🚀 Why is $CFX rising? Here’s the scoop:
On‑chain & DeFi utility: CFX is native to Conflux—a fast, fee‑light Layer‑1 chain using hybrid PoW/PoS & Tree‑Graph scaling tech, making it an ideal hub for dApps, DeFi, NFTs, and staking
Major partnerships & roadmap updates: Collaboration with China Mobile, NFTs via Little Red Book, China Telecom SIM‑card project, plus roadmap releases (PoUW, ZK‑proofs) triggered rallies over 10%
Trader sentiment & volume surge: Trading volume has jumped massively (e.g., ~$282M/day), shows ~44% 24‑hr gains & ~49% weekly gains—classic signs of bullish momentum
Bullish technicals: Many indicators signal green—notably price breaking out of bullish patterns after roadmap catalysts
So the price jump to ~$0.15 reflects growing real‑world utility, institutional support, major on‑chain events in China, and strong market momentum.
🤔 Holding CFX or watching closely? Share your thoughts!
