Meteoric Rise for CFX
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.
Conflux 3.0 : A Technical Revolution
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 Technical Analysis and Breakdown
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 :
- Immediate resistance : $0.25
- Short term : $0.33
- Optimistic : $0.50 if the momentum persists
With an RSI at 81 indicating strong buying pressure, CFX remains on a bullish trajectory, although volatility calls for caution.
Post-upgrade Outlook
The July 30 upgrade could propel CFX to new heights. Forecasts suggest :
- End of July 2025 : $0.25-0.35
- End of August : $0.40-0.60
- Bull run : potential return to the ATH of $1.70
However, after such a surge, a correction remains possible. A gradual investment approach is recommended.
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 :
- Take profits at $0.33 and $0.5
- If a clear breakout above $0.56 occurs, next target at $1.3
- Invest using DCA below $0.25, exit using DCA approaching $0.5
How to Buy CFX Before the Upgrade ?
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 :
- Step 1 : Create your Bitget account and complete KYC verification
- Step 2 : Deposit euros via SEPA transfer or buy directly with your bank card
- Step 3 : Convert your euros to USDT on the spot market
- Step 4 : Search for the CFX/USDT pair and place your buy order
- Step 5 : Transfer your CFX to your personal wallet for enhanced security
