Conflux (CFX) experienced an 11% price increase in the past 24 hours, breaking out from a prolonged sideways trading range. The altcoin's daily trading volume exceeded $75 million, with its market capitalization approaching $400 million. This surge followed the breach of a multi-month descending trendline resistance, which had been in place since July 2025, and a subsequent breakout from a sideways range between $0.04709 and $0.06823. The rally was supported by increased network activity, including a rise in stablecoin market cap from $2,008 to $5.24 million over 18 days, and a significant increase in app revenue from $23 to $138. Additionally, daily transaction counts reached a new high of 28,198, up from 11,634, and the number of active users grew from 29 to 118 this month. These factors contributed to the bullish momentum, although caution is advised as potential corrections could occur.