Conflux has proposed a governance vote to let its Ecosystem Fund collaborate with publicly listed companies on treasury allocations and ecosystem support. The plan includes four-year lockups on CFX and reflects growing interest in institutional-level engagement with regulated markets.
Conflux (CFX) has rebounded 7% following a sharp 27% sell-off, as traders attempt to hold the $0.20 floor while on-chain data show new adoption highs for China’s government approved Layer-1. Analysts caution that fading volume near $0.2338 and soft RSI readings suggest the bounce may lack strength.
$CFX has fallen 27.5% in one day as its latest breakout fizzled, but the layer-1 has rolled out Belt & Road stablecoin pilots, AI-driven payment partnerships, and a 76 million-token burn with fresh staking, moves that have tightened circulation and pointed toward renewed ecosystem growth across Asia.
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