Conflux (CFX/USD) price made a bullish breakout on Tuesday as a cheerful mood engulfed the cryptocurrency industry. CFX, its token, jumped to a high of $0.4452, the highest level since March 29th. It has soared by more than 1,975% since January, making it one of the top performing coins in the industry.
Binance to support mainnet integration
Conflux has done well in the past few months as investors cheer the network’s growth. The most important news was that the developers reached an agreement with China Telecom, a behemoth with millions of users.
Conflux has also reached multiple partnerships in the past few months. On Monday, the developers reached a deal with Samurai, a developer of blockchain-enabled games. Players play the role of samurais in the game and recruit their generals to destroy their enemies.
Last week, the developers announced that they would deploy Uniswap V3. This new development will provide incentives like creation of liquidity pools for CFX/USDT and CFX/BTC pairs.
The main reason why Conflux price is jumping on Tuesday is that Binance announced that it will support the mainnet integration. This means that after the migration is complete, Binance will support deposits and withdrawals for CFX token. These withdrawals will happen through the Conflux eSpace, Conflux Core Space, and BEP 20.
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