DeFi· ★★★· bullish·

Cardano rises 8.14% to $0.219 amid Leios tests at 1,000 TPS

  • ADA trades at $0.2191, up 8.14% in 24 hours
  • Ouroboros Leios tests reached about 1,000 TPS versus ~10 TPS on mainnet
  • ADA open interest is around $430 million versus an August peak of ~$580 million
  • Cardano TVL is around $57 million
Why it matters: Leios's success could remove the network's key throughput constraint, but so far it is only a test result, not a working mainnet.
Source: TronWeekly