- Conflux price surges more than 100%, pushing CFX into the top 100 coins by market capitalization as Ethereum approaches $4,000.
- The altcoin rally has lifted major tokens such as XRP, Solana, and BNB.
- Reports from a network conference in Shanghai — especially news that Conflux 3.0 is approaching — have energized CFX bulls.
Conflux (CFX) is the top performer among the 100 largest cryptocurrencies by market capitalization over the past 24 hours, with its price spiking an impressive 116%.
CFX traded as high as $0.24, a multi-month peak that has traders and investors eyeing a potential larger breakout.
This rally for the 81st-ranked altcoin comes amid a broader bullish rotation in top cryptocurrencies, with Ethereum leading gains while Bitcoin takes a breather.
Part of CFX’s surge stems from a major announcement at a recent Conflux event: the forthcoming Conflux 3.0 upgrade, expected to go live in August.
Conflux 3.0 announcement sparks triple-digit gains for CFX
As noted above, CFX jumped more than 100% after the market reacted to a significant upgrade announcement.
The news was revealed at the Conflux Technology & Ecosystem Conference 2025 in Shanghai, held from July 18–20.
A key highlight from the summit was a statement by Dr. Guang Yang, Conflux’s Chief Technology Officer.
Yang confirmed that the architectural changes in Conflux 3.0 are scheduled to be activated in August.
ANNOUNCEMENT: CONFLUX TECHNOLOGY AND ECOSYSTEM CONFERENCE 2025
🗓 STARTING TOMORROW | 18-20 July 2025 🌆 Shanghai, China
✨ Get ready for the ultimate blockchain gathering of the year, brought to you by Conflux Network. Featuring the following strategic domains:
🔹 Offshore RMB… pic.twitter.com/VMiqamvtxk— Conflux Network Official (@Conflux_Network) July 17, 2025
The market’s positive reaction helped lift a wide range of altcoins, with large-cap tokens rallying alongside Ethereum’s surge and renewed momentum for XRP toward fresh highs.
Solana also made moves toward the $200 level.
Recent regulatory approvals and the signing of the GENIUS bill contributed to the broader crypto rally.
That improved macro and regulatory environment, together with Conflux’s network-specific news, appears to have fueled CFX’s dramatic rise over the last two days.
Daily trading volume jumped more than 1,050% to over $1.74 billion, while CFX’s market capitalization climbed above $1.13 billion.
Conflux price outlook
Over the past seven days, Conflux has risen about 7%, and its month-to-date gains extend to roughly 204%.
Bulls gave back some gains after CFX reached its intraday high of $0.24.
Price chart for Conflux according to CoinMarketCap
The bullish move placed CFX above a key supply zone near $0.18.
A decisive breakout above $0.30 could open the door to the $0.55 peak recorded in March 2024.
If a short-term altcoin season pushes prices toward $1 or higher, that scenario becomes increasingly plausible.
However, profit-taking could trigger a pullback to important prior support levels, including $0.14 and $0.10.
At the current price of about $0.22, CFX is more than 900% higher than the $0.021 low reached in January 2023.
The Conflux token’s all-time high remains above $1.70, recorded in March 2021.