Key facts: Input Output reveals Ouroboros Phalanx upgrade for Cardano; ADA indicates pivotal accumulation phase
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- Input Output announced the Ouroboros Phalanx upgrade for Cardano, which is designed to enhance network security against attacks and improve transaction speeds by up to 30%.1
- Cardano (ADA) is currently in a pivotal accumulation phase, marked by balanced buying and selling activity, suggesting a potential upcoming breakout.2