Cardano has launched the Leios Lite upgrade, known as CIP-164, which aims to enhance the network's throughput by up to 55 times through a phased deployment. Chief architect Sebastian Nagel confirmed the release, while Charles Hoskinson emphasized its significance in Cardano's roadmap towards the Omega phase.
Institutional interest in Cardano is on the rise, with Franklin Templeton operating Cardano nodes and Reliance Global Group purchasing ADA bonds for the first time. Currently, ADA is trading at $0.7851, with analysts projecting a potential price target of $1.50 by the end of 2025, contingent on continued bullish sentiment.
Cardano's Leios Upgrade Aims to Boost Network Throughput by 55x
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