$CFX $CFX

🚀 #CFX – A technological revival and institutional transformations bring life back to Conflux

📌 What's new?

The price of CFX has recovered by 7% after a strong drop of 27%, amidst official collaborations with the Shanghai government, China Telecom, and Little Red Book, which enhances the project's regulatory confidence as the first Layer-1 blockchain approved in China.

The Conflux network announced the launch of the major update v3.0.0 by September 1, 2025, which includes 8 technical improvements (CIPs) such as better compatibility with Ethereum and other enhancements to the infrastructure.

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🛠️ Technical objectives and upcoming transformations:

The Tree-Graph v3.0 update will raise the transaction rate to 15,000 TPS and support the introduction of AI services and advanced interfaces for economic and institutional applications.

The partnership with AGNT Hub aims to expand the application globally and launch a stablecoin pegged to the yuan (CNH) to facilitate trade between countries in the Belt and Road Initiative through AnchorX and Eastcompeace.