CFX Token Dips 3.66% Amid Conflux v3.0.0 Upgrade News and Market Consolidation

Conflux (CFXUSDT) has experienced a 3.66% price decline over the past 24 hours, with the current price at 0.2133 USDT on Binance. The recent price movement is primarily attributed to market volatility following the announcement of the Conflux Network v3.0.0 upgrade, scheduled for September 1, 2025, which introduces enhanced EVM compatibility and performance optimizations. Anticipation of this upgrade previously drove a significant price rally, but the market has since entered a consolidation phase amid mixed sentiment and ongoing discussions about protocol changes and upcoming token unlocks. Trading volume has ranged widely, reflecting decreased activity, while the circulating supply stands at approximately 5.12 billion CFX and market capitalization exceeds $1.1 billion.