$CFX Conflux boosts its token with upgrade 3.0 and RMB stablecoin 🚀

Conflux Network has experienced a spectacular rally: CFX rose over 100% in 24 hours, reaching $0.24 and a market capitalization exceeding US$ 1.1 billion, following key news from the technology event held in Shanghai.

✅ The catalysts were:

The announcement of Conflux 3.0 Tree‑Graph, an upgrade that increases the network capacity to 15,000 TPS and allows native support for on-chain AI agents.

The launch of an offshore stablecoin linked to the yuan (AxCNH), aimed at international traders within the Belt and Road Initiative.

📈 In the last 7 days, CFX advanced nearly 119%, with RSI indicator in overbought territory (≈94), a short squeeze of over US$ 11 million, and an increase in open interest in futures (> $325 M), showing strong technical momentum.

🎯 Critical levels: firm support between $0.18 and $0.19. If maintained, the next technical target is located at $0.28–$0.30 before further bullish extensions.

🧠 In summary:

CFX combines technological innovation and geostrategic momentum with an institutional focus.

The network gains attention for its regulatory role and its integration with Chinese and global ecosystems.

For traders, an entry above $0.20 with a stop below support offers controlled risk and high potential.