Conflux price jumps 11% after breaking key resistance, driven by rising network activity.

Conflux (CFX) surged 11% following a breakout from a multi-month sideways trading range, confirmed by a retest at the $0.07 price zone. This rally was supported by increased network activity, including a 2.5x rise in daily transactions, a nearly sixfold jump in app revenue, and a significant growth in stablecoin market cap and new users. The price moved above the 100 EMA with bullish momentum indicators, suggesting potential for further gains if it holds above $0.07. However, investors should be cautious of possible corrections amid the uptrend.