$CFX
🧩 Basic Introduction and Technical Features
• Conflux is a government-approved Layer-1 blockchain from China, combining PoW and PoS for a hybrid consensus, utilizing its unique Tree-Graph architecture, focusing on speed, compliance, and cross-chain interoperability.
• The platform is primarily used to support compliant DeFi, NFTs, and cross-border data applications, with cross-chain liquidity support provided by protocols like ShuttleFlow.
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📊 Price Fluctuations and Recent Trends
• CFX rebounded from around $0.191 to $0.2338 in the short term, but failed to break through subsequent resistance and has seen a correction, with recent trading around $0.211.
• Reviewing technical indicators (such as RSI, MACD), there are currently signs of momentum retreat, failing to form a strong breakout, reflecting insufficient bullish momentum.
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🚀 Positive Catalysts
• Policy and Cooperation Growth: Conflux has a compliance advantage in the Asian crypto regulatory region, expanding ecosystem collaborations, such as joining AGNT Hub; additionally, there are plans to implement the V3.0.0 hard fork in September 2025, enhancing EVM compatibility and bug fixes.
• Asset Class Upgrades and Stablecoin News: Recent market rumors suggest the launch of an offshore RMB stablecoin, as well as the Conflux 3.0 upgrade, which previously stimulated a single-day price surge of over 40%.
