$CFX
**🚀 Conflux ($CFX) Surges 35% as China’s Blockchain Darling Gains Traction – Here’s Why**
Conflux Network, China’s only **regulator-approved** public blockchain, is making waves with **$CFX skyrocketing 35%** this week. Here’s what’s fueling the rally:
### **🔥 Key Catalysts:**
✔ **Hong Kong Expansion**: Conflux partners with **HSBC and Standard Chartered** for tokenized asset pilots.
✔ **CBDC Integration**: Testing **digital yuan (e-CNY) settlements** on-chain.
✔ **NFT Boom**: Conflux-powered **Chinese cultural NFTs** go viral (10M+ transactions).
✔ **Tech Upgrade**: "Conflux 2.0" boosts TPS to **3,000+** (vs. Ethereum’s ~30).
### **📈 Price Action:**
- **Current Price**: $0.45 (up from $0.33 last week)
- **Next Resistance**: $0.55 (2023 high)
- **Support Level**: $0.38
### **💡 Why It Matters:**
While most chains face Chinese regulatory hurdles, Conflux thrives as the **bridge between Beijing and Web3**, blending compliance with decentralization.
💬 **Can CFX become China’s Solana?** 👇 #Conflux #ChinaCrypto