$CFX
🚀 Conflux (CFX): What’s New & Binance Support Update
Conflux (CFX) is a high-throughput layer‑1 blockchain featuring a unique Tree‑Graph consensus mechanism that enables parallel transaction processing—boosting scalability and performance. It operates a hybrid Proof-of-Work + Proof-of-Stake model and is the only public, permissionless blockchain backed by Chinese government research funding
🔧 Network Upgrade: Conflux v2.5.0 Fork (Mar 17, 2025)
A pivotal network upgrade—Conflux v2.5.0—took place at block height 118,580,000 on March 17, 2025. This fork introduced performance enhancements, improved security, and optimized developer/user experience
🏦 Binance Support: Seamless Transition for CFX Holders
Binance officially supported this upgrade and temporarily paused CFX deposits and withdrawals starting on March 17 to ensure a smooth, secure transition. Trading continued uninterrupted, and deposit/withdrawal functions resumed once network stability was confirmed
. This demonstrates strong exchange support for Conflux’s evolution.
🌐 Ecosystem Growth & Real-World Use Cases
Conflux has forged substantial government-supported partnerships, including research funding from the Shanghai Municipal Government and the establishment of the Shanghai Conflux Blockchain Research Institute
Notable collaborations include China Telecom (blockchain SIM cards), offshore RMB stablecoin trials, and World Mobile partnerships. Infrastructure projects like FutureChain and integrations with LayerZero, Dypius, and others further boost its ecosystem scope
Proposals to deploy Uniswap V3 on Conflux aim to increase DeFi adoption and liquidity, backed by funding incentives and ecosystem rewards
📈 Why This May Matter for Binance Traders
Factor Implication for CFX Traders
Successful Network Fork Signals technical maturity and robustness
Binance Support Confirms trust and operational readiness
Government & Enterprise Ties Enhances credibility and long-term use cases
DeFi and dApp Expansion Potential for increased adoption and demand
