Cardano’s Price Soars as Investors Hope for 1-Dollar Mark

The Cardano token (ADA) has experienced a surge in price, reaching $0.74 USD by May 20th. This jump of over 3% reflects heightened optimism within the community, who hope to reach a significant milestone – exceeding the psychological barrier of $1 USD. Contributing to this upward trend is a mass withdrawal of ADA tokens from centralized platforms, totaling over one billion USD since January. Furthermore, audits conducted into allegations against founder Charles Hoskinson are underway, potentially bolstering trust in the project.