Conflux ($CFX ) is a Layer-1 blockchain known for its high throughput and regulatory ties to China, making it a unique player in the crypto space CFX recently rallied nearly 300 percent in July, reaching a high of 0.28 dollars before retracing to around 0.18 dollars The launch of Conflux 3.0 introduced AI agents and a yuan-based stablecoin, boosting investor interest Technical charts show a symmetrical triangle pattern suggesting a potential breakout above resistance at 0.23 dollars Analysts expect a move toward 0.30 dollars if momentum returns CFX remains volatile but is gaining traction as China’s preferred blockchain for compliant Web3 infrastructure