Sure. It just resists longer. The main thing that does damage is differential heat expansion. Firing gases heat the bore surface far faster than the heat can penetrate steel. It only gets a couple thousandths into the steel by the time the bullet exits. That means the top two thousandth expand while the base metal does not, and the difference in size eventually fatigues the connection between the surface and base metal. It winds up with heat stress cracks, looking like an alligator skin, and finally the squares in the pattern start to break off.
Chrome is tough and will resist that longer than plain steel, but not forever. You just need to decide how often you want to replace the barrel. The maker may be able to tell you how its life expectancy compares as a ratio to normal steel, and I expect that ratio will hold up with the hotter loads, too.
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