Investment Opportunity: Amidst a 119% surge prior to Upgrade 3.0, is it worth investing in Conflux (CFX)?
In the world of cryptocurrencies, Conflux (CFX) is making waves, especially with the upcoming 3.0 upgrade scheduled for July 30, 2025. The public blockchain, approved by the Chinese government, has been experiencing a significant surge, with a 7-day increase of 119%, jumping from $0.11 to $0.24.
The catalyst for this rise is the Conflux Network's 3.0 upgrade, which introduces the TreeGraph 3.0 architecture, combining Proof of Work (PoW) and Proof of Stake (PoS) to achieve a promising 15,000 transactions per second (TPS).
Charles Ledoux, a Bitcoin specialist and blockchain technology expert, regularly contributes to the platform, offering insights into the potential trajectory of CFX. Based on multiple recent price predictions and technical analyses, it is plausible that CFX could reach or exceed $0.50 beyond 2025, but not immediately in August 2025.
One source expects a price near $0.33 by August 2025, with momentum starting then, and a potential price of up to $1.78 by the end of 2025, implying a strong bullish trend through the year and after the upgrade. Another source projects a more conservative figure, around $0.185 to $0.19 for all of 2025, with a gradual increase to about $0.24 by 2030.
Technical analysis notes a recent price breakout and bullish signals on weekly and daily charts, with the price currently around $0.23. The looming Conflux 3.0 upgrade is seen as a potential catalyst to push prices higher, possibly initiating a macro uptrend.
Longer term forecasts referencing the 3.0 upgrade anticipate a 700% increase by 2030, suggesting a target around $1.7, meaning prices would significantly surpass $0.50 at some point in the coming years. However, achieving $0.50 immediately after the upgrade in August 2025 seems optimistic according to most predictions.
A recommended strategy is to take profits at $0.33 and $0.50, and invest in DCA below $0.25 and exit in DCA as you approach $0.50. Bitget, an ideal platform to buy CFX before the upgrade due to its high volume, competitive fees, and enhanced security, offers a quick guide for purchasing CFX: create an account, complete KYC verification, deposit euros, convert euros to USDT, search for the CFX/USDT pair, and place a buy order.
After a potential surge, a correction is possible. Investors are advised to keep a close watch on market factors, adoption, and broader crypto market conditions to navigate any potential downturns. Despite this, the current price trend and technical indicators support a positive outlook for Conflux (CFX).
In addition to the upcoming upgrade, Conflux has partnerships with AnchorX, Dongxin, and Ping An to promote an offshore RMB stablecoin for cross-border transactions under the "Belt and Road" initiative. The daily trading volume of CFX is $1.68 billion, with a market cap of $1.11 billion.
As the Conflux Network prepares for its 3.0 upgrade, the stage is set for a strong bullish run that could lead to $0.50 or higher within 2025 or shortly thereafter. While hitting exactly $0.50 by August may not align with all expert forecasts, the upgrade undeniably sets the stage for a significant price increase in the near future.
At the Conflux Academy, students studying finance and technology may find investing in Conflux (CFX) intriguing, given the anticipated bullish trend following the Conflux Network's 3.0 upgrade. The upgrade, scheduled for July 30, 2025, is expected to catalyze a price surge, potentially pushing CFX prices beyond $0.50 in the near future.
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