Trump and Xi Release Alpha: What’s Behind the Crypto CFX Surge?
The cryptocurrency initiative Conflux Protocol (CFX) is back in action, and this time it seems more than just a random surge. CFX is benefiting from recent crypto token burns, earning yield activities, and new strategic alliance announcements in Asia.
In the meantime, President Trump and President Xi engaged in a phone conversation on the 5th of June. Lasting for 90 minutes, it appears a significant amount of valuable information was exchanged. The crypto market responded positively to Trump’s comments made afterwards.
CFX: China’s Crypto Blockchain Makes a Comeback
Conflux (CFX) is a Layer 1 blockchain recognized for its unique hybrid architecture. Utilizing both PoW and PoS, along with Tree-Graph consensus, it facilitates quick and scalable transactions.
Being the top regulated and approved chain in China, it stands out as a prime choice for Chinese initiatives. It is EVM-compatible and cross-chain, expanding through numerous partnerships across Asia.
CFX integrates practical use cases with a geopolitical story, endowing it with significant potential.
Conflux is evolving into the supporting framework for RWA and PayFi in Web3.
With its native regulatory compliance in China and increasing traction abroad, Conflux stands as the sole public chain effectively connecting East and West.
In the RWA domain, Conflux is:
– Backing…
— Conflux Ecosystem (@ConfluxEco) May 12, 2025
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It seems that CFX is not merely all talk; it’s receiving considerable recognition. Recently, it surged to $0.083, outperforming many other cryptocurrencies.
This surge is attributed to a massive crypto token burn, with 76 million $CFX incinerated as part of a token management strategy.
Additionally, 500 million tokens have been staked for long-term growth, which has received approval from DAO #14.
If you’re studying crypto market cycles, analyze $CFX
Extended bearish
Stealth accumulation
Rapid price breakout
Price peaks = distribution
That’s how the market operates, not
luck, merely timingBig month ahead for Conflux!
✓ 76M $CFX burned
✓500M $CFX staked for sustainable growth
✓…
— PrestitoCrypto (@CryptoPrestito) June 3, 2025
More partnerships and conferences have also taken place in Hong Kong, resulting in an exceptional week for the Conflux protocol.
Looking at the broader CFX project, we observe that the entire Asian market is gaining substantial momentum.
From South Korea’s pro-crypto leadership to China’s economic stimulus initiatives, this typically signals a significant optimistic trend for crypto.
A significant portion of this will be infused into the crypto market.
SO INCREDIBLY BULLISH YOU CAN’T COMPREHEND!!!!
CHINA IS SET TO UNVEIL A FISCAL STIMULUS EXCEEDING 10 TRILLION YUAN ON NOVEMBER 8!!!!
MONEY PRINTER ABOUT TO GO COMPLETELY PARABOLIC!!!!
SOURCES WITH INSIGHT pic.twitter.com/C64JqzTXpU
— Kyle Chassé / DD
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How One Call Can Alter the Financial Landscape
It’s not merely a casual phone conversation. I’m not implying that Trump and Xi are friends. It’s a conversation between two of the most influential figures on the planet.
On June 5th, Trump participated in a 90-minute phone discussion with Xi. Following this, Trump made remarks that essentially stimulated markets worldwide.
“I just wrapped up a very positive phone conversation with President Xi, of China, discussing some of the nuances of our recent, and agreed upon, Trade Deal…” – President Donald J. Trump pic.twitter.com/vo9QO7IOWD
— The White House (@WhiteHouse) June 5, 2025
He referred to it as “a very good phone call”, and that was sufficient for the cryptocurrency market to rally. They reached an agreement on a trade deal that had been highly anticipated over the previous months.
The conversation concentrated on trade agreements, rare earth elements, and minerals. If this holds true, it may herald a new chapter, offering substantial benefits to crypto.
Projects like CFX that connect East and West will benefit the most from such developments.
Typically, the geopolitical landscape does not sway crypto altcoins, but this seems to be one of those exceptional instances.
JUST IN:
— Watcher.Guru (@WatcherGuru) November 7, 2024
With President Trump’s vision of establishing the U.S. as the leading crypto hub, it’s evident how China might follow suit.
When we consider everything, this could provide significant impetus for a market rally.
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Essential Takeaways
The article Trump And Xi Drops Alpha: Why is Crypto CFX Pumping? first appeared on 99Bitcoins.
