Direction 1 (L1) COC CFX has become the most efficient Altcoin today, reaching its highest price level since December 9, 2024.
The rally follows a series of recent ecosystem updates that have considerably stimulated commercial activity and the feeling of investors around CFX. The demand continuing to strengthen, the medal appears to be well positioned for more short -term increase.
The CFX double price in a week while the roadmap focused on Asia takes place
CFX is currently negotiated at $ 0.23, climbing 83% in the last day. During last week, the price of the part increased by more than 110%.
The overvoltage of CFX prices is largely motivated by the anticipation of the upgrading of its graph 3.0 tree, which should be launched in August. The upgrade promises a major increase in performance, allowing up to 15,000 transactions per second. It also introduces support for AI agents, real asset regulations and cross -border payments, aimed at strengthening the web infrastructure in Asia.
In addition, Conflux is developing a stablecoin RMB Offshore in collaboration with Anchorx, Dongxin and Ping An. Stablecoin should gain ground thanks to upcoming pilot programs in Central and Southeast Asia, widening the regional relevance of Conflux.
Adding to his momentum, Conflux recently joined Metya, a social platform focused on AI. These updates have resulted in a sharp increase in CFX demand, which has considerably increased its value in recent days.
CFX brings together an accumulation of intelligent currency
According to Santiment, the social domination of CFX – a metric which follows the percentage of discussions linked to the crypto focused on the active – has climbed up. According to the chain data supplier, this amounted to 0.74% at the time of the press, confirming the notable wave of online gossip on CFX.
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This confirms that Altcoin has drawn significant attention to the wider conversation of the market, a trend that is often a precursor to increased retail activity and short -term price dynamics.
In addition, in the past three days, the CFX (SMI) intelligent currency index has climbed, indicating an increase in the interests of influential investors and large holders. The readings of this indicator show that its value has increased by 46% since July 19.
Intelligent money refers to the capital controlled by institutional investors or experienced traders who include market trends and timing more deeply. The SMI follows the behavior of these investors by analyzing the movements of intradays prices.
It measures the sale in the morning (when retail merchants dominate) compared to the purchase in the afternoon (when the institutions are more active).
An increasing SMI like this indicates that intelligent money accumulates CFX, often before major price movements-a trend mainly motivated by the upcoming launch of the upgrade of the Mainnet Tree-Graph 3.0, which takes place for the next few days.
CFX Eyes faded above $ 0.25-Can bulls push towards the summits April 2024?
Supported purchase pressure could see CFX breaking over its immediate resistance to $ 0.2484. A successful violation of this level could generate its price to $ 0.306, a last high -time reached in April 2024.
However, if market players are taking advantage, this bullish projection will be invalidated. In this case, the price of the part could fall to $ 0.1664.
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