CFX Token Sees 3.72% Price Dip Amid High Volume as Conflux 3.0 Upgrade Drives Market Activity

CFXUSDT experienced a 3.72% price decrease over the past 24 hours, with the current price at 0.2124 USDT and a 24-hour open of 0.2206 USDT. The recent price movement is primarily attributed to profit-taking and market consolidation following a period of strong bullish momentum driven by anticipation of the Conflux Network 3.0 upgrade and upcoming protocol changes, including a reduction in PoW block rewards scheduled for August 10, 2025. Despite the short-term pullback, trading volume remains high, reflecting active market participation and ongoing interest in the asset, with Conflux’s market capitalization exceeding $1.1 billion and a circulating supply of approximately 5.1 billion CFX.