Cardano Ada
Token was under pressure on Saturday, falling to $ 0.5818 and extending its weekly losses despite the renewed approach in the Leios of the Network. ADA decreased 3.77% in the last 24 hours, with a 38.39% increase volume above the average of 7 days, according to the technical analysis model of Coindesk Research.
On the day of the day, Output Global (IAG) entrance, the research arm behind Cardano, reiterated its vision for the next update of Leios through a thread in X. The team explained that Leios is designed to optimize transactions processing and the use of resources, especially during the peak block activity. The design introduces new mechanisms as endorsements to maintain the safety and availability of data while increasing general performance.
Leios was first introduced in November 2022 as a new family variant of the Cardano Ouroboros consensus protocol. At that time, IAG stressed that existing designs such as praos and Genesis faced fundamental scalability limits, not due to bandwidth or CPU, but to algorithmic dependencies that limited performance. Leios seeks to address these limits with an important architectural review, which includes faster chain synchronization, stepped transaction rates and higher service prioritization.
The update is not only an adjustment to the existing system, but a substantial redesign. While implementation will require considerable changes, its benefits could be transformers. The co -founder and CEO of IAG, Charles Hoskinson, said on May 10 that he expects Leios to live in Cardano Mainnet in 2026, a timeline that accelerated an initial projection of 2028.
Meanwhile, long -term holders continue to withdraw the ada from centralized exchanges, indicating the sentence in the future of the asset.
TECHNICAL ANALYSIS
- Ada quoted within a range of 7.15% 24 hours, decreasing from $ 0.605 to a minimum of $ 0.562 before partial recovery.
- 5:00 pm they saw a high volume support zone around $ 0.562– $ 0.576, with a volume range at 175 m.
- The price was stabilized between $ 0.582– $ 0.588 resistance and $ 0.573– $ 0.582 Support, consolidation signaling.
- The decrease in volume patterns suggests a potential accumulation phase.
- In the last hour, Ada fell from $ 0.585 to $ 0.582 inside a descending channel.
- An acute advantage at 12:48 violated the support of $ 0.583; The price later consolidated about $ 0.582.
- The volume blow at 12:39 and 12:48 (more than 1 million units each) marked key inflection points during the session.
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