Celestia, a modular data availability network, continues to make headlines in the cryptocurrency space. Recently with the
Lotus Upgrade, which aims to redefine the module’s architecture to optimize operations. However, its native token,
TIA, experienced a dramatic 93% bleed out, sparking controversial talks about scrapping staking. As the token declined, the co-founder citied a massive
$100M war chest to assist in weathering the storm despite growing cries of insider trading and FUD accusations. Simultaneously,
Polychain sold its remaining $62.5 million stake in TIA to Celestia Foundation, promising changes to staking rewards. Celestia’s latest efforts in the
Matcha Upgrade saw an increase in throughput and halved inflation, potentially transforming its modular blockchain landscape. Despite its
tokenomic crisis, price predictions remain bullish as it charts for a reversal. Celestia's technological development seems to recognize the challenges Ethereum rollups face with data, eyeing potential improvements with Fusaka Upgrade. A central part of Celestia's innovative activities includes its
Astria Network, which unfortunately buckled recently. Focusing on the gastronomic front, the
Eurostar Celestia and a privately chartered Phinisi dive into Indonesia's rich culinary heritage. Finally, Celestia is also powering the culinary scene in Atlanta with the opening of a new Midtown tower.
Although Celestia has experienced drawbacks within its cryptocurrency sphere, bullish sentiments are echoed due to positive expected outcomes from ongoing and upcoming developments. However, the ecosystem's current environment shows a mix of concern and anticipation, which could sway investor decisions in either direction.
Celestia News Analytics from Sat, 01 Mar 2025 08:00:00 GMT to Sat, 10 Jan 2026 02:33:49 GMT -
Rating 2
- Innovation 5
- Information 7
- Rumor 2
