Cronos token CRO traded higher on Tuesday as cryptocurrencies bid for an uptick.
The altcoin’s price was up more than 10% in 24 hours to $0.11.
Gains for the altcoin came amid a huge move by Cronos Labs, the accelerator arm of Crypto.com.
On Tuesday, the Cronos Labs team revealed the appointment of industry veteran Edward Adlard as Head of Ecosystem.
Timed amid growing adoption of the project’s offering, it is a move that sparked further positive market response.
CRO token gained by over 10% to above $0.11, a rebound from intraday lows of $0.098. Altcoins were up as Bitcoin price broke to $90,000.
Cronos Labs appoints new ecosystem head
Edward Adlard is the new Head of Ecosystem at Cronos Labs, the Crypto.com tied platform announced on December 2, 2025. The appointment positions him at the forefront of the network’s expansion strategy.
According to details, Adlard brings proven leadership in scaling ecosystems while prioritizing regulatory compliance. His stature as a veteran of the bridging of web2 and web3 adds to the expertise and expectations.
“Cronos has an active community, a strong technical foundation, and proven high-performance infrastructure,” Adlard stated in the official announcement.
He added:
“The next chapter is about accelerating ecosystem growth by deploying cutting-edge new use cases that drive an increase in users, liquidity, and builders. I believe Cronos is uniquely positioned to benefit from the maturing of global crypto regulations due to its institutional-ready stack, compliance-ready primitives, and opportunity to more deeply partner with Crypto.com.”
Notably, Adlard has recently served as CEO of Instalabs, a regulated institutional cross-chain bridge that facilitated seamless asset transfers across blockchains.
Before that, he was Vice President of Growth, Business Development, and Strategy at the Tezos Foundation.
At Tezos, Adlard helped shape ecosystem initiatives, chaired the investment committee, and directed funding toward infrastructure builders.
His web2 tenure at Amazon included spearheading the turnaround of the Amazon Money Store in the UK and overseeing Prime Video operations across Europe, honing skills in operational efficiency and multi-market expansion.
In his new role, Adlard will oversee ecosystem strategy, growth programs, partner integrations, and developer initiatives.
His mandate centers on accelerating institutional tokenization and fostering AI-driven innovations to enhance Cronos’s high-performance infrastructure.
CRO price jumps 10%
Amid the news, Cronos token’s price jumped. CRO is the utility asset powering transactions and staking on the Cronos network and has experienced sharp gains in recent months following ecosystem developments.
On Tuesday, CRO climbed from an overnight low of $0.098, touching highs of $0.11.
This marked a 10% uptick in 24 hours and came as trading volume spiked by over 38% to over $27 million.
While ecosystem news has helped bulls, Cronos’ price is also ticking up amid a 5% spike in Bitcoin’s price.
The benchmark digital asset recovered sharply on December 2, 2025, and traded above $90,000 as risk assets pumped.
JUST IN: Bitcoin is back over $90,000 pic.twitter.com/Adi4vQHuJe
— Lark Davis (@TheCryptoLark) December 2, 2025
BTC’s uptick and Cronos ecosystem’s growth, bolstered by Adlard’s expertise in regulated infrastructure, could bolster the short-term forecasts for CRO.
If bulls maintain control above $0.10, the potential for further gains means buyers eyeing $0.14 and then $0.20 next.
