$CFX Conflux Network (CFX) is attracting attention due to its recent explosive growth, with the price surpassing a key resistance level – if it maintains above 0.25 USD, CFX has the potential to reach 0.60 USD in the near future.

The price of Conflux has surged due to the platform preparing for an upgrade, paving the way for a stablecoin pegged to the yuan – a significant driver for liquidity and attracting investors in Asia.

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Conflux has made a strong breakout with a 41% increase in 24 hours, with trading volume reaching 628 million USD due to news of an important upgrade.

The price of CFX has surpassed the 200EMA and 200MA moving averages, reinforcing the potential to create an upward wave towards the 0.60 USD range if it maintains the current momentum.