Cardano faces a pivotal week with the annual member meeting scheduled for December 31. This event will address the 2025 budget and other strategic decisions, potentially influencing $ADA
direction for the upcoming year and sparking investor interest in the altcoin’s future.
The timing of the meeting, aligning with the new year, could provide the momentum ADA needs to reclaim $1.00 as support. Currently, Cardano is holding above the critical $0.85 support level, positioning itself for a possible recovery depending on market sentiment and outcomes from the meeting.
Celestia is one of the key altcoins to watch this week as it prepares for the Ginger upgrade. This critical update will double Celestia’s data availability throughput while reducing block times by 50%, from 12 seconds to just 6 seconds, marking a significant milestone in its network development.
The Ginger upgrade is expected to influence TIA’s price, particularly after the altcoin fell by 44% during the early December crash. Currently trading at $4.82, $TIA
performance hinges on whether the market perceives the upgrade as a catalyst for recovery or further volatility.