Crypto.com has announced adding deposits and withdrawals of $ZKCRO tokens via Cronos zkEVM. The addition of the coin comes at a time when Crypto.com has been expanding its offering steadily.
The news likely gave a push to the price of the token, giving the price a surge of over 7%. At the press time, the coin is trading at $0.1839, up over 7.2% as compared to the same time last day.
$ZKCRO Price Trades In Bullish Territory
$ZKCRO has seen a huge popularity rise in the past couple of months. At the press time, the Fear & Greed Index for the coin is at 75 (Greed).
Over the previous 30 days, Cronos zkEVM CRO saw 15/30 (50%) green days and 36.04% price volatility.
With 14 technical analysis indicators indicating optimistic signals and 4 indicating negative signals, the overall sentiment for the Cronos zkEVM CRO price prediction is bullish.
zkEVM Testnet Launch Helps Coin’s Popularity
The zkEVM testnet had announced the launch of a major reset on October 21, 2024. In order to ensure long-term stability, this endeavor seeks to synchronize the testnet with the mainnet.
The launch of the testnet has helped the coin gain popularity in the market. Throughout 2024, Cronos zkEVM implemented several significant updates to the ZKsync code base, which prompted the reset.
Crypto.com Expands Token Offerings
Crypto.com has been expanding its token offering for some time now. Just previously, with the announcement of Big Dog Fink’s (BINK) placement on its platform, Crypto.com had expanded the worldwide reach of the Solana-based memecoin.
The Crypto.com app allowed users to buy BINK using USD, EUR, and more than 20 fiat currencies, adding to its vast array of more than 250 supported cryptocurrencies, which already include USD Coin, Ethereum, and Bitcoin.
Crypto.com’s expansion of token offering comes as the platform eyes leading the market. Previously, in the cryptocurrency marketplaces of North America, Crypto.com had surpassed industry giant Coinbase to the top of the charts.
Crypto.com’s spot trading volume climbed from $34 billion in July to $134 billion in September. The overall trading volume on North American cryptocurrency exchanges in September was $183 billion, of which $46 billion was handled by Coinbase.
After maintaining its dominance in July, Crypto.com is on a second run of rising trading volume and ranking first on the list. As of October, Crypto.com is still ahead of Coinbase, which it first overtook in July.
So far this month, the exchange has seen $112 billion in trading volume, of which $173 billion has been exchanged on regional markets.