Top 10/100 Coins for 0220 | Bitcoin concept STX rises by 70%, Hong Kong concept coins CFX/NEO, FIL to launch smart contracts in March

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Top 10 Market Cap: Helium to Migrate to SOL by the End of March

The top 10 market caps have generally declined, with SOL being the only one showing a 10% increase. Today's related news includes:

Distributed network infrastructure project Helium will migrate to Solana on March 27.

Top 100 Market Cap: STX/CFX/NEO/FIL

Stacks STX, a Bitcoin Layer 2 network solution, co-founder @muneeb claims that the upgrade this year will bring significant progress to the Bitcoin application ecosystem. He also discussed the Lightning Network and the recent popular Bitcoin NFT protocol Ordinals, believing that all current blockchain applications can be realized on this solution. However, this has also led to a lot of community criticism, claiming that it is not as good as he says. Nevertheless, it has risen by 70% today.

Conflux CFX, Neo NEO, due to clearer exchange and stablecoin framework and licenses to be introduced by Hong Kong regulators, the Chinese community is very excited, even though it has not been decided whether licensed operators can serve retail investors. They are all considered favorable targets for the Chinese community, even organizing them into "Hong Kong concept coins." Reasons such as "claiming to apply for a Hong Kong license," "Chinese project," and "having stablecoin issuance plans" are seen as positive signs of Hong Kong's regulatory friendliness. CFX has nearly a 50% increase in performance.

Related news:

• China Telecom will partner with Conflux Network to pilot support for blockchain-enabled SIM cards in Hong Kong: BSIM
• NEO is an established public chain in China, and due to Chinese factors, it is expected to receive favorable treatment, with the online community even referring to it as the "Chinese Ethereum"
• SFC: Exchange license to be launched in June, recommending conditional opening of retail investor trading

Filecoin FIL indicates that on March 14, the Filcoin mainnet virtual machine FVM will go live, and the project is strongly supported by the Chinese community, also being considered among the "Hong Kong concept coins."