$CFX ♻️The CFX token of Conflux Network has shown an increase in its value today. Here are some key details about CFX:
- *Current price*: $0.2137, with a 2.1% increase in the last 24 hours
- *Market capitalization*: $1,099,482,050, placing it at position #103 on CoinGecko
- *24-hour trading volume*: $268,420,792, with a decrease of 32.50% compared to the previous day
- *Circulating supply*: 5,120,542,566 CFX tokens
- *Total supply*: 5,693,501,366 CFX tokens
*Features of Conflux*:
- Conflux is a layer 1 blockchain network that allows the creation of decentralized applications (dApps) and interconnected economic ecosystems
- It utilizes a hybrid consensus mechanism of Proof of Work (PoW) and Proof of Stake (PoS) to achieve security and scalability
- It is compatible with the Ethereum Virtual Machine (EVM) and allows smart contracts in Solidity
*Recent news*:
- The price of CFX has surged strongly, reaching a market capitalization of $1.1 billion and a daily trading volume of $453.7 million, anticipating an update in September
- Conflux is the only public blockchain compliant with regulations in China, giving it a unique advantage for projects and expansion in Asia
