In a Nov. 13 put up on X, CoinGecko identifies Celestia (TIA) as a big mover with 135% development within the final seven days.
TIA now sits at $5.50,. On the time of publication, it was up 32% within the earlier 24 hours.
The expansion of TIA is alleged to coincide with the launch of Celestia’s mainnet beta on Oct. 31, marking the graduation of the modular blockchain period. In distinction to a monolithic blockchain, a modular blockchain like Celestia works by creating totally different channels for velocity and execution.
On the time of its airdrop debut, the token was launched at $2.30.
In a Nov. 1 report, this launch led to a surge in social discussions on CoinMarketCap, Twitter, Telegram, and Santiment.
Nevertheless, an evaluation launched two days later confirmed that Mintscan knowledge indicating present transactions per second (TPS) on Celestia was 0.19, which meant a scarcity of exercise on the blockchain.
It was then estimated that of the 600,000 eligible customers to assert airdrops, solely 190,000 did so, leaving almost $1 million of unclaimed worth on the desk.