Celestia, a compelling force in the cryptocurrency space, has been making significant strides in various aspects such as blockchain technology, tokenomics, and scalability. The entity's innovative techniques are poised to redefine existing conceptualizations of crypto payouts for startups, as evidenced by their modular blockchain approach. New appointments bolster the management team, aimed at directing Celestia's next growth phase. Celestia has also caught the attention of Bitwise, who included the token in their exchange-traded product. Amid these positive developments, Celestia's co-founder plans to eliminate staking, a surprising move in light of a 93% decrease in their TIA token value. The Celestia Foundation recently purchased Polychain's TIA stake worth $62.5 Million, ahead of significant modifications to staking rewards. Despite these strides, Celestia's tokenomics received critiques following a steep decline in TIA price. However, the co-founder reassures investors, citing a robust $100 million funding reserve and a six-year trajectory to leverage the downturn. Celestia has launched innovative products such as the Ultra Band plug-and-play GaN Ku SSPA 12.75-14.8GHz. VeganEck's expansion into cryptocurrency includes exchange-traded note tracking Celestia's TIA. Unfortunately, Celestia's TIA token recently suffered a 95% fall, leading the founder to deny any market fear, uncertainty, and doubt (FUD). The introduction of Eurostar Celestia, a fleet of double-decker trains, has further expanded Celestia's reach beyond the crypto space. Despite current market fluctuations and criticism, various analysts view Celestia as a potential game-changer in blockchain scaling.
Celestia News Analytics from Mon, 13 Jan 2025 08:00:00 GMT to Wed, 19 Nov 2025 14:07:00 GMT -
Rating -2
- Innovation 8
- Information 6
- Rumor -4
