CFX/USDT surges 40% in last 24 hours on Conflux Network 3.0 launch

CFX/USDT surges 40% in last 24 hours on Conflux Network 3.0 launch

The cryptocurrency market has witnessed significant volatility in recent hours, with the CFX/USDT pair surging by 40% over the past 24 hours. This surge is primarily attributed to the upcoming launch of Conflux Network 3.0, scheduled for July 30, 2025.

The Conflux Network, known for its high throughput and low gas fees, has been a prominent player in the blockchain ecosystem. The network’s 3.0 upgrade promises enhanced performance, scalability, and security, which has generated considerable interest among investors and developers alike.

The launch of Conflux Network 3.0 is expected to bring several key improvements, including a new consensus mechanism, optimized smart contract execution, and improved transaction processing capabilities. These enhancements are anticipated to drive increased adoption and usage of the Conflux Network, potentially leading to further price appreciation for the CFX token.

The recent price surge in CFX/USDT can be seen as a reflection of investor optimism about the network’s upcoming upgrade. The market's positive sentiment is further bolstered by the network's robust ecosystem and the growing demand for high-performance blockchain solutions.

As the launch date approaches, it is crucial for investors to stay informed about the latest developments and potential risks associated with the upgrade. The upcoming community call scheduled for July 30, 2025, will provide further insights into the network’s plans and expected outcomes.

References:

[1] https://www.gate.com/upcoming-event/crypto-project