Celestia has gained significant attention in the crypto market. Among the top altcoin picks with the likes of JetBolt, Kaspa, Arbitrum, and Toncoin, Celestia's
TIA token has seen a dramatic rise of 25%, stirring disbelief among traders.
Fireblocks integrated with Celestia, empowering modular blockchain solutions further evidence of its growing influence. Yet, the TIA price outlook remains bleak despite recovery attempts, with the price nearing oversold region after a 12% decline. Interestingly, research indicates Celestia is on pace to surpass Ethereum in data storage.
Outpacing competitors, Celestia emerged with a surge of 16%. It launched its mainnet, accompanied by a launch of its product,
Blobstream, on Ethereum mainnet. The token gained market attention with further evident growth due to
Fireblocks integration and a
modular blockchain launch. However, it also hit a 7-month low as the price struggles to recover. Some analysts remain positive, predicting a 231% rally for Celestia's TIA token, while others speculate a drop to November values with a quick spike of 21% as a possible sign of reversal.
Driving optimism further,
XRP and Celestia holders moved to
Rollblock for an attractive revenue share model. Celebrating this rise, detractors point out the token plunging to its yearly lows. Those seeking a long-term hold view the
Lemongrass Upgrade as a significant point of interest. The upgrade and obtaining an
Ethereum network rival, Avail, were vital Celestia achievements. Despite facing drops and hitting yearly lows, staking surges suggest investors' confidence remains intact. Whether Celestia will defend the $5 support amid the Lemongrass Upgrade and hit $130 per token remains speculation.
Celestia News Analytics from Mon, 18 Dec 2023 08:00:00 GMT to Tue, 27 Aug 2024 16:16:13 GMT -
Rating -2
- Innovation 3
- Rumor 0
