The native token CFX of the Conflux Network is迎来新的发展机遇. As a public chain project with a unique position, the Conflux Network has not only received strong support from the Shanghai municipal government but is also the only public blockchain in China that meets regulatory requirements.

Since its launch in November 2020, the CFX Token has played an important role in the Blockchain field. It serves not only as a medium for paying transaction fees but also offers various ways for holders to earn returns, such as staking, storage leasing, and more. At the same time, CFX also plays a key role in network governance and security maintenance.

It is worth noting that the Tree Graph chain is about to undergo a major upgrade. The 3.0 version of the Tree Graph public chain is expected to officially launch in August 2023. This upgrade will significantly enhance network performance, achieving an astonishing transaction processing capability of 15,000 TPS. Even more remarkable is that the new version will natively support on-chain calls for artificial intelligence Agents, demonstrating the ambition of the Tree Graph chain in technological innovation.

In addition, the Shitu Chain is actively expanding its application scenarios. At the recent Technology and Ecological Development Conference, Shitu Chain announced collaborations with multiple parties to promote the issuance and application of offshore Renminbi stablecoins in countries along the "Belt and Road". This initiative not only demonstrates Shitu Chain's international ambitions but also opens up new possibilities for the future use of CFX Token.

Despite the market performance of CFX fluctuating like a roller coaster, dropping from its historical peak of $1.7 to around $0.3 today, its circulating market value of $2.82 billion still shows the market's continued interest in it. With technological upgrades and the expansion of application scenarios, the future development of the CFX Token is worth looking forward to.