Cardano (ADA) is preparing for a significant upgrade with Leios, aimed at enhancing transaction speeds and network scalability. This upgrade is expected to have an impact on ADA's price dynamics.
Leios: Cardano’s Response to Solana’s Speed
The Leios upgrade, set for 2026, aims to improve Cardano's performance, which currently processes only 250 transactions per second, compared to Solana's theoretical maximum of 65,000 TPS. Developers are confident that Leios will help close this gap, enabling mass adoption without compromising security or decentralization. A publication from Input Output states: "Leios is a transformative upgrade that paves the way for mass adoption, advanced DeFi, and global DApp infrastructure."
ADA Price Prediction: Breakout or Breather?
After a 58% rally over 20 days, ADA has recently pulled back after breaking the $0.83 resistance level. While short-term momentum has cooled, technical indicators suggest that a bullish continuation is likely. Analysts predict that after finding support near the 200-day EMA, ADA could retest the psychological level of $1.
Future of Cardano After Leios Upgrade
Despite Cardano's current modest DeFi landscape, with only $360 million in total value locked compared to Solana's $9.7 billion, developers and investors alike are hopeful that the Leios upgrade will significantly shift this dynamic.
The Leios upgrade has the potential to transform Cardano, and its success could significantly impact the future of ADA and the broader cryptocurrency market.