Conflux Price Prediction 2025: CFX Faces Slow Growth Ahead
Key Takeaways
- After a lengthy downturn, Conflux Network’s CFX coin has been climbing in recent weeks.
- The platform is integrated with Ethereum.
- Our Conflux price prediction says the coin could reach $0.245 by 2025.
- Interested in buying or selling CONFLUX CFX coin? Read our review of the best exchanges to buy and sell CONFLUX CFX.
Conflux Network , dubbed the “Chinese Ethereum,” was founded in 2018 as a regulatory-compliant public blockchain in China, offering a scalable and decentralized infrastructure.
Conflux’s integration with the Ethereum (ETH) ecosystem via compatibility with the Ethereum Virtual Machine (EVM) is part of its strategy to engage with the extensive developer community and existing decentralized applications (DApps) on Ethereum.
In December, Conflux announced that it was teaming up with Asian e-commerce platform Smile Shop to launch a prepaid card. On Dec. 9, 2024, its CFX coin was worth about $0.2345.
Let’s examine our own Conflux price prediction, made on June 27, 2024. We’ll also examine some of the Conflux price history and talk a little about what Conflux is and what it does.
Conflux Price Prediction
Let’s look at the CFX price predictions made by CCN on Dec. 9. We will use the wave count to create our prediction and then add and remove 20% to create the minimum and maximum targets.
| Minimum Conflux Price Prediction | Average Conflux Price Prediction | Maximum Conflux Price Prediction | |
|---|---|---|---|
| 2024 | $0.161 | $0.203 | $0.245 |
| 2025 | $0.134 | $0.167 | $0.20 |
| 2030 | $0.212 | $0.265 | $0.318 |
The most likely wave count suggests that CFX is in wave C of an A-B-C corrective structure (white) that started in December 2022.
Wave C often extends, so it could have 1.61 times the length of wave A. If this happens, it will take the CFX price to a high of $0.857, also reaching a horizontal resistance area.
The Fibonacci Time Zone tool indicates the high will be reached in July 2025. Afterward, CFX could begin a lengthy correction.
During these projected upward and downward movements, the wave count method gives a CFX price prediction of $0.203 and $0.167 for the end of 2025 and 2026, respectively.
Then, we can use the rate of increase for the past three years to predict the end of 2024.
CFX has increased by 8% since December 2021, and projecting this increase until the end of 2030 leads to a target of $0.265.
CFX Price Prediction 2025
The wave count method predicts a CFX price range between $0.134 and $0.200 by the end of 2025.
CFX Price Prediction 2026
The wave count method predicts a CFX price range between $0.161 and $0.245 by the end of 2026.
CFX Price Prediction 2030
The daily rate of increase for the past three years gives a CFX price prediction of $0.212 to $0.318 for the end of 2030.
CFX Price Analysis
The daily time frame chart shows that CFX broke out from an ascending parallel channel on Dec. 1. The channel had existed for 166 days before that. So, the breakout suggests that the previous gradual upward trend has ended, and a new one with a steeper slope has begun.
However, CFX failed to break out above the $0.260 horizontal resistance area. Rather, it reached it on Dec. 4, created a long upper wick (black icon), and has fallen since. The CFX price may retest the channel before resuming its ascent.
If CFX breaks out above $0.260, the next resistance will be at $0.510, which is very close to the yearly high.
Despite the decline, technical indicators are still bullish. The Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) are above their bullish thresholds and have not generated any bearish divergence.
So, the decline may be just a short-term retracement before the upward movement continues.
Short-Term CFX Price Prediction
The CFX price prediction for the next 24 hours is bullish. CFX is likely to break out from the $0.260 horizontal resistance area and then accelerate its rate of increase.
Conflux Average True Range (ATR): CFX Volatility
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days. A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility. Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.
On Dec. 9, 2024, Conflux’s ATR was 0.0204, suggesting relatively high volatility.
Conflux Relative Strength Index (RSI): Is CFX Overbought or Oversold?
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above 70 and below 30 show over and undervaluation, respectively.
Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On Dec. 9, 2024, the Conflux RSI was 62, indicating bullish conditions.
Conflux Market Cap to TVL Ratio
The Total Value Locked (TVL) to market cap ratio (TVL ratio) measures the valuation of a decentralized finance (DeFi) project by comparing its market capitalization to the total value of assets locked in its smart contracts. This ratio shows the project’s utilization and links the platform’s health to locked asset value.
A ratio above 1.0 indicates overvaluation because the market cap exceeds the value of assets used in the platform. A ratio below 1.0 indicates undervaluation because the market cap is lower than the value of locked assets.
On Dec. 9, 2024, the Conflux TVL ratio was 60, suggesting strong overvaluation.
CCN Strength Index
The CCN Strength Index combines an array of advanced market signals to measure the strength of individual cryptocurrencies over the last 30 days.
Every day, it assigns a strength score, ranging from 0 to 100, to the top 500 assets by market capitalization on CoinMarketCap, focusing on both trend direction and the intensity of price movements.
- 0 to 24: Assets exhibit significant weakness, showing signs of sustained downtrend behavior.
- 25 to 35: The price tends to move within stable bounds with minimal volatility.
- 36 to 49: Assets begin a stable uptrend but without strong surges.
- 50 to 59: Consistent growth with moderate price advances, building momentum.
- 60+: Sharp price movements and high demand indicate stronger volatility and trend shifts.
The index dynamically adapts to rapid changes. For example, an asset experiencing a 100% increase within a short timeframe would see a sharp jump in its score to reflect the intensity of the rise.
However, should that asset stabilize at this new price level, the score will gradually taper down and align with the dampened momentum as the movement normalizes. The same principle applies to rapid declines: a sudden drop will spike the score downward, but as volatility decreases, the score will slowly adjust back up.
On Dec. 9, 2024, Conflux scored 62.4 on the CCN Index, suggesting momentum strong enough to cause a potential trend shift.
Best Days and Months to Buy Conflux
We examined the Conflux price history and found the best times to buy CFX.
| Day of the Week | Saturday |
| Week | 8 |
| Month | February |
| Quarter | First |
Conflux Price Performance Comparisons
Conflux Price History
Let’s now examine some of the key dates in the Conflux price history . While past performance should never be taken as an indicator of future results, knowing what the coin has done can give us some very useful context when making or interpreting a Conflux price prediction.
| Time Period | Conflux Price |
|---|---|
| Last week (Dec. 2, 2024) | $0.2344 |
| Last month (Nov. 9, 2024) | $0.162 |
| Three months ago (Sept. 9, 2024) | $0.1396 |
| One year ago (Dec. 9, 2023) | $0.2037 |
| Launch price (Nov. 11, 2020) | $0.0825 |
| All-time high (March 27, 2021) | $1.70 |
| All-time low (Jan. 1, 2023) | $0.02191 |
Conflux Market Cap
The market capitalization, or market cap, is the sum of the total number of CFX in circulation multiplied by its price.
On Dec. 9, 2024, Conflux’s market cap was $1.1 billion, making it the 107th-largest crypto by that metric.
Who Owns the Most Conflux?
One wallet held nearly 30% of the Conflux supply as of Dec. 9, 2024.
Richest CFX Wallet Addresses
On June 27, 2024, the five wallets with the most Conflux were
- 0xf977814e90da44bfa03b6295a0616a897441acec. This wallet held 301,414,679 CFX, or 28.06% of the supply.
- 0x5a52e96bacdabb82fd05763e25335261b270efcb. This wallet held 229,617,081 CFX, or 21.38% of the supply.
- 0xc9c283d889680c14987e8fa818615c00d73cea06. This wallet held 42,500,000 CFX, or 3.96% of the supply.
- 0xa371055806ca53402cd783a73ecb6ba9dafa3879. This wallet held 38,087,110 CFX, or 3.55% of the supply.
- 0xc882b111a75c0c657fc507c04fbfcd2cc984f071. This wallet held 29,359,255 CFX, or 2.73% of the supply.
Conflux Supply and Distribution
| Supply and distribution | Figures |
|---|---|
| Total supply | 5,073,327,406 |
| Circulating supply (as of Dec. 9, 2024) | 4,723,327,388 (93.1% of total supply) |
| Holder distribution | The top 10 holders own 68.36% of the maximum supply as of Dec. 9, 2024 |
From the Conflux Whitepaper
In its technical documentation or whitepaper , Conflux says blockchains are based on economics as much as they are based on technology.
It says: “Conflux offers several innovations relative to well-understood blockchain networks such as Bitcoin and Ethereum, both in terms of technology design and the economics that underpin the technology. Most notably, a major difference in Conflux when compared to the status quo is that the processing of blocks occurs in parallel rather than serially, and users who commit code or information to the blockchain face ongoing costs and/or benefits for the duration they occupy chain space.”
Conflux (CFX) Explained
The Conflux blockchain is designed to be quick and save people money.
Chinese crypto entrepreneurs Fan Long, YuanJie Zhang, and Ming Wu founded Conflux in 2018. The CFX crypto started trading on the open market in November 2020. It is fully compliant with China’s notoriously strict crypto regulations.
Shanghai city authorities chose the system to help create a central bank digital currency (CBDC) based on the Chinese Yuan.
The CFX coin supports the conflux network.
How Conflux Works
The Conflux blockchain uses a tree-graph system, with blocks split into different branches linked to a parent block. This, at least in theory, allows it to be faster and less vulnerable to slowing down than traditionally structured chains.
Conflux secures itself using a hybrid of Proof-of-Work (PoW) and Proof-of-Stake. This means that people can solve increasingly complex mathematical equations to add blocks to the blockchain or be selected based on how much CFX they hold.
The PoS element of Conflux allows people to build decentralized applications (DApps) on the blockchain.
CFX rewards people who add blocks to the blockchain, as well as paying the system’s fees. Meanwhile, holders can vote on changes to the network. People can also buy, sell, and trade the coin on exchanges.
Is Conflux a Good Investment?
It is hard to say. While the blockchain does have the advantage of operating under China’s notoriously strict regime, it has not been immune to overall market movements.
Furthermore, crypto has been struggling recently, and we don’t know what, if anything, can be done to get it moving upward again.
As ever with crypto, you will need to make sure you do your own research before deciding whether or not to invest in CFX.
Will Conflux go up or down?
No one can really tell right now. While the Conflux crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind, too, that prices can and do go down and up.
Should I invest in Conflux?
Before you decide whether or not to invest in Conflux, you will have to do your own research, not only on CFX but on other similar coins and tokens such as COTI. Either way, you should ensure you never invest more money than you can afford to lose.
Technical analysis by Valdrin Tahiri.
FAQs
Will Conflux reach $1?
If it does, Conflux won’t reach $1 until at least the 2030s, according to our price analysis.
It is worth pointing out that the highest CFX has ever traded at is $1.70, which it reached in late March 2021.
What is Conflux used for?
CFX rewards people who add blocks to the CFX blockchain. Holders can vote on changes to the platform, and CFX also pays the system’s fees. People can also buy, sell, and trade it on exchanges.
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