Cronos Network has burned 228 million CRO tokens from its community pool following voter approval, bringing total burns under the community program to 428 million tokens. This burn used tokens already held in the community pool, not purchased from exchanges, and is part of a new framework where all revenue from Ult and Cronos Launch products will be used for monthly CRO buybacks and burns. The move aims to reduce token supply and increase transparency by publishing transaction hashes for public verification. Staking rewards remain unchanged, supported by the Strategic Reserve as emissions decline. Future buyback amounts will depend on product revenue and market conditions, with CRO trading near $0.0669 after a recent 1.56% gain.
CRO is currently trading at Rp1,206 on Pluang, showing a 2.01% increase in the last day. As of Oct 04, 2026 12:31 WIB, the token has a market cap of Rp59.17 trillion and a 24-hour trading volume of Rp104.71 million, with most Pluang users selling rather than buying.
