The CFX currency represents the official project of the Conflux network, which is a high-performance blockchain aimed at solving scalability issues without sacrificing security or decentralization. In the short term, the currency shows natural fluctuations amid market volatility, with attempts to stabilize within a clear support and resistance range.
In the long term, the Conflux project is considered promising, especially with its increasing partnerships and adoption in some Asian markets, giving it a competitive edge. With the network's developments and technical plans, the project is likely to witness gradual growth.
However, the need for risk management and continuous evaluation remains essential before making investment decisions, especially in an environment experiencing rapid regulatory and technical changes.
