$CFX Conflux (CFX) recently experienced a sudden increase in trading volume. After dropping to a support level of $0.17, it bounced back and is now holding strong above $0.20. This price behavior suggests growing interest from investors and traders.

Conflux is known for being a blockchain project that is focused on Asia, particularly China. It stands out because it’s one of the very few public blockchains that have been approved for use by the Chinese government. This is an important detail — China is strict about crypto, so any project allowed to operate there has a big potential advantage. This unique status gives Conflux a rare position in the market that other blockchains can’t easily claim.