Cryptocurrencies to watch this week: Binance Coin, Cronos, ZetaChain

Bitcoin (BTC) remains stable above $84,000, while the market capitalization of all coins has risen above $2.8 trillion.

The crypto market will have two major catalysts this week: President Donald Trump's tariffs and the Federal Reserve's interest rate decision. Trump softening his stance on tariffs and the Fed adopting a more dovish stance would be bullish signals for cryptocurrencies and other risk assets.

The top cryptocurrencies to watch this week will be Binance, Cronos, and Zettachain. BNB's price will be in focus this week, as developers will activate the Pascal hard fork on March 20. This is one of three updates planned for the first half of the year. It should include new features including better compatibility with Ethereum, a native smart contract wallet, and more security.

The two other updates will improve the speed and security of the BNB chain. This is because the BSC chain is emerging as one of the best alternatives to Ethereum (ETH) and Solana (SOL). Ethereum has high fees and is slow, while the Solana network is very closely tied to memes.

The Cronos key voting will end on March 17. The purpose of this pivotal voting is to determine the creation of the Cronos strategic reserve. It aims to reverse the 70 billion token burn that took place in 2021.

If the vote passes, Cronos will create 70 billion tokens and use them to create a reserve that will be used to support the ecosystem. Critics argue that the creation of these new tokens will dilute existing investors by increasing the supply.

The voting data shows that 45.8% of users voted in favor of the proposal, while 44.4% rejected it. 9.27% ​​​​abstained from voting. If the voting ends thus the proposal will be rejected as the voting percentage is less than the quorum.

Zetachain is another cryptocurrency to keep an eye on, as its price has dropped to an all-time low of $0.2070. It has dropped by more than 92% from its all-time high, leaving its market capitalization at $151 million.

One reason for Zeta’s price drop is that the total value in its ecosystem has dropped from an all-time high of around $20 million to $13 million.

The other reason is that Zetachain is highly vulnerable as its circulating supply is 731 million while the total supply is 2.1 billion.