CFX Token Surges 100% After Conflux 3.0 Upgrade and AI Integration, Faces 4.4% Pullback
Conflux (CFXUSDT) has experienced notable volatility in the past 24 hours, with the price declining by 4.40% to $0.2088 on Binance after a period of significant gains. The recent price surge, which saw CFXUSDT more than double in value over the past week, was primarily driven by the successful launch of the Conflux 3.0 upgrade, which enhances network throughput and introduces support for artificial intelligence and real-world asset applications. Additional momentum came from Conflux’s participation in the Belt and Road offshore RMB stablecoin pilot and heightened attention following the Conflux Technology & Ecosystem Conference in Shanghai, where the network’s future developments were discussed.
Currently, CFXUSDT is trading at $0.2088 with a 24-hour trading volume of approximately $1.00 billion and a market capitalization near $1.06 billion, reflecting strong market interest and activity despite the recent price correction as investors consolidate gains after the rapid appreciation.