Conflux (CFX) has seen a short-term surge of over 7%, with its current price reported at $0.1118. This surge is attributed to the upcoming launch of Conflux 3.0 and the pilot project for the "Belt and Road" RMB stablecoin, which aims to support cross-border payments and real-world asset (RWA) batch settlements. The project boasts ambitious goals, including a significant increase in transactions per second (TPS) to 15,000 and support for AI agents.
*Key Developments:*
- Conflux 3.0 Launch: The upcoming launch is expected to bring significant upgrades and improvements to the Conflux network.
- *"Belt and Road" RMB Stablecoin*: This pilot project aims to facilitate cross-border payments and settlements, potentially increasing demand for CFX.
- *Regulatory Environment*: Tightening regulations, linked to a $6.5 billion illegal foreign exchange case in Shanghai using USDT, may push for stablecoin innovation, potentially benefiting CFX.
*Market Performance:*
- *Current Price*: $0.1118
- *24-hour Trading Volume*: $7.7 million
- *Market Capitalization*: $571.51 million
- *Price Change*:
- *24 hours*: +8.15%
- *7 days*: +15.76%
- *30 days*: +53.16%
- *1 year*: -36.40%
*Future Prospects:*
Given the GENIUS Act implementation and the growing interest in Asian stablecoin tracks, CFX might become a dark horse in the market. However, short-term volatility is high, and investors are advised to exercise caution. Some predictions suggest that CFX's price could average $0.1139 in 2025, with potential swings between $0.05924 and $0.1481 ¹.$CFX