On May 27th, Conflux Network announced that it will upgrade the Conflux v2.4.0 testnet at block height 173520000, which is expected to take place at 15:00 on May 30th. This upgrade includes 12 CIPs, with 11 of them expected to be enabled at 23:00 on May 30th, and CIP-136 expected to be activated at 3:00 on May 31st.

$CFX price rose by 8.4%, possibly influenced by A-share opening pump of over 10%, reaching a high of 0.2144USDT gate news: $CFX price pumped 8.4% in the past 24 hours, perhaps due to the explosive opening of A-share market after the holiday. In the first 20 minutes of trading, the trading volume of Shanghai and Shenzhen stock markets exceeded trillions. In the encryption community's view, CFX, a project founded by a Chinese team, is considered a Chinese concept coin. gate Data shows that the price of $CFX has pumped 8.4% in the past 24 hours, with the current price at $0.1948, a market cap of $882M, and a 24-hour volume of $16.7M.

The Hong Kong Encryption New Deal is about to take effect! Inventory of 5 Crypto Projects Worth Investing in 1. NEO (NEO) $NEO$ It is a smart contract platform established in 2014, formerly known as Antshares, a Layer 1 blockchain, often referred to as "Chinese Ethereum". NEO is committed to replacing Ethereum and becoming the most developer-friendly blockchain. Although the NEO project does not have much publicity and is relatively low-key, it is a long-term project. Afterwards, with the introduction of new encryption regulations in Hong Kong, the market is also optimistic about the price of the token for a long time, and it is possible to continue to rise sharply in the later period. 二、Vechain (VET) Founded in 2015 by Sunny Lu, the former chief information officer of Louis Vuitton China, the project has a close relationship with China. This includes long-term partnerships with several major Chinese companies, such as state-owned China Tobacco and Haier, one of China's largest home appliance manufacturers, as well as active joint development projects with the Chinese government, such as with the government of Gui'an New District, Guizhou Co-develop a pilot project for a blockchain-based carbon credit trading platform. VeChain has also been recognized as a "National High-tech Enterprise" by the China Internet Information Office, which helps to enhance its reputation and credibility in China. 3. Conflux (CFX) Conflux advertises itself as the only compliant, open, and public blockchain in China. It also actively cooperates with international brands and government organizations in China to develop cooperation projects related to blockchain and Metaverse technology. The Shanghai municipal government recognized Conflux as a "key innovative blockchain platform" and funded its development. The market may expect that Conflux will take advantage of Hong Kong compliance and the good news that BSIM is expected to greatly popularize the number of wallets, triggering token $CFX$ It surged nearly 300% in a single week and broke through $0.3528 on the morning of May 21. As China's attitude towards the crypto industry gradually softens, Conflux may become the only compliant blockchain network in the country. 4. Filecoin (FIL) The Filecoin network is composed of a large number of storage providers and developers. The encryption proofs used innovatively can ensure the safe and reliable storage of data for a long time. At present, the Filecoin network has stored a lot of data. Filecoin is associated with China in several ways. This includes the project receiving substantial investment from Chinese companies including Sequoia China and Fenbushi Capital. Additionally, several Chinese blockchain startups have chosen to build on the Filecoin network, including IPFSMain, which provides decentralized data storage and transmission services for the Chinese market. 五、Alchemy Pay (ACH) Alchemy Pay is a leading decentralized digital currency payment solution and technology provider in the Asia-Pacific region. It has developed Asia's first hybrid payment solution of cryptocurrency and fiat currency, which can provide fast and secure payment for over one million online and offline merchants. And convenient aggregation of digital currency and legal currency payment technology solutions. At the same time, Alchemy Pay will be the first payment to enter the Hong Kong market. From April 9th to May 9th, Alchemy Pay will launch a one-month cryptocurrency public service advertisement on Hong Kong International Airport, buses and other landmarks. The theme is "I love Hong Kong, I love Bitcoin, I love ACH", to thank Hong Kong for its openness and tolerance to the Web3 industry. expected $ACH$ After the Hong Kong New Deal is officially implemented, there is a chance of further rise. (Data source: veDAO Research Institute)

5 Cryptocurrencies Expected to Make Big Moves in the Coming Days $Kava$ According to the data, the token is up 50% in the past two weeks. The increased utility and scalability of the newly launched mainnet will definitely help KAVA's future performance. Currently, the coin’s $0.8465 support level is key for a bigger upside. The current price action of the coin suggests that a drop in value may occur in the coming days. Defending this price point will be crucial to target the $1.4 resistance level in the coming days. $SNX$ The token is currently up an impressive 15% in a market where major cryptocurrencies are depreciating. New options market maker Lyra will also integrate Synthetix perpetuals in its Newport upgrade, which will bring more attention to Synthetix. For investors, holding $2.334 is important for future price action. However, SNX’s correlation with Bitcoin may cause problems in the short term. Nonetheless, $2.334 should hold up against any bearishness in the medium to long term. $TRX$ Tron's HackaTron Season 4 recently concluded with winners that will help grow DeFi and cryptocurrencies as a whole. It has lifted TRX out of the market's current decline. The token’s value has risen 11 percent since last week, the data showed. The coin’s current trajectory makes it a prime target for bears. After rising for almost a month, investors should brace for a dip to $0.06544 in the short term. Nonetheless, the bulls should be able to target $0.08092 in the long-term once the bearish sentiment in the market cools down. $CFX$ The token has rallied nearly 30% over the past two weeks, making it one of the market's top gainers for equity tokens. Currently the bulls are attempting to recover $0.3128. A return to this level would provide solid support for CFX to close above $0.4215 in the days and months ahead. However, investors and traders should monitor Bitcoin's future price action, as the two assets have historically been correlated. $LTC$ LTC is up nearly 17% since last week. Bitcoin's move towards a tight trading range is affecting LTC's future performance. Currently, the asset is holding above $89.32, which could open the way for higher gains. In the long run, investors and traders should be able to target $100 to secure more upside. (Data source: Christian Encila)

$CFX price pump 14.97%, or influenced by the surge of A-shares gate News: The price of $CFX has pumped by 14.97% in the past 24 hours, which may be related to the relaxation of China's financial policies and the sharp rise of A-shares breaking through 3000 points. In the encryption community, the project CFX founded by a Chinese team is considered to be a concept coin related to China. gate data shows that the price of $CFX has pumped 14.97% in the past 24 hours, with the current price at $0.1883, a market cap of $838M, and a 24-hour volume of $4.5M.