Celestia (TIA) has been in the center of various developments and market movements. A new entrant on the
Spotlight Stock Market, Celestia is part of the
eight ETPs launched by Valour alongside other crypto assets like
Shiba Inu (SHIB), Pi (PI), Ethena (ENA), etc. Meanwhile, in a comparative study between
EigenDA, Avail, NearDA, and
Celestia, no clear winner concerning cost and scale emerged.
Amidst various projections about its potential price in 2025 and beyond, TIA has experienced a market cycle psychological impact spiraling it to a 'Depression' phase. Its co-founder suggested scraping staking following a
93% drop in TIA tokens.
In efforts to mitigate volatility, Polychain has offloaded its remaining $62.5 million TIA stake to Celestia Foundation. Despite staking reward changes and challenging tokenomics,
Celestia reserves of $100M could potentially keep its operations afloat.
Though Celestia has witnessed significant downturns, signs of bullish reversal are remerging. After enduring a
45% drop resulting in an all-time low, a concise recovery has been observed with a subsequent
13% breakout. Various developers have shown interest, with Noble introducing an 'AppLayer' allowing the development of
stablecoin tools on Celestia.
Celestia's roadmap has had its ups and downs, progressing from a promising airdrop to entering a freefall due to tokenomics complications. Nevertheless, its ambition for modular blockchain innovation and potential for network expansion could drive TIA towards a strong comeback.
Celestia News Analytics from Mon, 13 Jan 2025 08:00:00 GMT to Wed, 27 Aug 2025 11:32:29 GMT -
Rating -7
- Innovation 6
- Information 7
- Rumor -8
