Convex Finance (CVX) - North Star Upgrade - 29 Apr 2025

The North Star Upgrade could have a profound impact on Convex Finance's price. This upgrade entails a significant change in token utility and naming, which could attract new users to the platform. Frax Share becoming the gas token means that its usage will likely increase, potentially leading to higher demand for CVX. However, changes bring uncertainty, and while some investors might see this as a growth opportunity, others could view it as risky. Price movements will depend on market reception of these changes and any adoption challenges that arise. source1/ On April 29th at noon PST, Frax takes the next step in our evolution with the North Star Upgrade ️With this update, Frax Share will be renamed simply to Frax, become the gas token for Fraxtal, & be the sole commodity token utilized for security in the ecosystem forever.