Cardano ADA News: Upcoming Leios Upgrade Promises Massive TPS Improvement
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Cardano is gearing up for a significant upgrade that could potentially revolutionize its transaction capabilities, aiming to match the performance of other high-speed blockchains like Solana and Sui.
Cardano’s Leios Upgrade Aims for Millions of TPS, Claims to Match Solana/Sui Performance
Cardano is preparing to launch its Ouroboros Leios upgrade, which targets millions of transactions per second (TPS), significantly scaling the blockchain. The upgrade aims to achieve faster throughput by splitting transaction processing and block validation, enabling parallel transaction execution while preserving security and decentralization. IOG Director Nicolas Biri believes that with this upgrade, Cardano will become one of the fastest blockchains in the industry, matching the performance of Solana and Sui but with decentralization.
Cardano Ratifies Blockchain Constitution, Setting Stage for Full Decentralization
Cardano Foundation has announced that the network’s community has officially ratified the blockchain’s constitution, paving the way for its implementation on February 23. This milestone establishes the foundation for on-chain governance, guaranteeing clear rules, transparency, and accountability in decision-making. The approval follows extensive discussions, workshops, and contributions from stakeholders. The governance framework, as outlined in the constitution, ensures that ADA holders have a direct role in shaping Cardano’s evolution.
Cardano and Rollblock Attract Investor Attention with Growth Potential
Cardano’s recent price surge and adoption point to a potential breakout, while Rollblock’s GambleFi platform gains attention for its fairness-driven model and deflationary tokenomics. Investors are closely watching these projects, particularly GambleFi, as they show promise for significant growth.
Cardano (ADA) Rally Raises Bull Trap Concerns
Cardano (ADA) has been making waves in the crypto market, but recent price action is sparking concerns about a possible bull trap. The token remains below the $1 mark, a historically significant level, and has shown signs of weakness after dipping below key support at $0.85. However, some traders are hopeful that support around the $0.65 level could signal a potential rebound. The market is closely watching ADA's price movements to determine if the rally has legs or if it's just a short-term squeeze.
