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Cronos community burns 228M CRO and commits product revenues to monthly buybacks amid ongoing token supply growth.

Protocol Fundamentals
09 Oct 2026
CryptoTicker
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Neutral
Cronos community burns 228M CRO and commits product revenues to monthly buybacks amid ongoing token supply growth.

The Cronos community has burned 228 million CRO tokens and approved a proposal to use all revenue from two new products for monthly CRO buybacks and burns. However, the network's Strategic Reserve releases about 1.167 billion CRO monthly, which currently outpaces the burn amount, meaning the overall token supply continues to grow. The buyback program's impact depends on the revenue generated by the new products, which has not yet been disclosed. Investors should watch for published transaction hashes of buybacks to verify the program's execution and consider the ongoing token issuance from the reserve when evaluating CRO's supply dynamics.

CRO is trading at Rp1,092 on Pluang with a market cap of Rp54.33 trillion and a 1-day loss of 3.17%. The token's supply dynamics, influenced by ongoing burns and reserve releases, may be factors in its current price movement. Data is as of Oct 09, 2026 14:02 WIB.

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