The current global economic landscape is undergoing significant changes. As the global interest rate hike cycle approaches its end in the second half of 2024, funds are beginning to flow back to emerging markets. Meanwhile, the Chinese government has clearly stated regulatory requirements for the digital economy and blockchain infrastructure, emphasizing that these technologies must be "regulatable and controllable."

Against this backdrop, the CFX project stands out with its unique positioning. It is currently the only cryptocurrency project that possesses compliant identity, public chain functionality, and on-chain RMB circulation capabilities, which makes the strategic importance of CFX far exceed that of other crypto assets.

From a policy perspective, CFX has successfully entered the filing system of the Cyberspace Administration, providing it with compliance assurance. At the same time, its developed AxCNH stablecoin is undergoing pilot payments in countries along the "Belt and Road" initiative, demonstrating its potential in cross-border finance.

On the technical side, the launch of Conflux 3.0 has significantly enhanced the system's execution efficiency, cross-chain capabilities, and interactions with physical assets and artificial intelligence. These technological upgrades lay a solid foundation for the future expansion of CFX application scenarios.

From a financial perspective, CFX naturally becomes an important vehicle for the internationalization of the Renminbi on the blockchain. With the expansion of the usage scale of AxCNH on-chain, the value of CFX as a Gas fee and native token is expected to significantly increase.

Currently, the market capitalization of CFX is only a few hundred million dollars, a figure that does not reflect its potential value as financial infrastructure. If the usage of AxCNH continues to expand, CFX is likely to undergo a revaluation of its value. In the history of cryptocurrency, only Solana and MATIC have experienced similar value surges.

In summary, the CFX project occupies a unique position in the current cryptocurrency market due to its unique policy support and practical application scenarios. With the changes in the global economic landscape and the advancement of China's digital economy strategy, the development prospects of CFX are worthy of close attention from the market.