Cardano's recently launched Ouroboros Linear Leios protocol upgrade will be completed by January 2025. This upgrade introduces a dual-layer block structure that can increase network throughput by 30-60 times without compromising security. This technological advancement coincides with growing institutional investor interest, as Grayscale's smart contract platform fund has increased its ADA holdings to 18.55%, confirming this trend. Analysts point out that for ADA to initiate a sustained upward trend, it must decisively break through the resistance levels of $1.00 to $1.20; meanwhile, if the weekly closing price falls below $0.28, the current optimistic trend will lose its significance.
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Cardano's recently launched Ouroboros Linear Leios protocol upgrade will be completed by January 2025. This upgrade introduces a dual-layer block structure that can increase network throughput by 30-60 times without compromising security. This technological advancement coincides with growing institutional investor interest, as Grayscale's smart contract platform fund has increased its ADA holdings to 18.55%, confirming this trend. Analysts point out that for ADA to initiate a sustained upward trend, it must decisively break through the resistance levels of $1.00 to $1.20; meanwhile, if the weekly closing price falls below $0.28, the current optimistic trend will lose its significance.