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The Shitu Chain CFX was founded by the "Yao Class" team from Tsinghua University in China, backed by a national-level Blockchain laboratory, and is the only public chain in mainland China that has received public policy support.
As the only compliant public chain in China, benefiting from the support of Hong Kong's Web3 policy and the implementation of cross-border settlement projects, it has recently partnered with AnchorX and Dongxin Pinghe to promote the issuance of offshore RMB stablecoins, enhancing its practical application scenarios.
The Conflux 3.0 upgrade (launched in August) will optimize transaction speed and smart contract functionality, and will attract more developers to the ecosystem in the future!
CFX has deeply engaged in multiple national strategic infrastructures, such as cross-border settlement pilots, collaborating with Hong Kong and Kazakhstan to issue offshore RMB stablecoins (AxCNH), serving the "Belt and Road" trade settlement. The digital RMB ecosystem includes exploring the combination of central bank digital currency (CBDC) and Blockchain, participating in Shanghai's cross-border payment pilot.
Asset digitization, in collaboration with Ant Group, will put new energy equipment (such as battery swap cabinets and photovoltaic power stations) on the blockchain, promoting the tokenization of RWA (Real World Assets).
Institution and market trends, Grayscale continues to increase its holdings of CFX, coupled with a plan to burn 76 million tokens, reducing market circulation and creating long-term benefits.
Future trend prediction optimistic scenario: If it breaks through $0.20 and stabilizes, with trading volume continuing to expand, coupled with the implementation of Conflux 3.0 upgrade, the price may surge to $0.30-$0.55 (2025 peak).
Recommended medium to long-term layout: Build positions in batches within the range of $0.15-0.17, betting on the long-term value brought by ecological upgrades and policy dividends.
Risk control: Avoid high leverage operations and set dynamic stop-loss.
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