Cardano’s Leios Update to Mirror XRP Ledger’s Performance
July 4, 2026
In a recent virtual interview with David Gokhshtein on The Breakdown podcast, Charles Hoskinson shared his belief in Cardano’s potential following the Ouroboros Leios upgrade. He revealed that Leios technology could increase Cardano’s transaction capacity by up to 60 times its current level, positioning it as competitive with industry-leading blockchain networks such as the XRP Ledger (XRPL).
The XRP Ledger has long been recognized for its fast settlement times and high transaction throughput, making it an attractive choice for payments and cross-border transfers. With transaction settlement times typically ranging from three to five seconds and supporting a throughput of up to 1,500 TPS, the XRPL has established itself as a formidable player in the blockchain space. Notably, in March 2026, the network exceeded 120 TPS while handling approximately 650 transactions during peak periods.
Hoskinson’s comments signify Cardano’s commitment to closing the speed and efficiency gap with other leading blockchain platforms by leveraging the Leios upgrade. By enhancing performance and scalability, Cardano aims to stand shoulder-to-shoulder with the best in the industry, shedding its previous image as being lacking in transaction speed.
Emphasizing Cardano’s core principles of decentralization and security, Hoskinson stressed that the network had managed to achieve significant throughput gains without compromising on these foundational values. In an industry where scalability, decentralization, and security have historically posed challenges (referred to as the blockchain trilemma), many networks have had to sacrifice one element to boost performance. However, Cardano’s aim is to showcase that trade-offs are not always necessary, demonstrating that it is possible to enhance speed while upholding the principles that have shaped the ecosystem from the beginning.
The Ouroboros Leios upgrade took a significant step forward with the launch of its public testnet, Musashi Dojo, on June 23, 2026. This marked the first instance of the protocol operating in a live network environment, setting the stage for its eventual deployment on the mainnet later this year. Should this deployment proceed as planned, it could mark a momentous scalability upgrade for the Cardano network, potentially transforming its capabilities significantly.
It is essential to note that content such as this should serve as informative material and not be considered financial advice. Readers are encouraged to conduct thorough research before making any investment decisions. The views expressed in this article are based on personal opinions and do not necessarily reflect The Crypto Basic’s stance. It is vital to exercise caution and diligence when considering any investments, as The Crypto Basic holds no responsibility for any financial losses that may occur.
