The Cronos token (CRO) surged over 10% to $0.11 following the appointment of Edward Adlard as the new ecosystem lead at Cronos Labs. Adlard, known for his previous roles as CEO of Instalabs and VP at Tezos, is set to drive institutional tokenization and AI innovation at Cronos Labs. This price increase in CRO coincided with Bitcoin reaching a new milestone, surpassing the $90,000 mark. The simultaneous rise in both cryptocurrencies highlights a period of significant market activity and investor interest.