The future price of the Conflux public blockchain is indeed hard to predict. On July 20, its token CFX skyrocketed from $0.11 to a high of $0.25, with a single-day increase of over 100%, and a monthly increase of 202% in July. From the bottom in late December 2022, it has increased more than 10 times, with a current market value of approximately $870 million.
The Conflux 3.0 public blockchain is about to go live, increasing the transaction processing capacity from 6000 TPS to 15000 TPS, and reducing transaction confirmation time to under 26 seconds. It also plans to participate in the pilot issuance of offshore RMB stablecoins under the Belt and Road Initiative, collaborating with institutions to issue stablecoins CNHC pegged to offshore RMB, promoting RWA applications. However, the price of the token is influenced by various factors such as market supply and demand, and policies, so how much Conflux can increase remains to be seen.
