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Altcoins & DeFi

New ATH for Cardano as Single-Block TPS Hits Milestone

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Cardano has achieved a new record for its transaction throughput in a single block, another incredible milestone for the network's performance. According to Chainspect, Cardano broke its own single-block TPS record, reaching 436 TPS on October 7, up from a figure of 345 TPS recorded earlier that same day. "A record, then a bigger one, all in one day," Chainspect noted. The back-to-back milestones highlight the Cardano network's ability to handle significant bursts of transaction activity. Cardano's upcoming Ouroboros Leios protocol is expected to supercharge the network's scalability, targeting 1,000 transactions per second (TPS).

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