#StablecoinLaw
$CFX has gone up 40% over the last 24H, fueled by news that Hong Kong-listed Leading Pharma Biotech plans to acquire Conflux. The deal hints at deep integration, as two Conflux co-founders already hold executive roles at Pharma.

Technicals show strong momentum: RSI is rising at 72.6, MACD just crossed bullish, and price broke the $0.102 Fib level with eyes on $0.15. Volume surged 433% to $236M, confirming the breakout strength.

On-chain data adds fuel with a 76M $CFX burn and 500M CFX staked since May have cut liquid supply by ~11%. Ecosystem buzz from the Conflux Tech Conference also played a role.

$CFX is up 100% since breaking out of its daily triangle. MORE