Gate News Report: On March 16, according to Gate market data, as of press time, CFX (Conflux) is trading at $0.06238222, up 10.36% in the last 24 hours. The highest price touched $0.06258292, while the lowest fell to $0.04866883, with 24-hour trading volume reaching $76.7 million. The current market cap is approximately $324 million, an increase of $30.4 million compared to yesterday. Conflux is a high-performance, scalable blockchain network that enables parallel block processing through its breakthrough Tree-Graph consensus algorithm, reducing confirmation time and improving transaction throughput. The network employs a proven PoW consensus mechanism, providing enhanced security and reentrancy attack protection at the protocol level. Conflux