Conflux (CFX) surges by 119% following the announcement of the 3.0 upgrade scheduled for August 2025. Could the "Chinese Ethereum" potentially target $0.50 next month ? In-depth analysis and insights provided.
Conflux (CFX) has established itself as one of the crypto market’s standout performers, with a spectacular +119% surge in 7 days, climbing from $0.11 to a peak of $0.24. With a daily trading volume of $1.68 billion (+622%) and a market capitalization of $1.11 billion, CFX has climbed to rank #81 on CoinMarketCap.
The catalyst ? The announcement of the Conflux Network 3.0 upgrade, scheduled for July 30, 2025, which promises to revolutionize the Chinese blockchain.
The 3.0 upgrade, unveiled during the Conflux Conference in Shanghai (July 18-20), introduces the TreeGraph 3.0 architecture, combining Proof of Work (PoW) and Proof of Stake (PoS) to achieve 15,000 TPS.
This performance rivals Solana while maintaining robust decentralization, avoiding forks thanks to its unique architecture. This hybrid approach offers security, speed, and efficiency, positioning Conflux as a serious competitor to Ethereum for decentralized applications, particularly in Asia.
Moreover, Conflux is the only public blockchain approved by the Chinese government, a strategic advantage in a country accelerating its blockchain investments. Partnerships with AnchorX, Dongxin, and Ping An aim to promote an offshore RMB stablecoin for cross-border transactions within the “Belt and Road” initiative.
Rumors of acquisitions, particularly in the Hong Kong pharmaceutical sector, further strengthen institutional interest in CFX.
CFX’s rise also comes with $11 million in liquidated short positions, signaling a bear capitulation. This “God Candle” on the chart follows a decisive breakout above $0.10.
Consequently, the technical targets are clear :
Post-upgrade Outlook
The July 30 upgrade could propel CFX to new heights. Forecasts suggest :
Indeed, CFX has broken through a short-term POC at $0.17. Now, CFX appears well-positioned to reach its next significant zone at $0.5 in the coming weeks. This represents a potential increase of 140% from its current price.
Strategic approach :
To capitalize on this opportunity, Bitget is an ideal platform thanks to its high volume ($34M on CFX/USDT), competitive fees (0.1%), and enhanced security. Here’s a quick guide :
Charles Ledoux is a Bitcoin and blockchain technology specialist. A graduate of the Crypto Academy, he has been a Bitcoin miner for over a year. He has written numerous masterclasses to educate newcomers to the industry and has authored over 2,000 articles on cryptocurrency. Now, he aims to share his passion for crypto through his articles for InvestX.
DISCLAIMER
This article is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose.
InvestX is not responsible for the quality of the products or services presented on this page and cannot be held liable, directly or indirectly, for any damage or loss caused by the use of any product or service featured in this article. Investments in crypto assets are inherently risky; readers should conduct their own research before taking any action and invest only within their financial means. This article does not constitute investment advice.
Risk Warning : Trading financial instruments and/or cryptocurrencies carries a high level of risk, including the possibility of losing all or part of your investment. It may not be suitable for all investors. Cryptocurrency prices are highly volatile and can be influenced by external factors such as financial, regulatory, or political events. Margin trading increases financial risks.
CFDs (Contracts for Difference) are complex instruments with a high risk of rapid capital loss due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should assess whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Before engaging in financial or cryptocurrency trading, you must be fully informed about the associated risks and fees, carefully evaluate your investment objectives, level of experience, and risk tolerance, and seek professional advice if needed. InvestX.fr and the InvestX application may provide general market commentary, which does not constitute investment advice and should not be interpreted as such. Please consult an independent financial advisor for any investment-related questions. InvestX.fr disclaims any liability for errors, misinvestments, inaccuracies, or omissions and does not guarantee the accuracy or completeness of the information, texts, graphics, links, or other materials provided.
Some of the partners featured on this site may not be regulated in your country. It is your responsibility to verify the compliance of these services with local regulations before using them.
