What could affect the price of CFX?
Conflux’s price is caught between positive regulatory developments and technical challenges.
- Offshore Stablecoin Adoption – The launch of CNH₮0 targets trade along the Belt and Road Initiative, with mixed effects.
- Network Upgrades – Conflux 3.0 aims for faster transactions and AI features but faces risks in execution (positive if successful).
- China’s Regulatory Crackdown – Mainland restrictions on stablecoins create uncertainty and pressure on growth.
Deep Dive
1. Offshore Stablecoin Integration (Mixed Impact)
Overview
In July 2025, Conflux introduced CNH₮0, a stablecoin pegged to the offshore Chinese yuan, developed with AnchorX and Eastcompeace Technology. This stablecoin is designed to facilitate cross-border payments in countries involved in China’s Belt and Road Initiative, such as Singapore and Malaysia. However, in August 2025, China banned private stablecoin issuance within its borders, forcing companies like Ant Group to halt their projects.
What this means
Although CNH₮0 operates outside mainland China’s restrictions, its success depends on adoption in politically sensitive regions. Conflux could benefit from transaction fees and ecosystem growth, but regulatory challenges in partner countries or competition from government-backed digital currencies like China’s e-CNY may limit its potential (Finance Magnates).
2. Conflux 3.0 Technical Upgrade (Bullish Impact)
Overview
The Tree-Graph 3.0 upgrade, launched in August 2025, targets a transaction speed of 15,000 transactions per second (TPS) and includes integration of AI agents. Early testing showed better compatibility with Ethereum-based applications, but all node operators must update their software by September 1 to avoid network disruptions.
What this means
Improved speed and AI features could attract decentralized finance (DeFi) and real-world asset (RWA) projects to the Conflux network. However, any delays or technical issues after the upgrade could lead to price drops. The 45% price jump on July 21, 2025, indicates that investors are optimistic but cautious (CoinMarketCap).
3. China’s Regulatory Pressure (Bearish Impact)
Overview
In August 2025, Beijing banned stablecoin research, and leaked documents in September revealed new restrictions on cryptocurrency activities in Hong Kong. These moves have slowed innovation linked to mainland China. While Conflux operates through offshore partnerships to avoid direct restrictions, it remains vulnerable to policy changes.
What this means
Conflux is unique as China’s only compliant public blockchain, which gives it some appeal. However, further government crackdowns could reduce interest from institutional investors. The token’s 51% drop over 90 days reflects these ongoing risks (CoinTelegraph).
Conclusion
Conflux’s price will depend on how well it balances growth in offshore stablecoin use against regulatory uncertainties in China. The 3.0 upgrade offers promising technical improvements, but broader market concerns and a recent 17% weekly price decline suggest investors should be cautious. Keep an eye on CNH₮0 adoption and the upgrade’s rollout to see if Conflux can overcome these challenges.
What are people saying about CFX?
Conflux is advancing China’s blockchain goals with new stablecoins and platform upgrades, but some signs suggest caution due to potential overbuying. Here’s what’s happening:
- China-backed stablecoin AxCNH boosts cross-border payment excitement
- Conflux 3.0 upgrade aims for 15,000 transactions per second and AI features
- Short squeezes and forced sell-offs increase price swings
Deep Dive
1. @Conflux_Network: Launch of Offshore Yuan Stablecoin Positive
"AxCNH is designed for Belt & Road cross-border payments, with pilot programs starting in Singapore and Malaysia on August 1."
– @Conflux_Network (125.5K followers · 1.4M impressions · July 29, 2025, 2:22 PM UTC)
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What this means: This is good news for CFX because AxCNH could increase real-world use and attract institutional investors in Asia’s massive $26 trillion Belt & Road trade network.
2. @johnmorganFL: Short Squeeze Following Upgrade Mixed Outlook
"A 40% price jump in one day forced $11 million in short sellers to cover their positions – but the RSI at 94 warns of possible price exhaustion after the 3.0 upgrade."
– @johnmorganFL (35.1K followers · 552K impressions · July 20, 2025, 12:26 PM UTC)
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What this means: The Conflux 3.0 upgrade, which targets 15,000 transactions per second and includes AI-powered features, supports positive momentum. However, technical indicators suggest the price might pull back before continuing upward.
3. @genius_sirenBSC: Regulatory Advantage in China Positive
"Conflux is China’s only compliant public blockchain and was recently featured on national TV – tokenizing real-world assets is the next big step."
– @genius_sirenBSC (81.2K followers · 3.3M impressions · August 3, 2025, 4:27 AM UTC)
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What this means: This is a strong long-term signal. Conflux is becoming a key part of China’s Web3 plans, with projects like green energy trading and government-approved stablecoins helping reduce regulatory risks.
Conclusion
The overall outlook for CFX is positive but with caution due to volatility. Its compliance with Chinese regulations and the real-world use case of AxCNH give it a unique position. However, a 51% price drop over the past 90 days and signs of overbought conditions mean investors should be careful. Keep an eye on how quickly AxCNH is adopted after August 1 and whether CFX can maintain support at $0.17—falling below that could challenge the optimistic view.
What is the latest news about CFX?
Conflux is adapting to China’s strict rules on stablecoins while pushing forward with offshore yuan payment solutions and important blockchain upgrades.
- Alibaba Develops Deposit Token (November 14, 2025) – Teaming up with JPMorgan to create regulated alternatives to private stablecoins.
- Launch of USDT₀ and CNHT₀ (November 12, 2025) – Tether’s yuan and dollar stablecoins go live on Conflux to support cross-border trade.
- Network Upgrade v3.0.1 (August 12, 2025) – Improved speed and compatibility with Ethereum tools to attract business users.
Deep Dive
1. Alibaba Develops Deposit Token (November 14, 2025)
Overview:
Alibaba is working on a bank-backed deposit token designed for international payments, partnering with JPMorgan’s blockchain platform. This move comes after China cracked down on private stablecoins, including projects from Ant Group that were stopped. Conflux’s offshore yuan stablecoin, launched in July 2025, is mentioned as a successful example of a compliant solution for international trade under China’s Belt and Road Initiative.
What this means:
This development is neutral for Conflux (CFX). Alibaba’s project shows that blockchain payments are gaining acceptance but also highlights the risks private stablecoins face under regulation. While Alibaba’s token could compete with Conflux’s CNH-backed stablecoin used in Belt and Road trade, Conflux still holds an early lead in regulated offshore markets. (Finance Magnates)
2. Launch of USDT₀ and CNHT₀ (November 12, 2025)
Overview:
Conflux introduced Tether’s new omnichain stablecoins—USDT₀ (USD) and CNHT₀ (offshore yuan)—using LayerZero’s OFT technology. This integration aims to support over $100 million in daily transactions across decentralized finance (DeFi) and international trade, with $5-10 million in incentives for developers building on the network.
What this means:
This is positive news for CFX. It strengthens Conflux’s position as a bridge for US dollar and offshore yuan liquidity, especially in Asian markets and Belt and Road trade corridors. Partnering with Tether, the leading stablecoin issuer, could increase network activity and attract institutional users. (CoinMarketCap)
3. Network Upgrade v3.0.1 (August 12, 2025)
Overview:
The latest upgrade introduced parallel transaction processing, boosting capacity to 15,000 transactions per second (TPS), added support for AI-powered tools, and improved compatibility with Ethereum’s Virtual Machine (EVM). It also fixed important bugs that were slowing down decentralized apps (dApps).
What this means:
This upgrade is a strong positive for the long-term outlook of Conflux. The higher transaction speed and AI features make it more attractive for large-scale business applications. However, the immediate impact on CFX’s price was limited due to overall market conditions.
Conclusion
Conflux is carefully navigating China’s regulatory environment by promoting yuan-based stablecoins for international use while upgrading its blockchain to meet enterprise needs. With major players like Alibaba and Tether validating its approach, Conflux (CFX) has the potential to move beyond being just a speculative token to becoming a key part of Asia’s blockchain infrastructure.
What is expected in the development of CFX?
Conflux is making significant progress with these key developments:
- CNHT₀ Stablecoin Launch (November 13, 2025) – Introducing an offshore yuan-backed stablecoin to support international trade.
- DeFi Liquidity Rewards (November 2025) – Offering $5–10 million in CFX tokens to encourage stablecoin use.
- Cross-Border Payment Trials (Q1 2026) – Testing payment solutions along the Belt and Road Initiative (BRI) trade routes.
In-Depth Look
1. CNHT₀ Stablecoin Launch (November 13, 2025)
What is it? Conflux, working with Tether, launched CNHT₀, a digital stablecoin pegged to the offshore Chinese yuan. Built on LayerZero technology, it’s designed to make cross-border trade easier, especially in BRI markets like Southeast Asia and Africa. The goal is to handle $2–4 billion in monthly transactions.
Why it matters: This move could boost demand for CFX by positioning Conflux as a key player in regulated digital yuan transactions, attracting large financial institutions. However, there’s a risk of regulatory challenges in countries outside the BRI region.
2. DeFi Liquidity Rewards (November 2025)
What is it? Conflux is launching a $5–10 million incentive program in CFX tokens to encourage daily stablecoin transactions exceeding ¥100 million on its eSpace platform. This program targets decentralized exchanges (DEXs), lending services, and yield farming platforms.
Why it matters: If developers and users adopt these incentives, it could positively impact CFX’s value. Key indicators to watch include the total value locked (TVL) on eSpace and the number of transactions.
3. Cross-Border Payment Trials (Q1 2026)
What is it? Conflux plans to connect CNHT₀ with prepaid cards and QR code payment systems, focusing on trade corridors within the BRI. They are partnering with Asian fintech companies to pilot these solutions (Conflux Progress Report).
Why it matters: Successful adoption could drive long-term growth for CFX. However, geopolitical factors, such as China’s evolving cryptocurrency regulations, may impact the timeline.
Conclusion
Conflux is focusing on building a strong stablecoin ecosystem and payment infrastructure aligned with the Belt and Road Initiative. By emphasizing regulatory compliance and scalability—highlighted by the recent Conflux 3.0 upgrade supporting 15,000 transactions per second—the project aims to move beyond just technology and foster real-world use. The big question is whether CNHT₀’s integration with traditional finance will help CFX become more than just a speculative asset.
What updates are there in the CFX code base?
Conflux recently upgraded its technology to improve developer tools and network performance.
- Conflux 3.0.1 Hardfork (August 12, 2025) – Enhanced network stability and made remote procedure calls (RPC) more efficient.
- Java SDK Update (July 15, 2025) – Made it easier for developers to interact with smart contracts and improved compatibility across different blockchains.
- CIP-156 Activation (September 1, 2025) – Introduced a way for businesses to pay transaction fees on behalf of users, making the platform more business-friendly.
Deep Dive
1. Conflux 3.0.1 Hardfork (August 12, 2025)
Overview: This update focused on making the network more stable and speeding up communication between nodes, which helps reduce delays.
It fixed bugs that caused slow transaction confirmations and improved error handling for RPC calls. Importantly, it activated CIP-156, allowing third parties to cover gas fees for users. This lowers the barrier for businesses to adopt Conflux.
What this means: This is positive for CFX because it makes the network more reliable for high-traffic uses like stablecoin transactions and attracts developers who need consistent transaction processing. (Source)
2. Java SDK Update (July 15, 2025)
Overview: The Java Software Development Kit (SDK) was revamped to simplify how developers build on Conflux’s EVM-compatible environments, supporting smoother cross-chain operations.
Developers can now easily deploy smart contracts integrated with AI features and access live blockchain data through WebSocket connections. The update also added CIP-37 address standardization, which helps reduce errors when sending transactions across different networks.
What this means: This update mainly benefits developers and is neutral for CFX’s price in the short term. However, better tools could encourage more projects to build on Conflux over time. (Source)
3. CIP-156 Activation (September 1, 2025)
Overview: CIP-156 introduced fee delegation, allowing projects to pay transaction fees for their users. This is especially useful for enterprise applications like the AxCNH stablecoin.
The upgrade also changed gas fee rules by burning half of the storage collateral fees (per CIP-107) to help control inflation. Node operators were required to update their software by September 1.
What this means: This is a positive development for CFX, aligning with Conflux’s goal to support regulated, institutional-grade blockchain solutions. It could increase adoption in regulated markets. (Source)
Conclusion
Conflux’s recent updates focus on making the network scalable, easier for developers to use, and ready for enterprise needs. The 3.0.1 hardfork and fee delegation features strengthen CFX’s position for real-world applications like asset tokenization and cross-border payments. It will be interesting to see how these improvements affect Conflux’s role in China’s growing blockchain ecosystem, especially with rising demand for stablecoins.
Why did the price of CFX fall?
Conflux (CFX) dropped 1.8% in the last 24 hours, performing worse than the overall crypto market, which fell 2.6%. This decline is due to technical weaknesses, uncertainty from China’s crackdown on stablecoins, and slower momentum following recent updates in the Conflux ecosystem.
- Technical Weakness – CFX is trading below important moving averages, showing weak market momentum.
- Regulatory Pressure on Stablecoins – Alibaba’s shift to regulated deposit tokens highlights risks for Conflux’s offshore yuan stablecoin projects.
- Market-Wide Fear – The crypto Fear & Greed Index is at 22 (Extreme Fear), increasing selling pressure on alternative coins like CFX.
Deep Dive
1. Technical Breakdown (Negative Outlook)
Current Situation: CFX is priced at $0.0872, below key moving averages such as the 7-day simple moving average (SMA) at $0.099 and the 200-day exponential moving average (EMA) at $0.133. The Relative Strength Index (RSI) over 14 days is 37.78, which suggests the coin is oversold but doesn’t show signs of a rebound yet.
What this means: Continued selling has broken through important support levels. According to Fibonacci retracement analysis, the next major support level is around $0.082. Trading volume has dropped by 23% compared to the previous day, indicating weak buying interest to push prices back up.
What to watch: If CFX closes above the 7-day SMA ($0.099), it could signal a short-term recovery. However, falling below $0.082 might lead to faster losses.
2. China’s Stablecoin Crackdown (Mixed Effects)
Background: Recent reports (CNBC) show that Alibaba is moving toward regulated deposit tokens after China announced a ban on private stablecoin research starting August 2025. Conflux’s offshore yuan stablecoin (CNH₮0), planned for July 2025, is limited to use outside mainland China.
What this means: While Conflux’s offshore stablecoin avoids direct conflict with China’s regulations, Alibaba’s move signals increased government scrutiny. This creates a cautious environment for blockchain projects connected to China.
What to watch: Adoption of Conflux’s CNH₮0 stablecoin in Belt and Road Initiative markets, where monthly transaction volumes are currently estimated between ¥2–4 billion (about $276–552 million).
3. Overall Crypto Market Sentiment (Negative)
Market Overview: The total cryptocurrency market value dropped 2.6% in 24 hours. Alternative coins like CFX underperformed Bitcoin, which holds a dominance of 58.65%. The Fear & Greed Index is at 22, indicating extreme fear among investors.
What this means: CFX is more volatile than Bitcoin, with a beta of -51% compared to Bitcoin’s -18% over the past 90 days. Lower trading activity (0.087 compared to over 0.1 in October) suggests liquidity is drying up.
Conclusion
CFX’s recent decline is driven by technical weaknesses, China’s tightening stablecoin regulations, and a cautious overall crypto market. Although the coin is oversold and could see a bounce, a sustained recovery will likely depend on stronger adoption of its offshore stablecoin or positive momentum in Bitcoin.
Key points to watch: Will CFX maintain support at $0.082? And can CNH₮0 transaction volumes recover after Alibaba’s regulatory shift?