$CFX
Important News
1. Ongoing Government Support from China
Conflux continues to maintain strong partnerships in China, and a new collaboration with tech companies has recently been announced to integrate decentralized applications into government data services.
2. Major Protocol Update Released
In July 2025, the network launched an update called "Hydra" which increases processing efficiency to over 10,000 transactions per second, while reducing gas fees.
3. Expansion in the NFT and Web3 Space
CFX has recently been listed as a technical partner in several Chinese NFT projects, particularly in the gaming and digital ticketing sectors.
