🔖 Coin Pair: $CFX
📌 Purpose: Share a fundamental and strategic analysis of CFX.
$CFX Is Gaining Momentum — Here’s What You Should Know 🌐
Conflux Network ($CFX) is China’s regulatory-compliant Layer 1 blockchain, and it's gaining attention due to strong government ties and real-world adoption. With recent partnerships for cross-border Web3 developments and NFT marketplaces, this is becoming more than just another altcoin. Its unique Tree-Graph architecture boosts throughput while maintaining decentralization. Price-wise, $CFX recently bounced from a key support level, forming a bullish divergence on RSI. If the trend holds and breaks resistance at $0.24, we could see a short-term move towards $0.30. Long-term potential lies in how effectively it integrates with China’s digital economy plans.