Why CFX Price Rises: Conflux 3.0 & RMB Stablecoin Plans

The price of Conflux (CFX) has skyrocketed over 100% in recent days, grabbing attention across the crypto market. With its market cap surpassing $1 billion and daily trading volume nearing $1.7 billion, investors are asking one question: what’s driving this rapid surge?

Behind the scenes, Conflux is undergoing a significant transformation. From the upcoming Conflux 3.0 upgrade to the launch of a China-linked stablecoin pilot, multiple strategic developments are converging to fuel both utility and speculation around the CFX token.

Conflux 3.0 Upgrade: Boosting TPS and AI Integration

The major catalyst behind the price rally is the announcement of the Conflux 3.0 upgrade, expected to go live in August. This upgrade introduces a high-performance Tree-Graph architecture, allowing parallel block processing and massively improved scalability.

Key highlights of the upgrade include:

• Transaction throughput reaching 15,000 TPS
• Support for AI agent interaction with smart contracts
• Enhanced on-chain performance for developers and enterprises

The new architecture marks a step-change from the network’s current 3,000 TPS, placing Conflux in competition with top-tier Layer-1 chains in speed and efficiency.

Read Also: What is Conflux ($CFX) and How Does It Work? Full Breakdown and Price Analysis

Stablecoin Initiative: RMB-Backed Pilot for Global Trade

A second major development is the launch of a pilot stablecoin, backed by China’s offshore Renminbi (RMB). Designed for cross-border settlement, especially among Belt and Road countries, the move directly aligns Conflux with strategic global finance objectives.

In partnership with AnchorX and Eastcompeace, the stablecoin aims to:

• Enable compliant cross-border payments using offshore RMB
• Tap into the growing demand for digital yuan alternatives
• Enhance Conflux’s position in China-adjacent crypto infrastructure

This initiative could drive future transactional demand and government-aligned use cases.

Market Momentum: Short Squeeze and $1B+ Market Cap

The announcements sparked a wave of trading activity that sent CFX prices soaring. In just a few days:

• Price surged from under $0.10 to over $0.22
• Short positions worth $11 million were liquidated
• Daily trading volume jumped 400% to $1.7 billion
• Market capitalization topped $1 billion

This rally was supported not only by sentiment but by real buy-side pressure, forcing short sellers to cover their positions and amplifying the bullish cycle.

Read Also: Conflux (CFX) Price Prediction 2025-2030

Developer Growth and Institutional Attention

Investor confidence is also rising due to visible ecosystem expansion:

• Developer activity on the Conflux network rose by 22% this month
• Speculation surrounds corporate involvement and early adoption of the RMB stablecoin
• Analysts note increasing institutional interest in the network’s strategic roadmap

This traction builds the foundation for long-term sustainability beyond speculative hype.

Unique Conflux Technology: GHAST, PoW-PoS, and Tree-Graph

Technically, Conflux stands apart from other blockchains through its combination of:

• Hybrid Proof-of-Work and Proof-of-Stake (PoW-PoS) consensus
• Three-graph ledger structure, powered by the GHAST algorithm
• Low confirmation latency and now, even higher throughput

The upcoming 3.0 upgrade significantly enhances this infrastructure, multiplying performance by fivefold while integrating AI interaction—making it future-proof for real-world dApps and enterprise use.

Conclusion

Conflux’s sharp price rise isn’t just another speculative cycle—it reflects a deeper shift in its utility, scalability, and relevance. With the launch of Conflux 3.0 and a stablecoin tied to China’s economic ambitions, the blockchain is positioning itself as a serious Layer-1 player in Asia and beyond.

That said, traders should remain aware of volatility as sentiment-driven rallies can reverse quickly. But if Conflux continues to execute on its roadmap, CFX may have more room to grow in both price and prominence.

Read Also: Understanding Blockchain Interoperability: Connecting Networks and Enhancing Infrastructure

FAQs

What is driving the price of Conflux (CFX) up?

The main drivers are the Conflux 3.0 upgrade and the announcement of an RMB-backed stablecoin pilot, along with rising trading volume and developer activity.

What is the Conflux 3.0 upgrade?

Scheduled for August, Conflux 3.0 boosts the network’s capacity to 15,000 TPS, introduces AI agent support, and upgrades its Tree-Graph consensus mechanism.

What is Conflux’s RMB stablecoin initiative?

It’s a pilot project for a stablecoin backed by offshore Renminbi, aimed at enabling cross-border payments tied to China’s Belt and Road Initiative.

Is Conflux (CFX) a good investment?

While fundamentals are improving, CFX remains a volatile asset. It shows strong growth potential but carries typical crypto investment risks.

How does Conflux compare to other Layer-1 blockchains?

Conflux offers unique features like a hybrid PoW/PoS consensus and high throughput via Tree-Graph architecture, positioning it competitively against other scalable Layer-1 solutions.