{"id":6154,"date":"2025-07-29T14:27:00","date_gmt":"2025-07-29T14:27:00","guid":{"rendered":"https:\/\/bitunikey.com\/news\/heres-why-the-conflux-price-is-going-up-today\/"},"modified":"2025-07-29T14:27:09","modified_gmt":"2025-07-29T14:27:09","slug":"heres-why-the-conflux-price-is-going-up-today","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/heres-why-the-conflux-price-is-going-up-today\/","title":{"rendered":"Here\u2019s why the Conflux price is going up today"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Conflux price went parabolic on Tuesday, surging by over 40% amid enthusiasm about the upcoming upgrade and its yuan-based stablecoin efforts.<\/p>\n<div id=\"cn-block-summary-block_93b78caefd6f40fdb4d2fe81212e604c\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Conflux price formed a God candle ahead of the quarterly community call.<\/li>\n<li>The developers will announce details of the upcoming hard fork.<\/li>\n<li>Conflux 3.0 will introduce faster speeds, AI agent features, and stablecoin support.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Conflux (CFX) token surged to a high of $0.2730, its highest point since April last year, and is now up 370% from its lowest point this year, giving it a market capitalization of over $1.3 billion.<\/p>\n<h2 class=\"wp-block-heading\">Conflux 3.0 hype continues ahead of community call<\/h2>\n<p>The CFX token surged in a high-volume environment, with daily volume rising by over 425% to $772 million. Its futures open interest also jumped to over $164 million, up from Monday\u2019s $98 million.<\/p>\n<p>The rally followed confirmation that the quarterly community call will take place on Wednesday. This call will highlight second-quarter activity and provide a sneak peek at the upcoming Conflux 3.0 upgrade.<\/p>\n<p>The upgrade and hard fork, scheduled for August, will improve performance by increasing transaction throughput from the current 3,000\u20136,000 transactions per second to 15,000.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Most notably, Conflux 3.0 will introduce support for artificial intelligence agents. This improvement will enable developers to create AI-enabled products and services.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udce3 Reminder, Conflux fam!<\/p>\n<p>Our Quarterly Community Call is happening tomorrow at 10 AM EST \/ 2 PM UTC <\/p>\n<p>Join <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/FanLong16?ref_src=twsrc%5Etfw\" target=\"_blank\">@FanLong16<\/a>, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/forgivenever?ref_src=twsrc%5Etfw\" target=\"_blank\">@forgivenever<\/a>, and our new CTO <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/GuangYang_9?ref_src=twsrc%5Etfw\" target=\"_blank\">@GuangYang_9<\/a> as they walk us through:<\/p>\n<p>\u2022 Q2 highlights<br \/>\u2022 What\u2019s coming in Q3<br \/>\u2022 A sneak peek at the upcoming hardfork <\/p>\n<p>\ud83d\udd17\u2026<\/p>\n<p>\u2014 Conflux Network Official (@Conflux_Network) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/Conflux_Network\/status\/1950149554944491852?ref_src=twsrc%5Etfw\" target=\"_blank\">July 29, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Another key feature is a pilot for an offshore yuan-backed stablecoin. Developed in collaboration with AnchorX, the CNH stablecoin aims to enhance cross-border payments and the settlement of real-world assets, also known as RWA.<\/p>\n<p>Conflux 3.0 will also implement both proof-of-work and proof-of-stake mechanisms to boost scalability and decentralization. As a result, CFX price is soaring as investors anticipate developers will announce the official release date during the community call.<\/p>\n<h2 class=\"wp-block-heading\">Conflux price technical analysis<\/h2>\n<figure class=\"wp-block-image size-full\"><picture loading=\"lazy\" decoding=\"async\" class=\"wp-image-14400977\"><source type=\"image\/webp\" ><\/source><\/p>\n<\/picture><figcaption class=\"wp-element-caption\"><strong>CFX price chart | Source: crypto.news<\/strong><\/figcaption><\/figure>\n<p>The daily chart shows that CFX has rebounded over the past few months, climbing from a low of $0.0636 in April to $0.2726 today. Conflux has formed a golden cross pattern as the 50-day and 200-day moving averages crossed.<\/p>\n<p>CFX has also formed a cup-and-handle pattern, featuring a horizontal support base and a rounded bottom. The pattern has a depth of approximately 76%, suggesting that a breakout could push price toward $0.790. This target sits just above the 78.6% Fibonacci retracement level.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Conflux price went parabolic on Tuesday, surging by over 40% amid enthusiasm about the upcoming upgrade and its yuan-based stablecoin efforts. Summary Conflux price formed a God candle ahead of&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6155,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6154","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=6154"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6154\/revisions"}],"predecessor-version":[{"id":6156,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6154\/revisions\/6156"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/6155"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=6154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=6154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=6154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}