A little-known Ethereum competitor is in the midst of a major breakout, posting numbers that outpace both Bitcoin and ETH.
The layer-1 blockchain Conflux Network (CFX) is trading at $0.295 at time of writing, up 53% in the last seven days.
That compares to a 16% rise in the price of Bitcoin and a 9% rise in the price of Ethereum in the same time frame.
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The coin, which launched in November of 2020, burst on the scene in this year when the project announced a partnership with China Telecom, one of the largest wireless carriers in the country.
The platform has also been integrated into Xiaohongshu, known as Little Red Book, which is a Chinese social media and e-commerce platform that reportedly has more
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