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Cryptocurrency News Articles

Cronos (CRO) Gains New Visibility as 21Shares Launches an Exchange Traded Product (ETP)

May 13, 2025 at 02:00 am

This move gives traditional investors regulated access to the token. Meanwhile, Ethereum (ETH) is aiming for $2,500 after the Pectra upgrade

Cronos (CRO) Gains New Visibility as 21Shares Launches an Exchange Traded Product (ETP)

The crypto market is full of activity as both established and emerging projects attract investor interest. Cronos (CRO) gained new visibility after 21Shares launched an Exchange Traded Product (ETP) on Euronext in Paris and Amsterdam. This move provides traditional investors with regulated access to the token. Meanwhile, Ethereum (ETH) is aiming for $2,500 after completing the Pectra upgrade, which brought 11 Ethereum Improvement Proposals (EIPs) to enhance validator participation and wallet features.

However, while these tokens keep the spotlight, Unstaked has quietly made headlines by raising over $1 million in a single 24-hour period and pushing its total presale amount past $4 million. Currently in Stage 9 at a price of $0.00823, Unstaked offers early buyers a rare chance to enter a fast-moving project at an attractive rate before its targeted launch at $0.1819.

Cronos ETP Launch Expands Token's Reach

Cronos (CRO), the native token of Crypto.com’s network, has recently come into focus with a new ETP by 21Shares. This product provides traditional investors with an opportunity to gain exposure to CRO through Paris and Amsterdam’s Euronext exchanges without needing to set up crypto wallets or engage in direct crypto trading.

Launching on May 7, 2025, the ETP offers a way for investors familiar with traditional finance to invest in CRO. According to 21Shares, the ETP will enable investors to easily add CRO, which is used for DeFi and NFTs, to their portfolios. Mandy Chiu of 21Shares explained that the ETP will connect users to a blockchain system supporting DeFi, NFTs, and Web3 tools.

Despite this news, Cronos has yet to break out in terms of price. The token currently holds a market cap of $2.3 billion and a fully diluted value of $8.7 billion. Its DeFi ecosystem has around $400 million in locked value, showcasing steady but moderate growth.

Ethereum’s Pectra Upgrade Could Push Price Toward $2,500

Shifting focus to the second-largest crypto by market cap, Ethereum (ETH) has completed its Pectra upgrade, which went live on May 7, 2025. This is the biggest upgrade since the 2022 Merge and brings 11 Ethereum Improvement Proposals (EIPs) aimed at streamlining the network.

Key updates include EIP-7702, which grants smart contract abilities to wallets, and EIP-7251, which increases the validator cap from 32 ETH to 2,048 ETH to help larger participants manage their stakes better. These improvements have drawn strong interest from both developers and investors.

From a price standpoint, Ethereum is trading at about $2,300. The next target is $2,500, which is seen as a key level by analysts. Some believe that this upgrade could push ETH higher if buying momentum continues. However, technical signals remain mixed, with the RSI at 56.2, suggesting that price movement could go either way.

Unstaked Surpasses $4 Million in Presale and Reaches Stage 9 at $0.00823

While Cronos and Ethereum adjust to traditional markets and technology updates, Unstaked is emerging as a notable option for early-stage investors. Unlike established tokens that are adapting to existing trends, Unstaked is quickly creating its own path. It has reportedly raised over $1 million in a single 24-hour period and pushed its total presale amount past $4 million.

Currently in Stage 9 of its presale at a price of $0.00823, Unstaked offers a rare chance for early participants to join a fast-moving project at a low entry point. This structured presale is aiming to reward early supporters with a target launch price of $0.1819, presenting strong potential gains for those securing tokens now.

Unstaked is focused on providing secure and decentralized utility, aiming to generate real value for its users. This focus seems to be resonating strongly, as evidenced by the impressive presale response and rapid fundraising pace. As momentum builds and the project prepares for launch, early buyers are well-positioned to capitalize on the emerging opportunity. For anyone searching for the top crypto to buy in 2025 and be at the forefront of a new venture, Unstaked presents a viable candidate.

Presale: https://presale.unstaked.com/

Website: https://unstaked.com/

Telegram: https://t.me/UnstakedTokenOfficial

X: https://t.me/UnstakedTokenOfficial

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Other articles published on Jun 08, 2025