Cardano
Why Cardano is up 1.3% in the last hour
Analysis
Cardano (ADA) rose about 1.3% over the last hour, likely reacting to reports that the network hit a new all-time high milestone in single-block transactions per second (TPS) following a protocol upgrade. The performance headline can boost near-term sentiment by signaling improved throughput and scalability progress.
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.