Conflux (CFX) Sees Significant Gains Amid Conflux 3.0 Launch and RMB Stablecoin Initiative

Key Points

1. Conflux (CFX) price surged 105.4% in 24 hours to $0.23, its highest since December 2024, with a market cap exceeding $1.1 billion.

2. The surge is driven by the imminent launch of Conflux 3.0, featuring enhanced TPS and native on-chain AI integration.

3. Conflux is collaborating on an offshore RMB stablecoin initiative targeting cross-border payments under China's Belt and Road Initiative.

4. Daily trading volume increased by 2,955%, exceeding $1.8 billion, indicating heightened market activity and liquidity.

5. Institutional interest is growing, with Innovative Pharmaceutical Biotech considering acquiring assets tied to Conflux.