Conflux (CFX) has seen considerable traction recently, with an impressive 100% surge following its mainnet upgrade. The project has been compared to the 'Chinese Ethereum' owing to its innovative plans, fueling the exponential growth. Despite this buzz and the stablecoin AxCNH Yuan, analysts argue that fundamentals still lag.
CFX's price hitting a multi-month high due to ecosystem growth showcases the steady climb in its demand. The anticipation of Conflux 3.0 upgrade and offshore Yuan stablecoin integration spurred a further 57% surge, painting a bullish outlook for this digital asset.
Partnerships are integral too. Bit.Store partnered with the Conflux network, aiming for a diverse spending arena for
CFX with CryptoCard.
Moreover, Conflux Network expanded its partnerships, joining forces with China Mobile’s Migu for launching blockchain-based video ringtones and with
CFX Labs to boost Solana-Based Stablecoin remittances globally.
The launch of Indonesia's first crypto IPO could be a major catalyst for
CFX given their development of a Rupiah-based Stablecoin. Regulatory bodies like Indonesia's Crypto Exchange demanding registration can affect the coin's trajectory.
However,
CFX has shown resilience, with analysts suggesting an explosive run that has just begun, anticipating the price to hit $1 and $2 by 2025 and 2030 respectively. There are also hints of bullish patterns emerging among LTC, POL, and
CFX as the entire crypto market is consolidating.
CFX Coin News Analytics from Sun, 09 Sep 2018 15:55:47 GMT to Sat, 04 Oct 2025 21:06:07 GMT -
Innovation 8
- Information 9
- Rumor 2
