Conflux (CFX), also known as Chinese Ethereum, has been experiencing a significant upsurge. The coin has gone up by 100%, with the market responding positively to its upgrade to
Conflux 3.0. The upgrade, along with the launch of the Yuan-backed
AxCNH stablecoin, has led to a volume surge of 320%. Analysts however caution that while momentum is building, the fundamentals of Conflux might still need to catch up. But the coin seems to be outpacing predictions, making bold strides within the altcoin market, with its value doubling to $0.2405.
In addition to its technological advancements,
CFX coin has entered strategic
partnerships and even seen speculation about potential acquisitions that could further secure its growth. The cryptocurrency has especially performed well in
China, further fueling debates about whether it could lead in the Chinese crypto market. Other reports hint at huge leaps in price targets for the coin, with sights set high up to 2030. Amid the excitement, there are warnings to exercise caution, given the unpredictable nature of cryptocurrency.
In further advancements, the
Conflux Network has partnered with
China Mobile's Migu to launch blockchain-based video ringtones, and with Bit.Store to start a new era of diverse crypto spending. To add to this, Conflux has revealed an EVM-compatible Bitcoin L2 solution that saw its price surge by 8%.
CFX Coin News Analytics from Sun, 09 Sep 2018 15:55:47 GMT to Wed, 06 Aug 2025 14:28:36 GMT -
Rating 8
- Innovation 6
- Information 8
- Rumor 7
