$CFX Conflux (CFX) token surged about 11.6% to $0.215 on August 3, 2025, with trading volume reaching approximately $140.9 million. The move appears to be speculative; no official announcements from Conflux leadership were made regarding any catalyst .
Corresponding media coverage describes it as typical volatility for a mid-cap Layer‑1 blockchain, with no apparent effect on broader markets like Ethereum or Bitcoin .
Another report notes roughly a 14% rally over the weekend, possibly tied to China-related buzz, though analysts believe the jump is market-driven rather than based on fundamentals .
🧾 Summary Table
Token Price (Aug 3, 2025) 24‑hour Change Volume Key Notes
CFX ≈ $0.215 +11.6% ≈ $140.9M No official statement or clear catalyst
🔎 What’s next?
No clear, verified catalyst: Market sentiment or trader-driven speculation seems most likely.
Watch for updates: No new information has been released from the Conflux team or community as of now.
Remember: Crypto markets are inherently volatile, especially for mid‑cap assets. Price may swing again soon.
If you meant Colfax Corporation (NYSE: CFX) instead of Conflux:
There’s little analyst coverage or news on Colfax (now known as Enovis). Some reports previously noted a price target cut to $52 by KeyBanc, though more recent updates and clear ratings are unavailable .
Price performance has seen significant volatility year-to-date, including a drop of over 40% from its 52‑week high of $49.83 .
Current price is hovering in the mid‑$20s range with no recent analyst consensus .
