$CFX (Conflux Network’s native token) surged roughly 115 percent to about $0.24 on July 21, 2025, following the unveiling of an offshore yuan‑backed stablecoin (AxCNH) and plans to launch Conflux 3.0 in August, boasting up to 15,000 TPS and on‑chain AI support .
The AxCNH project, co-developed with AnchorX and Shenzhen-listed Eastcompeace, aims to serve Belt‑and‑Road cross-border corridors, while TokenPocket is piloting regional adoption across Central and Southeast Asia.
Trading volume surged past $1.7 billion in 24 hours
Separately, Conflux partnered with MetYa to roll out an AI‑driven SocialFi layer across Asia – miners, developers and institutional investors alike responded with renewed interest.