Conflux (CFX) Skyrockets 7% in Breakout Rally—Major Upgrades Fuel Bullish Frenzy
Conflux (CFX) just ripped past resistance—up 7% in a single surge as traders pile into its ecosystem overhaul.
Why the sudden FOMO? The project’s latest tech upgrades are hitting like a double espresso for institutional interest. Developers are calling it a 'scalability breakthrough,' while crypto degens whisper 'next-gen Ethereum killer' between leveraged long positions.
Behind the hype: A cocktail of protocol optimizations and fresh partnerships (because what’s a crypto pump without vague 'synergies'?). The market’s voting with its wallet—CFX’s volume spike suggests this isn’t just another dead-cat bounce.
Cynic’s corner: Sure, a 7% move is cute—unless you’re still bag-holding from the 2021 mania. But for once, the charts might actually match the whitepaper promises. Now watch hedge funds 'discover' blockchain efficiency right as retail gets liquidated.
Strong On-Chain Metrics and Institutional Momentum Boost $CFX Adoption
From its academic origins in Shanghai, Conflux has grown into a global Layer-1 force, now supporting 25+ million users and 170+ million transactions.
New Partnership & AGNT Connect Listing – @Conflux_Network joins the AGNT Hub ecosystem!
Conflux Network is a permissionless Layer 1 blockchain that connects decentralized economies worldwide.
It enables creators, communities, and markets to connect across borders and protocols… pic.twitter.com/gwwMX7DC0E
The blockchain continues to gain momentum as it advances through its mainnet phases. $CFX currently has a modest but growing total value locked (TVL) of approximately $16.72 million, according to DeFiLlama.
New Partnership & AGNT Connect Listing – @Conflux_Network joins the AGNT Hub ecosystem!
Conflux Network is a permissionless Layer 1 blockchain that connects decentralized economies worldwide.
It enables creators, communities, and markets to connect across borders and protocols… pic.twitter.com/gwwMX7DC0E
Conflux has also been busy teaming up with both public and enterprise organizations. The network’s most recent partnerships include prominent names such as the Shanghai Municipal Government, China Telecom, and Little Red Book.
In the case of Little Red Book, known as China’s Instagram, the network integrated with Conflux for easy NFT minting on its permissionless blockchain.
New Partnership & AGNT Connect Listing – @Conflux_Network joins the AGNT Hub ecosystem!
Conflux Network is a permissionless Layer 1 blockchain that connects decentralized economies worldwide.
It enables creators, communities, and markets to connect across borders and protocols… pic.twitter.com/gwwMX7DC0E
Other recent milestones include a partnership with AnchorX and Eastcompeace to launch a CNH-pegged stablecoin supporting Belt and Road payments, to boost cross-border trade and financial inclusion.
Conflux also partnered with AGNT Hub to allow creators, communities, and markets to connect across borders and protocols.
New Partnership & AGNT Connect Listing – @Conflux_Network joins the AGNT Hub ecosystem!
Conflux Network is a permissionless Layer 1 blockchain that connects decentralized economies worldwide.
It enables creators, communities, and markets to connect across borders and protocols… pic.twitter.com/gwwMX7DC0E
The ecosystem continues to expand through DeFi, NFT platforms, and interoperability tools like ShuttleFlow, driving user engagement. Conflux Network combines technological innovation, regulatory compliance, and institutional partnerships, factors that may support its growth and adoption in 2025.
However, after rallying sharply from the $0.191 low, $CFX/USDT has shown weakening momentum NEAR the $0.2338 resistance level, where price action stalled during the session.
$CFX/$USDT: Short-Term Buyers Fatigued Below Resistance
The Conflux token initially responded well to the support test, bouncing with strength through the $0.21 handle and attempting to reclaim lost ground.
However, the reaction at the upper boundary of the MOVE lacked substantial follow-through strong enough to move the needle, and the subsequent rejection has shifted the short-term tone back to caution.
New Partnership & AGNT Connect Listing – @Conflux_Network joins the AGNT Hub ecosystem!
Conflux Network is a permissionless Layer 1 blockchain that connects decentralized economies worldwide.
It enables creators, communities, and markets to connect across borders and protocols… pic.twitter.com/gwwMX7DC0E
Looking at the 30-minute price structure, the rebound appears corrective in nature. The rejection from $0.28 two days earlier marked the peak of an aggressive vertical rally.
This was followed by a sustained sell-off and base formation near $0.191, but the recovery since then has failed to reclaim the mid-range.
The inability to break through $0.2338 and FORM a higher high weakens the bullish case. Current price action, hovering near $0.211, suggests a potential rollover if buyers don’t step in soon.
The RSI indicator doesn’t fare better, as it has cooled off too.
After topping above 70, it has shifted down toward 42, without any signs of bullish divergence. The MACD offers a similar message. Both the main line and signal line are tightly compressed around zero, with histogram bars diminishing. There is little evidence of building trend strength on either side.
New Partnership & AGNT Connect Listing – @Conflux_Network joins the AGNT Hub ecosystem!
Conflux Network is a permissionless Layer 1 blockchain that connects decentralized economies worldwide.
It enables creators, communities, and markets to connect across borders and protocols… pic.twitter.com/gwwMX7DC0E
$CFX volume footprint data also illustrates this exhaustion.
During the move up toward $0.2338, positive delta supported the price. But the tone changed just beneath $0.218, where several candles started printing negative delta despite solid total volume.
We can infer that passive sellers have stepped in to absorb market buys. The strong buying effort between $0.211–$0.213 was met with resistance, and since then, net delta has turned red again.
Unless price reclaims the $0.218–$0.220 area in strength, we expect further downside pressures to resume. However, a price slump below $0.209 WOULD expose $0.201 and potentially invite a retest of the $0.191 base. For now, the bounce appears to be losing steam as supply caps further progress.
