Cardano Network Upgrade Boosts ADA Price Stability Amid Market Recovery
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Market Recovery: As the broader altcoin market stabilizes, Cardano (ADA) shows signs of price stability with over 500 million ADA exchanged in the last 30 days, indicating increased ecosystem usage and bolstered investor confidence.
- Technical Advancement: The finalization of the Ouroboros Linear Leios CIP marks a significant technical leap for Cardano, enhancing throughput, scalability, and consensus efficiency, which not only improves network performance but also lays a foundation for long-term growth.
- Price Prediction: Analysts note that ADA's price is consolidating after years of downward pressure, with potential to rise back to the $1.00 to $1.20 range if market conditions remain supportive, establishing a critical support level for future gains.
- Emergence of Remittix: Meanwhile, the Remittix project has raised over $28.7 million and launched payment infrastructure targeting the $19 trillion global payments market, highlighting the growing appeal of utility-focused projects as the market recovers.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






