Cronos Teams Up with AWS to Skyrocket Tokenization-But Will the CRO Price Budge?

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Oh, the thrilling world of partnerships! Cronos has joyously announced its collaboration with none other than Amazon Web Services (AWS) to enhance asset tokenization on their Crypto.com-affiliated blockchain. It seems like just yesterday they were doing the same thing with Google Cloud-well, under a year ago, to be precise. But alas, their CRO token price remains stubbornly below $0.20, barely fluttering in the wake of the broader crypto market chaos. Sigh, some things never change.

The ever-optimistic Mirko Zhao, the founder of Cronos Labs, confirmed this exciting news in a press release on September 30th. The goal? To snatch up some tokenization market share, naturally, by luring developers and making on-chain transaction data accessible via AWS Public Blockchain Data. Seems simple enough, right?

And for those startups eyeing a piece of the tokenization pie, there’s a delightful offer of up to $100,000 in AWS credits-perfect for scaling early-stage platforms, DeFi protocols, and even AI-driven applications built on Cronos. Because, why not add some AI into the mix? Surely that will solve all of the world’s problems.

“The next growth cycle will be defined by tokenization and real-world assets. Cronos is uniquely positioned with distribution through Crypto.com, liquidity anchored in CRO, and a roadmap that ties tokenization and AI into one interoperable system. Building on AWS extends this foundation, giving institutions a secure, scalable pathway to bridge traditional and decentralized finance,” said the ever-hopeful Mirko Zhao.

This announcement is part of Cronos’ grand vision for 2025-2026, where they plan to deploy $10 billion in tokenized assets and reach 20 million users globally. Can we all just take a moment to admire the audacity?

If this all sounds familiar, it’s because Cronos made a similar deal with Google Cloud in November 2024, proving that they are seriously committed to this whole asset tokenization thing. I mean, who wouldn’t want to tokenize their assets and sprinkle in a little cloud partnership while they’re at it?

Cronos (CRO) price still can’t break free from its sub-$0.20 slump, even after this shiny AWS deal | Source: CoinMarketCap

With a market capitalization of $6.73 billion, Cronos’ CRO token remains the 22nd largest cryptocurrency according to CoinMarketCap. However, despite a 68.6% rise in trading volumes, the CRO price continues to languish below $0.20. Because, as we all know, even the most promising partnerships don’t guarantee immediate price relief. 😒

Cronos (CRO) Price Forecast: Traders Wrestle with Mixed Signals, RSI Signals More Bearish Vibes

Ah, the bittersweet dance of the markets. Despite its shiny new partnership with Amazon Web Services, Cronos (CRO) couldn’t catch a break, with the price dipping to $0.193 after a brief, pitiful recovery attempt. Clearly, the sell-the-news syndrome is alive and well, as traders nervously eye the broader market turbulence.

Cronos (CRO) Technical Price Analysis | Source: TradingView

From a technical standpoint, the Relative Strength Index (RSI) of 39.34 suggests that momentum is weak, teetering dangerously close to oversold territory. The Parabolic SAR dots, positioned at $0.18, hint at short-term bullish hope, but let’s be real-bullish hope doesn’t pay the bills. 🧐

Meanwhile, the Price-Volume Trend (PVT) is flatlining at 1.42B, implying that fresh capital inflows are about as scarce as a unicorn sighting. If the bearish sentiment prevails and the sell-the-news frenzy continues, CRO could slide toward the September lows of $0.15. But of course, if the bulls somehow find their mojo and reclaim the elusive $0.23 level, who knows? It’s a rollercoaster, really.

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2025-09-30 23:00