$CFX What Drives the CFX Market Cap?
Several factors influence CFX’s market cap:
1. Network Adoption
More DApps and developers using Conflux Network increase the demand for CFX, pushing up the price.
2. Partnerships
CFX has gained traction, especially in China, due to regulatory support and collaborations with key institutions.
3. Tokenomics
CFX has a unique economic model, combining proof-of-work with Tree-Graph consensus, optimizing throughput while keeping inflation controlled.