Conflux (CFX): High‑Speed, Scalable Layer‑1 for Mass Adoption
Conflux (CFX) is a high-performance, permissionless Layer‑1 blockchain that blends Proof‑Of Work and Proof‑of‑Stake using its innovative Tree‑Graph consensus. Designed by researchers at Tsinghua and MIT, Conflux achieves fast, low‑cost transactions while maintaining security and decentralization . CFX currently trades at approximately $0.21, with a 24‑hour trading volume exceeding $340 million, and a market cap around $1.09 billion .
The native token powers gas fees, staking rewards, governance, and ecosystem grants while supporting cross‑chain interoperability via Shuttle flow. Conflux’s robust ecosystem includes collaborations with China Telecom, Tsinghua University, and Binance, positioning it as a compliant, scalable player for Web3 innovation in Asia and beyond .
With DeFi, gaming, and storage use‑cases growing on Conflux, CFX offers utility, scalability, and global expansion potential that investors and developers should watch closely.
