$CFX Conflux Network This is not just an ordinary Layer 1 blockchain. It is the only public chain that is regulatory compliant in China, partnering with giants like the Shanghai municipal government, McDonald's China, and Oreo. The token $CFX serves as the fuel for this ecosystem, used for transaction fees, staking, and governance essentially as fuel and voting rights.
Fundamentally, the market capitalization stands at $1.07B, with a price around $0.21, down 1.7% in 24 hours but with a large volume of $305M, indicating quite good liquidity and interest. The circulating supply is 5.12B out of a total of 5.69B, with no max supply cap, thus inflation could be a slow drip risk. Community engagement is modest (Telegram 15.6K), and developer activity is stable but not explosive.