Celestia, a decentralized blockchain platform, has been making waves in the cryptosphere. The company made its debut at CABSAT with GaN SSPAs and BUCs, and has been listed among the top cryptos to buy before June, following a significant surge in its value. Its TIA token has been fluctuating in price, slipping below key support levels and then staging minor comebacks. It was listed on Upbit and showed potential for very high returns. A new 'AppLayer’ has been introduced by Noble’s which will allow developers to build stablecoin tools on
Celestia. The company also launched its high-speed mamo-1 testnet with 128MB blocks. However,
Celestia faces challenges such as huge token unlocks which could generate price volatility. Despite this,
Celestia has some positive news such as a successful fundraising round of $100M led by Bain Capital Crypto, a possible partnership with Uzma for ground segment technologies, and its blockchain data-availability project raising another $100M.
Celestia has also been showing competitive growth, reporting strong performance in 2024 and surpassing Ethereum in data storage, according to research.
Celestia News Analytics from Tue, 11 Jun 2024 07:00:00 GMT to Wed, 21 May 2025 16:45:19 GMT -
Rating 7
- Innovation 8
- Information 7
- Rumor -3
