$CFX is the native token of Conflux Network, a layer 1 blockchain that combines mining (PoW) and staking (PoS) with its innovative Tree-Graph algorithm, allowing it to process thousands of transactions per second with very low fees. Additionally, Conflux has attracted institutional support: it received funding from the Shanghai government and collaborates with China Telecom, providing it with strong partnerships. In terms of technical analysis, its RSI close to 60 indicates bullish momentum with room to rise further; a breakout of the $0.18 level could take it to $0.28, with key supports around $0.16 and $0.12. With a DeFi ecosystem, NFTs, and easy interoperability, it stands out for its scalability and low operating costs.