Cardano V11 Upgrade Goes Live, ADA Price Prediction Targets $0.25

Cardano's Protocol V11 upgrade has gone live on mainnet, marking a significant milestone for the network. This upgrade is the result of Cardano's on-chain governance process and makes smart contracts cheaper to run, improves the developer experience, and lays the groundwork for Ouroboros Leios, a scalability upgrade that aims to lift throughput many times over.

The price prediction for ADA has warmed up, with some targets suggesting it could reach $0.25 as the network recovers from its recent lows. This move would be a climb of more than half from current levels and mark a structural shift in the market's perception of Cardano.

Meanwhile, AlphaPepe, a presale project, has crossed $2.1 million raised in its Stage 19, priced at $0.02224. Unlike Cardano, AlphaPepe does not wait for market conditions to improve before re-rating itself, with each stage bringing a price increase.

Cardano's V11 upgrade is seen as a significant improvement, but its impact on the token price may take time to materialize. The network's scalability leap, Ouroboros Leios, is still months away from mainnet, and the market has historically been slow to reward technology upgrades with higher prices.