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Cryptocurrency News Articles
Unstaked’s Presale Rockets to $4M in Record Time! Cronos ETP Rises & ETH Climbs Toward $2,500
May 12, 2025 at 08:00 am
Fresh momentum is building across the crypto market as well-known names and newer projects drive fresh interest.
Cronos (CRO) is coming into the mainstream financial fold with the launch of a Cronos ETP by 21Shares, now available on Euronext Paris and Amsterdam. This provides traditional finance users with a regulated way to gain exposure to CRO.
Meanwhile, Ethereum (ETH) is aiming for the $2,500 price target following the Pectra upgrade, delivering 11 key Ethereum Improvement Proposals (EIPs) focused on improving validator engagement and wallet capabilities.
However, in a remarkable feat, Unstaked has managed to raise over $1 million in a single day, propelling its overall presale tally past the $4 million mark. Available at Stage 8 for $0.00799, Unstaked is quickly becoming one of the most discussed crypto projects of 2025.
Cronos ETP Expands Access for Traditional Finance Users
The introduction of a Cronos ETP by 21Shares marks a strategic move for CRO, the native currency of Crypto.com. Now listed on the Paris and Amsterdam branches of Euronext, users from traditional finance can effortlessly add CRO exposure to their portfolios without needing to create a crypto wallet.
This launch is a crucial step for allowing users who are more accustomed to standard broker platforms to engage in digital assets through fully regulated channels. As highlighted by 21Shares, this launch will simplify the inclusion of CRO in investment strategies, with the ETP acting as a gateway to DeFi, NFTs, and Web3 services.
According to Mandy Chiu, who heads product development at 21Shares, this initiative is focused on bridging traditional systems with rapidly growing sectors in the digital realm.
Despite this progress, Cronos has yet to experience a breakout in price. With a market cap of around $2.3 billion, a fully diluted value of $8.7 billion, and approximately $400 million locked in DeFi, the network is still in the midst of development.
Ethereum Pectra Upgrade Delivers 11 EIPs and $2,500 Target
Ethereum (ETH), the second-largest crypto by market cap, is in the spotlight following the successful rollout of its Pectra upgrade on May 7, 2025. This marks its biggest upgrade since the 2022 Merge and includes 11 EIPs aimed at boosting performance.
Among these are EIP-7702, which introduces smart contract capabilities to user wallets, and EIP-7251, which increases the validator limit from 32 ETH to 2,048 ETH, simplifying operations for larger players. These additions have sparked interest among both ETH users and developers, ultimately strengthening the network’s performance and scalability.
In terms of price, Ethereum is holding steady at around $2,300, with the $2,500 resistance mark closely tied to a significant Fibonacci level. As analysts point out, the momentum generated by the upgrade could propel ETH toward that price target. However, with the RSI at 56.2, there’s still room for potential price swings.
Unstaked At $0.00799 Surpasses $4M In Presale As $1M Pours In A Day
While Cronos and Ethereum are gaining attention for new tools and upgrades, Unstaked is rapidly filling its presale. Having raised over $1 million in a 24-hour period and seen its overall presale funding pass $4 million, Unstaked is certainly turning heads.
Now priced at $0.00799 for Stage 8, Unstaked gives early backers a chance to join ahead of its official launch price of $0.1819. This setup is designed to benefit those who commit early, potentially offering a 2700% return once the project goes live.
The main focus of Unstaked is not on hype but on delivering usable services that will be accessible after the presale ends. With its presale in the final stages and a large community already formed on Telegram and X, Unstaked is quickly becoming a hot topic in the crypto sphere.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Global cryptocurrency market grew on Sunday, reaching a total value of $3.34 trillion
- May 12, 2025 at 05:30 pm
- Bitcoin (BTC) remains the top cryptocurrency. It traded at $104,780, gaining 1% in a day and 9.77% over the week. Ethereum (ETH) had a stronger rally, jumping 4.71% in one day and 37.83% in a week, reaching $2,522.86.