🔥$CFX Conflux Network Update‼️
💥Market Performance
🔹️12% Surge: CFX has seen a significant surge in its native coin value, making it the top-performing token in the crypto market.
🔹️Current Price: $0.22
🔹️Market Cap: $1.06 billion
🔹️Recent Price Movement: CFX trades above the Ichimoku Cloud, indicating a strong bullish trend and upward momentum.
💥Conflux 3.0 Upgrade
🔸️Tree-Graph Upgrade: Scheduled for launch in August, this upgrade promises to significantly boost the blockchain's throughput to over 15,000 transactions per second.
💥Key Features:
🔹️Parallel Processing Blocks:
Enhances the blockchain's scalability and performance.
🔸️AI Integration:
Enables on-chain invocation of AI agents, expanding the network's utility.
🔹️Cross-Border Trade & RWA Tokenization: Lays the groundwork for new use cases and applications.
💥Technical Analysis
🔹️Bullish Sentiment:
The indicator shows shortening red bars, suggesting waning bearish pressure and potential for sustained price growth.
🔸️Resistance Level:
CFX needs to breach the $0.2484 resistance level to potentially reach $0.30.
💥Outlook
The Conflux Network's upcoming upgrade and growing investor interest are driving the token's value up, with potential for further gains in the near future. As the blockchain industry continues to evolve, Conflux's innovative approach and technological advancements position it for potential long-term success.