Cardano
Why Cardano is up 1.3% in the last hour
Analysis
Cardano (ADA) rose about 1.3% over the past hour, likely buoyed by positive sentiment around a reported protocol/performance milestone. U.Today highlighted that Cardano hit a new all-time high in single-block TPS, signaling improved throughput that can be viewed as a constructive network upgrade/performance development.
Contributing Factors (1)
New ATH for Cardano as Single-Block TPS Hits Milestone
The milestone comes as Cardano continues to work toward broader scaling improvements, with future upgrades expected to increase capacity.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.