Cronos CRO
Cryptocurrency · Layer 1 · Proof of Stake (PoS) · launched in 2021
№35of 40 032
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- Price —
- $2.7 billion
- Capitalization
- $4.41 million
- Volume over 24 hours
- 0.1%
- Dominance
About the coin
- Circulating supply
- 50.74 billion CRO
- Total supply
- 99 billion CRO
- Maximum supply
- 100 billion CRO
- Fully diluted capitalization
- $5.32 billion
- 24h high
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- 24h low
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Cronos (CRO) is a high-performance decentralized layer-1 blockchain developed with support from leading cryptocurrency platform Crypto.com. The network is built on Cosmos SDK architecture and is one of the first platforms fully compatible with both the Ethereum ecosystem (EVM) and the Cosmos inter-blockchain communication protocol (IBC). This enables developers to instantly port DeFi applications and NFT projects from other networks.
System security is provided by an energy-efficient Proof-of-Stake (PoS) consensus algorithm. The native CRO token is used for gas fees, staking, in-game transactions, and earning rewards within Crypto.com products.
Additional information
FAQ
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Cronos is a decentralized Layer 1 blockchain with open source code, launched with support from the Crypto.com platform. The network is designed for mass scaling of decentralized finance (DeFi) applications, blockchain games (GameFi) and metaverses, offering users fast transactions and low fees.
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Cronos is built on the Cosmos SDK framework while fully supporting the Ethereum Virtual Machine (EVM). This unique combination allows the network to function as a bridge: developers can easily port smart contracts from Ethereum, and users can instantly exchange assets with other blockchains through the Cosmos IBC protocol.
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The network operates on an energy-efficient Proof-of-Stake (PoS) consensus algorithm using the Tendermint engine, making classic GPU mining impossible. Transaction verification is performed by validators. Regular users can delegate their CRO coins to them for staking to secure the network and earn passive income.
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CRO coin serves as the base settlement token (gas) for paying fees for any transfers and execution of smart contracts on the Cronos network. It is also used for staking, paying game rewards, and providing various discounts, cashback, and privileges to users of the Crypto.com ecosystem.
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The ecosystem consists of two complementary blockchains. Cronos POS Chain (formerly Crypto.org Chain) is optimized for fast and secure retail payments and transfers. Cronos EVM Chain is a programmable layer for complex smart contracts, decentralized applications (dApps), and DeFi protocols.
Legal status of crypto assets in Uzbekistan
This section is for reference only and shows global market data. MONIQ is not a crypto asset service provider, does not carry out operations with crypto assets and does not give individual investment advice.
- Crypto assets are not legal tender in the Republic of Uzbekistan: they cannot be used to pay for goods and services, except in cases directly established by law.
- Residents may buy, sell and exchange crypto assets only through providers licensed by the NAPP — crypto exchanges, crypto shops, crypto depositories and mining pools registered as legal entities resident in Uzbekistan.
- The register of licences is maintained by the National Agency of Perspective Projects. Licences are issued and revoked, so the composition of the register changes — check the status of a venue at the moment of the transaction.
- Until 1 January 2029 transactions with crypto assets are not subject to taxation, and income from them is not included in aggregate income.
- Crypto assets are not traded on the RSE «Toshkent» and are not available through a broker account. There are no guaranteed returns, investments are not insured, and the price may change by tens of percent in a short time.
The information does not replace legal advice. Regulation changes — before any transaction check the current wording of the law and the register of licences at .