Cardano recently launched the Ouroboros Linear Leios protocol upgrade, which will be completed in January 2025. The upgrade introduces a dual-layer block structure that can increase network throughput 30-60 times without compromising security. This technological advancement comes as institutional investor interest is growing, as evidenced by Grayscale's smart contract platform fund increasing its ADA holdings to 18.55%. Analysts point out that for ADA to initiate a sustained uptrend, it must decisively break through the resistance level of 1.00 to 1.20 USD; however, if the weekly closing price falls below 0.28 USD, the current bullish trend will lose its significance.
Cardano recently launched the Ouroboros Linear Leios protocol upgrade, which will be completed in January 2025. The upgrade introduces a dual-layer block structure that can increase network throughput 30-60 times without compromising security. This technological advancement comes as institutional investor interest is growing, as evidenced by Grayscale's smart contract platform fund increasing its ADA holdings to 18.55%. Analysts point out that for ADA to initiate a sustained uptrend, it must decisively break through the resistance level of 1.00 to 1.20 USD; however, if the weekly closing price falls below 0.28 USD, the current bullish trend will lose its significance.