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Cardano Price Surges Amid DeFi Audit Fallout

Guavy AI Editorial Team
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Cardano's price has been on a roll lately, surging by 7.55% in just one day to reach $0.2451.

This upward momentum is largely due to increased trading activity and favorable technical metrics.

However, Cardano's decentralized finance (DeFi) capabilities have come under scrutiny after an audit revealed vulnerabilities in critical operational domains such as wallets, liquidity strategies, and cross-chain bridges.

The PRIME initiative's thorough audit gave Cardano a score of 51.3 out of 100, lagging behind Ethereum's impressive 96.3.

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