Binance $ CFX Overview (120 Words)
Conflux ($CFX) is the native token of the Conflux Network, a high-performance, layer-1 blockchain designed to power decentralized applications, e-commerce, and Web3 infrastructure. Known for its unique Tree-Graph consensus algorithm, Conflux enables high throughput and scalability without compromising decentralization or security. $CFX is used for network transactions, staking, governance, and incentivizing participation. The project has gained traction in Asia, especially China, due to regulatory compliance and academic roots. Listed on Binance, $CFX benefits from increased liquidity and exposure to a global audience. With growing adoption in NFT, DeFi, and enterprise sectors, Conflux continues to evolve as a bridge between Western and Eastern blockchain ecosystems. Traders see $CFX as both a utility asset and speculative investment.