Conflux (CFX), a Chinese-endorsed public blockchain, has been making significant waves in the cryptocurrency sphere in recent years. Its potential to revolutionize digital spending through a partnership with Bit.Store is noteworthy. Further, the coin is forecasted to have
slow growth leading up to 2025, with some analysts predicting that it will hit
$1. CFX is also anticipated to activate a new toll gantry in addition to unveiling an EVM-compatible Bitcoin L2 solution, triggering an 8% price surge. Several other events, such as the launch of a bug bounty program rewarding up to 500 CFX, the possible overtaking of Solana (SOL), and a partnership with World Mobile, have stirred interest.
CFX Labs' $9.5M fundraising effort for expanding global stablecoin remittances also adds to its financial clout. Despite some resistance needed for bullish confirmation, the CFX price continues to surge, evidenced by a recent 110% increase. Yet, it remains to be seen whether this growth can transcend further consolidation. A network upgrade and hard fork are also in the pipeline, which Binance will support, underscoring confidence in CFX's potential. CFX's China-related narratives continue to dominate, with various Chinese cryptos, including CFX, speculated to boost portfolios in bear markets. However, mandatory registration with a new bourse for Indonesian crypto exchanges could impact its growth. The altcoin recently skyrocketed by 19% following a promising collaboration with a venture studio, underlining the significant potential of CFX to become a major market player.
CFX Coin News Analytics from Sun, 09 Sep 2018 15:55:47 GMT to Sun, 27 Apr 2025 08:35:00 GMT -
Rating 6
- Innovation 8
- Information 5
- Rumor 2
