Recently, there is a viewpoint that the CFX project has completed the optimization of its underlying configuration and will soon enter the market correction phase. Unlike many projects that rely on "imagination" to drive price rise, the development of CFX is more rooted in its actual results.

From an on-chain structural perspective, CFX has already achieved several key functions. First, it has established a real identity mapping system, providing users with higher security and credibility. Second, the RMB stablecoin bridge has been successfully launched, facilitating cross-border transactions and asset management. In addition, government affairs, social platforms, and central enterprises have already settled into the CFX ecosystem, demonstrating its application potential in various fields. Finally, CFX has also completed a technical upgrade, becoming an AI-native chain, providing the infrastructure for the development of artificial intelligence applications.

These achievements are not just confined to the white paper, but are functionalities that are already running on the mainnet. Therefore, CFX has transcended the stage of mere speculation and entered the realm of being the "basic execution layer". Similar to Ethereum (ETH) and TON, CFX is becoming the digital backbone within a specific ecosystem.

Currently, the price of CFX is about $0.21, which may indicate that its true value has not been fully recognized by the market. Some analysts believe that if the price of CFX rises to $5, it would not be an outcome of excessive speculation, but rather a delayed affirmation of its value by the market.

Overall, the CFX project has demonstrated strong development momentum and enormous potential. As its technology and ecosystem continue to improve, we may see CFX play an increasingly important role in the blockchain space in the future. However, investors still need to be cautious and closely monitor market trends and project developments.