Cardano blockchain founder Charles Hoskinson has written about his ambition to launch an AI testnet as part of the Leois Research program. He hopes the testnet will take the protocol to its highest possible speeds.

Hoskinson noted that Cardano will populate the new testnet with thousands of AI agents to trade with each other. The move will be a way to stress test the speed, security, and scalability of the newly upgraded network before its full launch. It also gives Cardano-based DApps the ability to leverage high-speed AI trading.

Analysts believe the new initiative could boost adoption of the network and increase demand for its native cryptocurrency, ADA . Given the closeness of Cardano's CEO to the US government, some analysts predict new uses for the blockchain.

Users expect that Cardano's improved performance will attract more users to the network, automatically creating opportunities for the ADA token to grow.

According to CoinGecko, ADA is still in the top 10 cryptocurrencies by market cap and is trading around $0.66861 after a 46% jump in April. For now, the most likely scenario is future sideways trading.