#Conflux ($CFX ) is experiencing a remarkable increase of 78.27%, driven by innovation and government support. The launch of "Conflux Hydra" reduces gas costs by 80% and enhances compatibility with Ethereum, positioning Conflux as an efficient alternative.

Furthermore, its partnership with the Shanghai government for the development of a blockchain digital identity generated a record volume of $704 million in 24 hours. Technically, CFX has surpassed the resistance at $0.1011, with an RSI of 71.

The outlook for 2025 points to $0.47 if it maintains support at $0.0873, reinforced by its status as the only regulated blockchain in China.