Tia Coin's market capitalization is currently around $10 million, a relatively small cap compared to other cryptocurrencies.
Celestia is a decentralized data availability layer that enables the creation of scalable, decentralized applications. It's built on a modular architecture that allows for the development of custom data availability protocols.
Tia Coin is closely tied to Celestia, with the two projects being developed in tandem. This integration allows for more efficient and secure data transfer between the two systems.
Celestia's modular design enables it to be used in a variety of applications, from decentralized finance to supply chain management.
What Is Celestia?
Celestia is a pioneering force in the blockchain space that's redefining how blockchains operate. It introduces a modular architecture that decouples execution from consensus, allowing for unprecedented scalability and efficiency.
This innovative approach serves as a data availability layer for rollups and layer 2 blockchains, enhancing their performance and scalability. It leverages data availability sampling to ensure that data is accessible without imposing execution or settlement constraints.
The network has garnered significant attention and support, raising $155 million in fundraising. This financial backing underscores the confidence in Celestia's potential to revolutionize blockchain technology.
Celestia's modular design allows for easy deployment of new blockchains, enabling developers to experiment and innovate without the overhead typically associated with blockchain development. These new blockchains can inherit security from Celestia’s validator set, ensuring robust protection while maintaining decentralization.
The native token, TIA, plays a crucial role in the ecosystem, facilitating various functions within the network.
Celestia Overview and Applications
Celestia is a modular blockchain network that has gained significant attention for its innovative approach to scalability and efficiency. It allows developers to deploy their own blockchains with minimal overhead, making it a game-changer for sectors like decentralized finance (DeFi), gaming, and portfolio management.
One of the primary real-world applications of Celestia is its ability to provide infrastructure for developers to build and maintain their own blockchains. This is particularly beneficial for sectors like DeFi, gaming, and portfolio management, where scalability and customizability are crucial.
Celestia's modular design has attracted a bustling ecosystem on its mainnet, drawing interest from new entrants and established projects alike. For instance, artists have utilized Celestia to build immersive experiences for mass audiences, showcasing its potential beyond traditional financial applications.
Here's a quick snapshot of Celestia's current market performance:
- Current price: $4.89 USD
- Price forecast: expected to increase by 9% and reach $5.33 by January 14, 2025
- Market sentiment: Bearish Bullish 20%
- Fear & Greed Index: 62 (Greed)
- Price volatility: 13.83%
Real-World Applications of Celestia
Celestia stands out as the first modular blockchain network, allowing developers to deploy their own blockchains with minimal overhead.
This innovative approach rethinks traditional blockchain architecture by separating the execution of transactions from the consensus mechanism, offering unparalleled scalability and efficiency.
Celestia provides infrastructure for developers to build and maintain their own blockchains, which is particularly beneficial for sectors like decentralized finance (DeFi), gaming, and portfolio management.
Decoupling execution from consensus allows developers to create highly specialized blockchains tailored to their specific needs without compromising on security or decentralization.
Celestia's modular design facilitates high-throughput and unstoppable applications with full-stack customizability, attracting a bustling ecosystem on its mainnet.
Artists have utilized Celestia to build immersive experiences for mass audiences, showcasing its potential beyond traditional financial applications.
Celestia has been a focal point for high-performance Layer 2 solutions, attracting projects like Eclipse and Movement, which leverage its infrastructure to enhance their scalability and performance.
Developers have sovereignty over their applications, defining their own execution and settlement environments, making it easier to experiment and innovate.
Celestia's ability to raise $100 million in fundraising further underscores its potential and the confidence the community has in its vision.
Celestia Overview
As of now, the current price of Celestia is $4.89 USD, according to our real-time update.
This price is expected to increase by 9% and reach $5.33 by January 14, 2025, based on our most recent forecast.
The market sentiment on Celestia is currently Bearish Bullish 20%, indicating a mixed outlook.
The Fear & Greed Index is displaying a score of 62, which falls into the Greed category.
Over the last 30 days, Celestia has had a significant price movement, with 50% of days resulting in a green price, indicating an overall positive trend.
The price volatility over this period has been 13.83%, which is relatively high compared to other cryptocurrencies.
Celestia Price and Market
The Celestia price has been fluctuating, reaching a high of $4.89 USD as of our last update. This price is subject to change in real-time.
The current market capitalization of Celestia is a significant $2,228,902,240 USD, placing it at #50 on the CoinMarketCap ranking. This is a substantial amount, indicating the project's growing popularity.
According to our most recent forecast, Celestia's value is expected to increase by 9% and reach $5.33 by January 14, 2025. This prediction is based on our technical indicators and market analysis.
Here's a breakdown of the current market sentiment and indicators:
The price volatility of Celestia has been relatively high, with a 13.83% change over the last 30 days. This is a significant fluctuation, indicating the market's volatility.
In the last 24 hours, the price of Celestia has decreased by 10.35%, a notable drop. However, it's essential to keep in mind that market fluctuations can occur rapidly.
Trading and Exchanges
The TIA coin market is active on several exchanges, but some stand out as the most popular. Binance is one of the most active and dominating exchanges for buying and selling TIA.
If you're looking to trade TIA, you'll want to check out Binance, Kraken, and Kucoin - these are the top exchanges for TIA transactions.
These exchanges offer the most popular TIA trading pairs, making it easy to buy and sell TIA.
24-Hour Trading Volume
The live trading volume of a cryptocurrency can be a crucial factor in determining its market activity and volatility. In the case of Celestia, its 24-hour trading volume is a staggering $192,057,463 USD.
This is a significant amount of trading activity, and it's essential to keep an eye on it if you're considering investing in Celestia or any other cryptocurrency.
The trading volume of TIA, another cryptocurrency, is not as high, with a 24-hour trading volume of $0.
It's worth noting that a 24-hour trading volume of $0 is unusual and may indicate a lack of market activity or a specific issue with the cryptocurrency.
Here are some notable 24-hour trading volumes of popular cryptocurrencies:
Keep in mind that trading volumes can fluctuate rapidly, and it's essential to stay up-to-date with the latest market data to make informed investment decisions.
Best Exchanges for Buying and Selling
If you're looking to buy and sell TIA, you'll want to check out the most active and dominating exchanges: Binance, Kraken, and Kucoin.
These three exchanges are the go-to places for TIA trading, with Binance, Kraken, and Kucoin being the most popular options.
For the best deals on TIA, be sure to head to the Crypto Deal Directory, where you can access exclusive discounts, vouchers, and welcome bonuses from top exchanges.
Frequently Asked Questions
What is the fully diluted valuation of Celestia?
The fully diluted valuation of Celestia (TIA) is $5,178,569,091. This valuation represents the maximum potential market capitalization of Celestia.
What is the total supply of TIA?
The total supply of TIA is 1.1 billion tokens. This large supply is part of the foundation for the modular consensus and data availability layer being built by the Celestia project.
Sources
- https://coinmarketcap.com/currencies/celestia/
- https://www.bitdegree.org/cryptocurrency-prices/tia-price
- https://www.coinmetro.com/price/tia
- https://changelly.com/blog/celestia-tia-price-prediction/
- https://bitcoinist.com/celestia-tia-price-today-whales-drawn-down-on-43-62-holdings-and-enter-new-presale-sensation-token-goodegg-gegg/
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