Although the Crypto Assets market has been relatively calm recently, the number of holders of Conflux (CFX) has been steadily rising. This phenomenon has sparked speculation about who is quietly accumulating CFX.

Observations indicate that those accumulating CFX are not investors following short-term speculation or buying at high prices, but rather experienced long-term strategists. They value several key advantages of the Conflux network:

First of all, the issuance of the RMB stablecoin AxCNH on Conflux brings new application scenarios to the network. Secondly, Conflux, as a public chain that meets regulatory requirements, has a unique position in the Chinese market. More importantly, mainstream social platforms like Xiaohongshu and Soul choosing to build blockchain applications on Conflux highlights its technical strength and market recognition.

Currently, the price of CFX is about $0.22. As the activity of the Renminbi stablecoin on the chain continues to rise, this price may just be the starting point for future growth. Although CFX is not a hot topic at the moment, true value often reveals itself after quietly accumulating.

It is worth noting that although the market appears calm, significant changes may be brewing behind the scenes. For investors focused on the development of blockchain technology and the digital currency market, this 'still waters run deep' development trend of CFX deserves close attention.