Institutions like Franklin Templeton now run Cardano nodes.
In latest Cardano news, Sebastian Nagel, the lead architect for the Leios project, confirmed the release of Leios CIP-164 in August.
The upgrade will roll out in stages, beginning with Leios Lite, which is expected to raise throughput by up to 55 times.
Notably, Cardano founder Charles Hoskinson has also reaffirmed its place in Cardano’s roadmap.
Sebastian Nagel, the lead developer for Cardano’s Leios project, confirmed his new role earlier this year.
He explained that the team at Input Output Engineering spent the summer examining different protocol models.
Their work produced the Leios CIP-164 proposal, which was published four weeks before his update.
Nagel said the project will not be released all at once. Instead, it will follow a phased approach.
The first stage, called Leios Lite, is designed to raise Cardano’s transaction throughput by between 30 and 55 times.
After this step, the full Leios system will be introduced in later stages. The staged release has been described as a way to test performance before wider use.
Essentially, by starting with Leios Lite, Cardano developers expect to learn how the system reacts under actual conditions.
This will give the team the chance to refine and strengthen the protocol before it is expanded. Likewise, the Leios upgrade forms part of Cardano’s long-term plan to deal with scalability.
For some time, the network has worked on improving how it processes more transactions without reducing security.
In further Cardano news, with the new upgrade in place, the focus has now moved to its gradual rollout.
In a separate tweet, Charles Hoskinson, the founder of Cardano and head of Input Output Global, spoke about how the Leios upgrade fits into the broader future of the blockchain.
He said that the path to the Omega phase contains many challenges, but it is expected to solve the issue of scalability for good.
Hoskinson also pointed to other parts of Cardano’s development. He mentioned that Midnight and partnerchains will provide support for interoperability.
Notably, Charles Hoskinson added that Cardano’s governance model will continue to improve over time.
In recent Cardano news, he stressed that Cardano chose to innovate rather than take shortcuts. Per the update, he described Cardano as the only blockchain that can truly be called third-generation.
His remarks underline the role of Leios as a key part of the network’s roadmap.
This shows how Leios is not an isolated upgrade but part of a wider set of changes. It connects directly with other projects underway on the Cardano network.
In another Cardano news, it is important to add that the project has also seen attention from large financial players.
Lucas Macchiavelli noted that Franklin Templeton, a global asset manager with $1.6 trillion under management, is running Cardano nodes.
This signals interest in understanding how the blockchain operates, beyond retail participation.
Cardano has also gained corporate recognition. Reliance Global Group recently announced its first purchase of ADA as part of its digital asset treasury plan.
Moves like this suggest that institutions and companies are starting to see value in adding Cardano to their strategies.
In the market, Cardano (ADA) price held the tenth spot among global cryptocurrencies. Cardano price was pegged at $0.7851 as of writing with a market capitalization of $28.11 billion.
Daily trading volume stood at $967.54 million, showing a 40.21% decline in 24 hours. Analysts have also commented on ADA’s chart pattern.
They observed that the current structure looks similar to past periods when the price broke out sharply.
Those earlier consolidations near resistance levels often led to strong rallies. Meanwhile, October and November 2025 have been marked as important months for market direction.
If ADA price manages to rise above resistance, it could reach $1.50. That price point is seen as the next major target for a bullish move later in the year.
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