Cronos Price Soars 15% Amid Strategic Crypto Reserve Speculations

The price of Cronos (CRO), the native token of Cronos Chain, surged by 15.8% on March 6, fueled by rumors and speculations that the token might be included in Donald Trump’s recently announced strategic crypto reserve. According to data from crypto price tracking platforms, CRO’s price jumped to $0.09 on Thursday, with its trading volume rising nearly 100%.

The sudden price surge followed an X post by Fox Business journalist Eleanor Terrett, who revealed that Crypto.com’s CEO, Kris Marszalek, would be attending the White House Crypto Summit on Friday. This announcement further fueled speculation that CRO could be part of the strategic crypto reserve, although the token has not been officially confirmed for inclusion.

The summit, which will feature over a dozen prominent crypto executives—including Ripple CEO Brad Garlinghouse and Chainlink co-founder Sergey Nazarov—is expected to discuss U.S. crypto policy. Despite the absence of an official confirmation, the idea of CRO joining the reserve is tantalizing, as President Trump previously mentioned that the strategic crypto reserve would include “other valuable cryptocurrencies,” in addition to Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Solana (SOL), and Cardano (ADA). This comment raised the possibility that additional tokens, including CRO, could be included in the reserve, adding fuel to the speculation and the subsequent price pump.