{"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 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>\nOptimism around TIA linked to Celestia mainnet beta launch<\/span><\/span><\/h2>\n