Ada de Cardano
Token was under pressure on Saturday, falling to $ 0.5818 and extending its weekly losses despite a renewed concentration on the upgrading of the Leios network. ADA decreased by 3.77% in the last 24 hours, with a volume to 38.39% above the average of 7 days, according to the Technical Analysis model of Coindesk Research.
Thirsday, Output Global (IOG), the research branch behind Cardano, has reiterated its vision of the next grant upgrade via a wire on X. The team explained that Leios is designed to optimize the treatment of transactions and the use of resources, especially during the activity of peak blocks. The design introduces new mechanisms such as endorsements to maintain the security and availability of data while increasing overall flow.
Leios was presented for the first time in November 2022 as a new family variant of the Cardano Ouroboros consensus protocol. At the time, Iog stressed that existing conceptions such as Praos and Genesis were confronted with fundamental scalability limits – not because of the bandwidth or the processor, but due to algorithmic dependencies that forced the flow. Leios seeks to approach these limits with a major architectural overhaul, in particular faster chain synchronization, transaction costs on several levels and greater hierarchy of service.
The upgrade is not only an adjustment of the existing system, but a substantial overhaul. Although the implementation will require considerable changes, its advantages could be transformers. The co-founder and CEO of IOG, Charles Hoskinson, said on May 10 that he expects him to expect Leios to be put online on the Cardano Mainnet in 2026, a calendar that would have been accelerated from an initial projection of 2028.
Meanwhile, long -term holders continue to withdraw the ADA from centralized exchanges, signaling a conviction in the future of the assets.
Strengths of technical analysis
- ADA exchanged in a range of 7.15% 24 hours a day, lowering $ 0.605 to a minimum of $ 0.562 before partial recovery.
- The 5:00 p.m. saw a high volume support area formed around $ 0.562 to $ 0.576, with a volume culminating at 175 m.
- Price stabilized between $ 0.582 and $ 0.588 Resistance and $ 0.573 and $ 0.582 support, signaling consolidation.
- The decrease in volume models suggests a potential accumulation phase.
- During the last hour, ADA increased from $ 0.585 to $ 0.582 in a downhill channel.
- A net sale at 12:48 p.m. violated the support of $ 0.583; Award later consolidated nearly $ 0.582.
- The volume peaks at 12:39 and 12:48 (more than a million units each) marked the main inflection points during the session.
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