Crypto currency world witnessed a significant development today related to Cronos’s mainnet upgrade. The announcement by Cronos emphasized the transition to a new version. Let’s look at the details of this development together.
What Does Cronos v1.2 Upgrade Bring?
This upgrade brought improvements aimed at backward compatibility and RPC enhancements.
Cronos network, including general RPCs, Explorer, and the Cronos bridge, were paused and restarted after the upgrade was completed.
What is the Current Status of Cronos Price?
Following the development, the cryptocurrency Cronos (CRO) is trading at $0.12. This level represents an approximate 70% increase over the past year.
Considering that the all-time high price of CRO was $0.96, the price is currently 87% off its peak, indicating there is still a way to go for CRO. The peak price in 2024 reached up to $0.17. However, recent pullbacks in Bitcoin and other cryptocurrencies have also impacted the price of Cronos.
