Cardano Price Climbs as Investors Seek a $1 Barrier

Cardano (ADA) experienced a significant price surge, reaching 0.74 USD on May 20th. This surge, representing a 3% daily increase, has ignited investor anticipation for surpassing the psychological $1 mark, spurred by billions of dollars in ADA coin withdrawals from exchanges so far this year. Recent announcements of an independent audit to address fraud allegations against project founder Charles Hoskinson have further boosted community trust. The outcome of this investigation could significantly impact the price trajectory of ADA.