New ATH for Cardano as Single-Block TPS Hits Milestone

Record-Breaking Performance

Cardano has achieved a new record for its transaction throughput in a single block, reaching 436 TPS, up from 345 TPS earlier that day. This milestone highlights the network's ability to handle significant bursts of transaction activity.

Upcoming Scalability Boost

The upcoming Ouroboros Leios protocol is expected to supercharge the network's scalability, targeting 1,000 transactions per second (TPS). This significant increase in transaction capacity is expected to further solidify Cardano's position as a leading blockchain platform.

Recent Developments

Cardano's recent developments have been driven by a string of announcements, including the launch of RealFi on the mainnet and the support of Fireblocks. These developments have helped to drive Cardano's biggest discussion spike of the year.

ICANN gTLD Application

The Cardano Foundation's .ada application is advancing to the next phase of the Internet Corporation for Assigned Names and Numbers (ICANN) New Generic Top-Level Domain (gTLD) Program. If approved, the .ada gTLD will unlock several opportunities for the Cardano ecosystem, including ensuring a competitive digital presence for Cardano and enabling innovations for the ecosystem.

Open Wallet Standard Support

Cardano is now supported in the Open Wallet Standard (OWS), starting with the v1.4.3 release. This support is expected to further enhance the user experience and improve the security of Cardano's blockchain.