{"id":159734,"date":"2024-01-05T12:04:11","date_gmt":"2024-01-05T12:04:11","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=159734"},"modified":"2024-01-05T13:49:18","modified_gmt":"2024-01-05T13:49:18","slug":"celestia-tia-up-20-in-the-last-24-hours","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/celestia-tia-up-20-in-the-last-24-hours\/","title":{"rendered":"Celestia (TIA) Up 20% in the last 24 hours. What happened?"},"content":{"rendered":"

Celestia has emerged as a notable phenomenon in the <\/span><\/span><\/strong>cryptocurrency<\/span><\/span> world <\/span>since its launch on October 31, 2023.<\/span><\/span><\/p>\n

<\/p>\n

Its native token, <\/span><\/span>TIA<\/span><\/span><\/strong>, <\/span><\/span>has seen astonishing growth,<\/span><\/span><\/strong> climbing <\/span><\/span>over 650%<\/span><\/span><\/strong> from its initial value <\/span><\/span>of $2.03 to reach $16.28 today,<\/span><\/span><\/strong> according to official data from <\/span><\/span>CoinMarketCap<\/span><\/span><\/a>.<\/span><\/span><\/p>\n

TIA’s impressive price rise <\/span><\/span>has been in line with Celestia’s growing on-chain activity.<\/span><\/span><\/strong><\/p>\n

Since its launch, <\/span><\/span>the network has facilitated more than 6.6 million transactions<\/span><\/span><\/strong>, surpassing competitors like <\/span><\/span>Cosmos<\/span><\/span><\/strong><\/a> in terms of transactional activity.<\/span><\/span><\/p>\n

Despite recent fluctuations in social volume and development activity, <\/span><\/span>data indicates a rebound at the start of 2024,<\/span><\/span><\/strong> signaling continued interest in this blockchain.<\/span><\/span><\/p>\n

Optimism around TIA linked to Celestia mainnet beta launch<\/span><\/span><\/h2>\n

This launch is expected to usher in <\/span><\/span>a new era in <\/span>modular <\/span><\/span>blockchains<\/span><\/span><\/a><\/strong>.<\/span><\/span><\/p>\n

Its innovative approach to <\/span><\/span>“data availability”<\/span><\/span><\/strong> provides <\/span><\/span>a scalable solution for blockchains by <\/span><\/span><\/strong> separating the application and consensus layers<\/span><\/span><\/strong>, allowing independent transactions and data validation.<\/span><\/span><\/p>\n

The TIA token has gained traction thanks to the growing demand generated by its <\/span><\/span>attractive staking incentives in the Cosmos and Osmosis ecosystem.<\/span><\/span><\/strong><\/p>\n

Additionally, the prospect of <\/span><\/span>future token airdrops by projects associated with Celestia<\/span><\/span><\/strong> has boosted demand for the token, mirroring similar scenarios on Solana with Jito and Marinade DeFi<\/a> in December 2023.<\/span><\/span><\/p>\n

Despite <\/span><\/span>a recent decline in its price,<\/span><\/span><\/strong> possibly influenced by <\/span><\/span>overall bearish market sentiment and profit-taking<\/span><\/span><\/strong>, technical analysis suggests <\/span><\/span>possible support in the $11.18 to $12.91 range,<\/span><\/span><\/strong> an area that has served as a rebound platform for TIA on previous occasions.<\/span><\/span><\/p>\n

\"Celestia<\/p>\n

In the <\/span><\/span>last 24 hours<\/span><\/span><\/strong>, Celestia (TIA) has seen <\/span><\/span>an increase of 12%,<\/span><\/span><\/strong> reaching a value of <\/span><\/span>$16.2 per token.<\/span><\/span><\/strong><\/p>\n

This growth adds to a positive trend <\/span><\/span>over the last seven days<\/span><\/span><\/strong>, with an impressive <\/span><\/span>increase of 30%.<\/span><\/span><\/strong><\/p>\n

Currently, <\/span><\/span>Celestia’s market capitalization stands at around a total value of $2.5 billion,<\/span><\/span><\/strong> consolidating its position at <\/span><\/span>number 36<\/span><\/span><\/strong> in the ranking.<\/span><\/span><\/p>\n

TIA’s market capitalization <\/span><\/span>has grown exponentially<\/span><\/span><\/strong>, going from virtually non-existent to <\/span><\/span>$2.5 billion today.<\/span><\/span><\/strong><\/p>\n

Although the token <\/span><\/span>faces some volatility,<\/span><\/span><\/strong> its unique focus on data scalability and validation <\/span><\/span>has sparked interest from investors and traders.<\/span><\/span><\/strong><\/p>\n

Celestia and its TIA token <\/span><\/span>have burst onto the market with impressive growth,<\/span><\/span><\/strong> backed by its innovative approach and increasing activity on its network.<\/span><\/span><\/p>\n

Although its price has experienced some recent correction, <\/span><\/span>the potential of this project<\/span><\/span><\/strong> in the world of cryptocurrencies is a cause for attention for investors <\/span><\/span>looking for long-term investment opportunities.<\/span><\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Celestia has emerged as a notable phenomenon in the cryptocurrency world since its launch on October 31, 2023.<\/p>\n","protected":false},"author":33,"featured_media":159739,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70,74],"tags":[4620,5001],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/159734"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=159734"}],"version-history":[{"count":6,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/159734\/revisions"}],"predecessor-version":[{"id":159760,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/159734\/revisions\/159760"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/159739"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=159734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=159734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=159734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}