🚀 $CFX (Conflux Network): The Bridge Between China and the Blockchain World
🔍 What is Conflux?
- Third-generation blockchain with high scalability (3000-6000 TPS)
- The only regulated network in China with government approval
- Tree-Graph technology that combines PoW and PoS for security and efficiency
📈 Current Situation (Real Data):
- Price: $0.215 (+8% in 7 days)
- Market Cap: $820 million
- Key Alliances:
- Official partners in Shanghai (smart city projects)
- Integration with Xiaohongshu (Chinese Social Network with 200M+ users)
💡 Real Use Cases:
1️⃣ Chinese CBDCs: Infrastructure for digital yuan
2️⃣ Institutional NFTs: Collaboration with national museums
3️⃣ Regulated DeFi: First protocols with KYC compliance
⚠️ Risks to Consider:
- Dependence on the Chinese ecosystem
- Competition with other L1s (Polygon, BSC)
- Changing regulations in Asia
🔮 Technical Perspective:
CFX broke resistance at $0.20. If it maintains this level, the next target is $0.25. Key support at $0.18.
💬 Why is it relevant?
In a world of sanctions and financial fragmentation, CFX offers:
- Access to the Chinese market (2B+ potential users)
- Blockchain with compliance for institutions
👇 What do you think about CFX?
✅ Unique opportunity?
❌ Too centralized?
📌 Did you know?
Conflux has 0% transfer taxes - ideal for microtransactions.