$CFX is the native token of Conflux Network, a Layer-1 blockchain that stands out for its hybrid consensus mechanism (PoW/PoS) and Tree-Graph architecture, which allows for high scalability and low fees. Conflux is the only public blockchain compliant with Chinese regulations, acting as a bridge between Asian and Western markets. The CFX token has several functionalities, including payment of transaction fees, participation in network governance, and staking to earn rewards.

Price forecasts for CFX are speculative and vary greatly depending on the sources, but some analyses suggest long-term growth potential. Key factors that could influence the price include network adoption in China, new partnerships, technical updates (such as the recent release of Conflux 3.0 mainnet), and the overall sentiment of the crypto market. Investors should always consider the high volatility of the market and do their own research.

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