Cardano ADA Price Surges on Wallet Fix and Ouroboros Leios Progress
Cardano's ADA token has seen an uptick in price, trading at $0.219 as of today, with a market cap of $8.192 billion and a 24-hour volume of $579 million, according to Coingecko data.
This move comes on the back of three recent updates: a wallet upgrade, Midnight's NIGHT token growth, and progress on Ouroboros Leios.
The wallet update addresses a real problem for ADA stakers, allowing them to see their staked balances without needing to top up. This is thanks to SecondFi updating its migration tool to cover on-chain costs itself.
Midnight's NIGHT token has seen significant growth, adding over 35,000 new holders in six months and crossing the 86,000 unique holder mark.
Ouroboros Leios, Cardano's speed upgrade, is nearing a big test, with 96% completion on its 1,000 transactions per second goal.