Conflux Token (CFX) Retraces After 39% Gains In Seven Days

Conflux (CFX), the token powering Conflux's high throughput, Tree-Graph powered layer-1 blockchain, experienced a rollercoaster ride in a whirlwind of price fluctuations. Last week, it tumbled to a low of $0.20 per token, leaving observers on edge.

Timeline of Conflux-network

Conflux (CFX), one of the most versatile Layer 1 blockchain protocols tagged as a major competitor to Polygon, is seeing an impressive growth leap today after soaring 10% to $0.3333. Known as a digital currency with versatile price action, the cryptocurrency is now at 3.53% growth over the past 24 hours.

Conflux (CFX), the fast-rising blockchain protocol dubbed China's MATIC, has unveiled plans to deploy Uniswap V3 as it seeks another avenue to bring massive CFX liquidity to the broader Decentralized Finance (DeFi) ecosystem. Conflux revealed on its official Twitter account page that the deployment has the potential to bring access to millions of new users, particularly in the Chinese and Asian markets.

Toronto, Canada, April 14th, 2023, Chainwire Conflux, the only regulatory-compliant blockchain in China, has proposed deploying Uniswap v3 on its network alongside CNH (offshore Chinese Yuan) stable currency, and joining the Curve Wars with its mainnet token CFX bridged to Ethereum mainnet, known as eCFX.

Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices trading below the key $30,000 level on Wednesday following the release of inflation data. The headline CPI came in at 5% year-on-year in March, down from 6% in February, according to data the Labor Department reported on Tuesday.

Conflux (CFX/USD) price made a bullish breakout on Tuesday as a cheerful mood engulfed the cryptocurrency industry. CFX, its token, jumped to a high of $0.4452, the highest level since March 29th. It has soared by more than 1,975% since January, making it one of the top performing coins in the industry.

Conflux plans to deploy Uniswap v3 on its blockchain, which would offer access to millions of potential new users, particularly in China and Asian markets. This comes days after the Uniswap v3 code license expired, allowing developers to fork the protocol and deploy their own decentralized exchange.

Conflux plans to deploy Uniswap v3 on its network, offering access to millions of potential new users in the Chinese and Asian markets. The move comes after the Uniswap v3 code license expired, allowing developers to fork the protocol and deploy their own decentralized exchange.

China's only regulatory-compliant public blockchain, Conflux, has submitted a proposal to deploy Uniswap v3 on its network, following the expiration of the Uniswap v3 code license. This move aims to bring the popular decentralized exchange to the Chinese and broader Asian markets, tapping into a new user base and taking advantage of the region's robust growth in the crypto industry.

The price of Conflux reached a five-month high after the buyers pushed prices to $0.487 last Sunday. Since then, CFX was forced to retrace a portion of the gains it made since mid-March.

Toronto, Canada, 27th March, 2023, Chainwire ​​XCMG Construction Machinery Co., Ltd. (000425.SZ), the world's third largest construction machinery manufacturers, announced a partnership with Conflux, a leading public blockchain network, and Zen Spark Technology Pte Ltd, a Singapore-based blockchain and fintech company.