TIA (Celestia) rose 4.19% in the last 24 hours.

Gate News Bot news, on September 10th, according to CoinMarketCap, as of the time of publication, TIA (Celestia) is currently priced at $1.79, with a rise of 4.19% within 24 hours, reaching a high of $1.94 and a low of $1.54. The 24-hour volume has reached $240 million. The current market capitalization is approximately $1.387 billion, an increase of $55.57 million compared to yesterday.

Celestia is a modular blockchain network designed to provide full-stack control for unstoppable applications. It enables developers to build applications that can run anywhere in the world, free from interference by intermediaries, and can be verified from any device. Celestia's roadmap aims to scale data throughput to over 1GB per second, thereby addressing the ultimate scalability bottleneck in cryptocurrency.

Recent important news about TIA:

1️⃣ Polychain liquidates $62.5 million TIA tokens Polychain Capital sold all of its remaining $62.5 million TIA tokens to the Celestia Foundation. This decision was made after Polychain faced criticism for selling staking rewards. This move may impact the circulation of TIA and the market supply and demand.

2️⃣ TIA spot demand drives price pump Recently, the spot demand for TIA has increased, driving the price rise. This indicates that the market's interest in the Celestia project is growing, possibly related to its technological advancements or ecosystem development.

3️⃣ Exchange outflow volume rise The outflow volume from the exchange of Celestia shows an upward trend. This is usually seen as a bullish signal, as it indicates that investors may be moving TIA from the exchange to private wallets for long-term holding.

From a technical perspective, the TIA price is currently in a three-month downtrend, but recent signs of stabilization may indicate a consolidation pattern is forming. On the fundamental side, Celestia continues to focus on its scalability goals, which could be a key factor supporting its long-term value.

This message is not intended as investment advice, and investors should be aware of market volatility risks.