$CFX 📈 The Price of Conflux (CFX) on August 4, 2025: An Analysis 🚀💰
On August 4, 2025, Conflux (CFX) positions itself as a prominent cryptocurrency in the market. Its price hovers around $0.21 USD, with a market capitalization close to $1.08 billion, according to recent data. This value reflects an increase of 3.16% in the last 24 hours, driven by key announcements such as the v3.0 update and strategic partnerships. 📈
Conflux, known as the "Chinese Ethereum," excels with its layer 1 blockchain, which combines proof of work and staking to deliver fast and secure transactions. The recent collaboration with AnchorX and the launch of a stablecoin linked to the yuan have spiked investor interest, generating a trading volume of $1.26 billion in one day. 💹
Despite market volatility, bullish sentiment prevails, with projections estimating a price of up to $0.47 by the end of 2025. Conflux continues to gain ground in DeFi and NFT, solidifying its promising future. 🌟