions in CRO, earning rewards, and using it inside the apps. On top of that, the treasury structure has to keep buying CRO consistently.

Then there’s the Cronos roadmap. An ETF application is on the SEC’s desk, new product launches are in the works, and Crypto.com’s 100 million+ users give CRO a ready-made distribution channel.

But hitting $1 means reaching a top 10 crypto valuation. CRO will need more than headlines – it’ll need steady inflows and visible usage. It’s not impossible, yet it would take a perfect storm of catalysts.

Why Investors are Calling Best Wallet Token the Top Utility Play as Presale Hits $15M

Not everyone’s chasing CRO this week. Some are looking at smaller altcoins with greater upside potential, and Best Wallet Token is one of the standouts at the moment.

Best Wallet Token powers the Best Wallet app – a self-custody, no-KYC crypto wallet that’s already live with swaps, staking, portfolio tools, and even a launchpad for vetted token sales. Holding BEST gets you lower fees, boosted staking yields, and governance rights.

That’s why the project’s presale has raised over $15 million in funding so far. Its staged model keeps bumping the BEST token price higher, and a live staking protocol has boosted early demand.

Even more interesting is Best Wallet’s roadmap, which includes a crypto debit card offering 8% cashback, a browser extension, and an NFT gallery, all of which are currently in development. Influencer Borch Crypto believes these features could translate into more Best Wallet users and, in turn, more demand for BEST.

Plus, once the presale closes, BEST’s fully diluted valuation will be just $250 million. Compare that to CRO’s multi-billion-dollar market cap and you see the asymmetry. For CRO, multiplying requires billions in new capital. For BEST, even modest adoption could drive price up exponentially.

It’s the classic large-cap vs presale token dynamic – Cronos is the established name, but Best Wallet Token has the nimbleness that early-stage investors like to chase. That’s why many believe it’s the better buy.