Various updates regarding Celestia and its token TIA are underway. The Astria Network, a project built on the Celestia ecosystem, decided to shut down following a $18 million fundraising effort. Celestia's crypto market is observed to be under a downturn, with the TIA token bleeding out and experiencing an overall decline. However, there are positive long-term price predictions despite current market challenges. Celestia announced 'Matcha', an upgrade preparing the network for a cross-chain future, fostering anticipation in the market. Celestia strengthened its leadership team for its next phase of growth, but the implementation of staking was questioned by some. There is an undercurrent of concern about Celestia's tokenomics following a dramatic price drop of TIA. Contrastingly, there are expectations of TIA reaching $10. Celestia's modular blockchain is reshaping crypto payroll for startups. Polychain sold their remaining TIA stake to Celestia Foundation. Celestia's roadmap caused speculation about the future of the token. The firm announced the anticipated Matcha upgrade, with 16-time increased throughput and lower inflation, offering a glimmer of optimism about its technological advancements. Amid declines and skepticism, Celestia aims to capitalize on its $100 million reserves and refute accusations of insider trading, expressing commitment to a long-term approach. Finally, the upcoming introduction of double-decker Eurostar Celestia trains reveals Celestia's reach beyond the crypto market.
Celestia News Analytics from Thu, 30 Jan 2025 08:00:00 GMT to Wed, 03 Dec 2025 16:46:10 GMT - Rating -3 - Innovation 5 - Information 7 - Rumor 2