Cronos soars, Solana holds ground, XRP lags amid Truth Social’s ‘Blue Chip’ ETF
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Trump Media and Technology Group (TMTG) has sent waves through the crypto markets following its recent filing for a new crypto-focused exchange-traded fund (ETF) under its Truth Social brand. The proposed ETF , titled the Truth Social Crypto Blue Chip ETF, includes Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cronos (CRO), and XRP — each selected to represent a diversified slice of the digital asset market. The ETF is poised to become one of the first to bundle top-tier crypto assets into a single investment vehicle. The ETF will feature a 70% allocation to Bitcoin and 15% to Ethereum, reflecting the dominance of these two assets. However, it is the smaller allocations (Solana at 8%, Cronos at 5%, and XRP at 2%) that are drawing heightened attention. While the filing is still pending regulatory approval, the market has already begun to respond, and not all assets are reacting the same way. Cronos (CRO) grabs the spotlight after ETF news The Truth Social Crypto Blue Chip ETF announcement sparked an immediate and dramatic surge in the price of Cronos, the native token of the Crypto.com ecosystem. Within an hour of the ETF filing going public, CRO jumped by more than 17%, outperforming all other assets mentioned in the disclosure. CRO price chart | Source: CoinGecko The move was not entirely surprising given the token’s relatively low market cap and the sudden wave of investor interest it attracted. This response was amplified by the fact that Crypto.com will not only serve as the custodian of the ETF’s assets but also act as the fund’s staking and liquidity provider. That deep integration between CRO’s issuer and the ETF itself has given traders a tangible reason to anticipate greater utility, visibility, and demand for the token in the near future. Although CRO corrected slightly after its sharp climb, it has held onto much of the gains and continues to trade near its highest level in several months. Market participants now view CRO’s inclusion as more than symbolic—it’s a signal that the asset could finally step into a more institutional spotlight. Solana (SOL) remains steady but doesn’t break out While Cronos exploded in value, Solana (SOL) showed more restraint in its price action, despite holding the third-largest allocation in the proposed ETF. SOL hovered just above the $150 mark, staying within its recent price range and only posting a modest 0.9% gain on the day of the announcement. Traders appear to believe that the news had already been priced in, especially after recent headlines involving Solana spot ETF applications and growing institutional attention to its ecosystem. Even without a breakout, Solana’s 40.8% gain over the past three months demonstrates strong momentum, which continues to attract long-term holders. Its relative stability in response to the ETF news could also indicate confidence from existing investors rather than a lack of interest. XRP underperforms despite ETF inclusion XRP’s reaction to the ETF announcement has been noticeably underwhelming, with the token declining by over 2% in the 24 hours following the news. This response surprised some traders who had anticipated a bump similar to what CRO experienced, given that XRP was also included in the ETF’s asset basket. However, lingering regulatory uncertainties surrounding Ripple, despite some legal victories, may have tempered enthusiasm for XRP’s short-term outlook. While the token has gained more than 400% over the past year, the lack of a strong ETF-driven rally suggests that investors are cautious about its next chapter The post Cronos soars, Solana holds ground, XRP lags amid Truth Social’s ‘Blue Chip’ ETF appeared first on Invezz

Source: Invezz