Crypto
Cardano's ADA Token Sees 1.08% Surge Amid Leios Protocol Success
Cardano's ADA token is currently trading at $0.2147, up 1.08% in the past 24 hours and holding above the crucial support level of $0.2004.
This increase in price comes after the successful first test run of the Ouroboros Leios protocol, which reportedly boosted Cardano's throughput capacity by a staggering 500%.
The next four testing stages are scheduled to take place before the expected mainnet hard fork, with traders now keeping a close eye on the $0.23 resistance zone.
Data from TradingView shows ADA sitting above its $0.2004 support and below the upper Bollinger Band at $0.2344.