Trending Tokens
Conflux (CFX)
🔷 What is Conflux (CFX)?
Public Layer-1 blockchain using a Tree-Graph consensus to improve scalability.
Known as China’s “official” blockchain, with partnerships across Chinese Web3 initiatives.
Aims to bridge Eastern and Western markets for decentralized applications (dApps), NFTs, and DeFi.
🔑 Key Features:
High Transactions Per Second (TPS) without sacrificing decentralization.
Regulatory advantage in China, allowing projects to legally operate where others face restrictions.
Native token: CFX, used for gas fees, staking, and governance.
📈 Why CFX is Surging:
Strong technical breakout from a descending triangle.
Growing interest in Asia-focused projects.
Increased use of CFX for NFT platforms, Web3 services, and cross-border payment solutions.
⚠️ Risks:
Heavy reliance on Chinese market adoption.
Competition from global Layer-1 blockchains.
Regulatory shifts could impact its growth.