Price Action: ADA slid 3.8% in the last 24 h to $0.582, dropping from a high of $0.605 and finding support near $0.562.
Volume Surge: Trading volume spiked 38% above its 7-day average, highlighting fierce intraday activity and potential accumulation.
Leios on the Horizon: Input Output Global reaffirmed the Leios upgrade—a radical overhaul of Cardano’s consensus to turbo-charge throughput, chain sync, and resource efficiency—now expected on mainnet in 2026 instead of 2028.
Tech Highlights:
New “endorsements” mechanism to keep data secure under heavy load
Tiered fees and service prioritization to ease network congestion
Faster chain sync for quicker transaction confirmations
On-chain Signals: Long-term holders are withdrawing ADA from exchanges, a sign of conviction ahead of Leios.
Chart Watch:
Forming a support zone at $0.573–0.582; resistance around $0.582–0.588
Volume peaks at critical inflection points (12:39 & 12:48 UTC) hint at strong buyer interest
Descending channel pressure in last hour, but steady consolidation
🔗 Stay tuned as Cardano’s biggest upgrade in years approaches—will Leios ignite a fresh rally for $ADA?
