【Crypto World】Cardano’s Ouroboros Linear Leios protocol upgrade is coming soon, expected to be implemented in January next year. The biggest highlight of this upgrade is the introduction of a dual-layer block structure design, with the key point being that network throughput is expected to increase by 30 to 60 times—provided that no compromises are made on security.
The timing of this event is quite clever. Look at Grayscale’s smart contract platform fund, which has increased its ADA holdings to 18.55%, indicating that institutional money is flowing into this space. Technological breakthroughs combined with capital injection are fueling market optimism.
However, whether the market can truly take off depends on the price. Analysts believe that ADA must break through the $1.00 to $1.20 range to truly start an upward cycle. Conversely, if the weekly close falls below $0.28, this wave of optimism will essentially be invalidated. A few points up or down can mean the difference between survival and demise.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Cardano's early-year upgrade is imminent. Can Ouroboros Linear Leios help ADA break through the resistance level?
【Crypto World】Cardano’s Ouroboros Linear Leios protocol upgrade is coming soon, expected to be implemented in January next year. The biggest highlight of this upgrade is the introduction of a dual-layer block structure design, with the key point being that network throughput is expected to increase by 30 to 60 times—provided that no compromises are made on security.
The timing of this event is quite clever. Look at Grayscale’s smart contract platform fund, which has increased its ADA holdings to 18.55%, indicating that institutional money is flowing into this space. Technological breakthroughs combined with capital injection are fueling market optimism.
However, whether the market can truly take off depends on the price. Analysts believe that ADA must break through the $1.00 to $1.20 range to truly start an upward cycle. Conversely, if the weekly close falls below $0.28, this wave of optimism will essentially be invalidated. A few points up or down can mean the difference between survival and demise.