Conflux (CFX) saw a sharp price increase today, gaining nearly 75% in 24 hours. The token rose from around $0.10 to above $0.18 – its highest level in months.
The price movement followed heightened attention around the Conflux Technology & Ecosystem Conference 2025, which took place in Shanghai between July 18 and 20. The event brought together blockchain developers, academics, and institutional partners, and featured the unveiling of Conflux 3.0 – the protocol’s latest upgrade.
Government-Backed Upgrade Announcement
The new version was officially announced on the website of the Shanghai municipal government. The release described Conflux as a public chain “in the world’s first tier” and highlighted that Conflux 3.0 will deliver a technical upgrade to support the next phase of blockchain infrastructure development.
According to the statement, the updated version will include an improved execution module and a new storage architecture. These changes are expected to increase the network’s transaction capacity to 15,000 TPS (transactions per second). The release also noted that Conflux will offer native support for on-chain AI agents, cross-border payment tools, and bulk settlement of real-world assets (RWA).
Read also: What Are Dusting Attacks? How to Handle Random Crypto Drops in Your Wallet
Next Steps for Conflux
The Conflux 3.0 mainnet is expected to go live in August. Once active, the network will introduce support for cross-border use cases including offshore RMB stablecoins and RWA-based settlements, with trial projects reportedly planned in Central Asia and Southeast Asia.
Several partnership agreements were signed during the conference, including collaborations with Fudan University’s International Finance Institute, the Qingdao Copyright Exchange, and fintech firm AnchorX. These partnerships are expected to further expand Conflux’s presence in both domestic and international applications.
