{"id":5267,"date":"2025-07-21T09:57:13","date_gmt":"2025-07-21T09:57:13","guid":{"rendered":"https:\/\/bitunikey.com\/news\/cfx-jumps-70-following-conflux-3-0-upgrade-announcement\/"},"modified":"2025-07-21T09:57:15","modified_gmt":"2025-07-21T09:57:15","slug":"cfx-jumps-70-following-conflux-3-0-upgrade-announcement","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/cfx-jumps-70-following-conflux-3-0-upgrade-announcement\/","title":{"rendered":"CFX jumps 70% following Conflux 3.0 upgrade announcement"},"content":{"rendered":"
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Conflux jumped about 70% from around $0.1450 to a local high of $0.2416 on July 21, as momentum accelerated following the announcement of its Conflux 3.0 upgrade.\u00a0<\/p>\n

The rally, which gained steam after the network\u2019s Shanghai ecosystem conference<\/a> concluded on July 20, has pushed Conflux (CFX) to a one-month gain of over 200% and a seven-day rise of approximately 104%.<\/p>\n

Along with the recent breakout, the token\u2019s market capitalization now stands at $1.12 billion, having reclaimed the $1 billion mark. Even after this rebound, CFX is still almost 87% below its peak of $1.70, which was reached in March 2021.\u00a0<\/p>\n

Trading activity has surged alongside the price. Spot trading volume is up 792%, surpassing $1.7 billion. According to Coinglass data<\/a>, 24-hour derivatives volume has soared as well. It rose 981% to $6.44 billion, while open interest rose 241% to $350.66 million. These increases point to a sharp uptick in speculative positioning, potentially increasing short-term volatility.<\/p>\n

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The planned Conflux 3.0 upgrade, scheduled for July 31, will introduce the Tree-Graph consensus mechanism, enabling parallel processing of transactions and blocks. This modification is expected to greatly improve network scalability, increasing throughput to over 15,000 transactions per second.<\/p>\n

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Conflux Technology & Ecosystem Conference 2025 | Day 3 Recap <\/p>\n

Conflux community, our conference has come to an end! The closing ceremony highlighted RWAs, BSIM, and our founder, Fan Long, discussing AI in Blockchain.<\/p>\n

\ud83c\udf10 Key Speakers and Insights:<\/p>\n

* Dr. Guanhao He (ArtMAX\u2026 pic.twitter.com\/8rtWUIsSjv<\/a><\/p>\n

\u2014 Conflux Network Official (@Conflux_Network) July 21, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

The update will also allow developers to invoke AI agents on-chain, making Conflux one of the first major networks to incorporate AI directly into its smart contract layer. This aligns the protocol with one of the fastest growing technology trends.<\/p>\n

In addition, Conflux is building the necessary infrastructure to support tokenized real-world assets and blockchain-based cross-border trade, including a proposed offshore Chinese yuan stablecoin. If successful, it could help China reach its long-term goal of internationalizing its currency through digital rails.<\/p>\n

Looking at the technical picture, CFX has broken significantly above the upper Bollinger Band, reflecting the magnitude of the recent upward momentum. A short retracement might be on the horizon given that the relative strength index is at 89.70, well into overbought territory..<\/p>\n

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Conflux price analysis. Credit: crypto.news<\/figcaption><\/figure>\n

However, the larger trend is still in place as all of the major moving averages, alongside the 10-200 day EMAs and SMAs, are flashing bullish signals. Volume and momentum indicators are still high, and the MACD is also in buy territory.<\/p>\n

The token may attempt another leg higher if CFX maintains above-key support and sentiment regarding the update and AI integration remains positive. A move toward the $0.30\u2013$0.35 range would be possible with a confirmed breakout above $0.25, but this would likely require fresh catalysts or broader market tailwinds.<\/p>\n

If CFX is unable to hold above recent highs, a pullback toward the $0.18\u2013$0.20 range is possible, particularly if profit-taking accelerates. A breakdown below that region might expose the $0.15 level.\u00a0<\/p>\n

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