$CFX
CFX is the native token of the Conflux Network, a public Layer‑1 blockchain focused on scalability, security, and decentralization. Its architecture is based on a novel Tree‑Graph consensus, combining elements of Proof‑of‑Work (PoW) and Proof‑of‑Stake (PoS) to enable parallel transaction processing and high throughput
The platform is EVM‑compatible, allowing easy migration and interoperability with Ethereum-based dApps, and supports cross‑chain asset transfers via its ShuttleFlow bridge.
CFX recently broke out of a descending channel, now testing resistance near $0.20–$0.24. A sustained breakout above $0.24 could pave the way toward $0.50 in a strong broader market rally
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Key support levels are observed near $0.15 and $0.11, while significant resistance lies around $0.24 and $0.51