Modular blockchain Celestia’s TIA token has reached an all-time excessive, crossing the $20 mark at present.
This milestone comes after the blockchain’s mainnet beta was efficiently launched on the finish of October final 12 months. Celestia’s journey to this achievement was marked by important person engagement, evidenced by the airdrop of TIA tokens to roughly 580,000 customers.
This widespread distribution has clearly indicated rising person adoption and curiosity within the blockchain platform. For the reason that token’s airdrop in October, TIA has seen a greater than 10 instances enhance in worth.
Bitget was the primary to checklist the TIA token, paving the way in which for its elevated accessibility and market penetration. Following Bitget’s lead, Binance, the world’s largest cryptocurrency change, added TIA to its itemizing in November, additional bolstering the token’s market presence.
The entire contract holdings of TIA throughout the whole community have reached a report excessive of $214 million. Binance accounts for $85 million of this quantity, demonstrating the robust market belief and funding within the token.
The spot market trading quantity for TIA has been equally spectacular. Within the final 24 hours alone, the full turnover exceeded $287 million. A considerable portion of this quantity, amounting to $166.4 million, was traded on Binance, underscoring the change’s pivotal function in TIA’s buying and selling actions.
TIA is the native token of the Celestia blockchain, which is a modular knowledge availability community. This blockchain is designed to scale securely with the variety of its customers, facilitating the launch of impartial blockchains with minimal overhead.