Celestia

Celestia (TIA) is a cryptocurrency launched in 2023 that operates on the Osmosis platform. It is a modular blockchain network focused on data availability, enabling other blockchains and rollups to securely publish and verify data without executing transactions. TIA is the native token used for fees and network operations, and it is part of the broader Cosmos ecosystem.

Celestia separates consensus from data availability, unlike monolithic chains. It uses data availability sampling to let nodes verify that data is available without downloading all of it. This design allows rollups to post transaction data on Celestia while executing transactions elsewhere, improving scalability and flexibility. TIA is used to pay for data space on the network.

TIA is the native token of Celestia, used for paying transaction fees and data availability fees on the network. It also functions as a staking token to secure the chain and participate in governance decisions. As an asset on Osmosis and within the Cosmos ecosystem, TIA can be transferred and utilized across integrated platforms.

Monolithic blockchains handle execution, consensus, and data availability together, limiting scalability. Celestia, in contrast, provides only data availability and consensus, leaving execution to separate layers like rollups. This modular approach allows developers to customize execution environments while relying on Celestia for secure data storage, making the network more flexible and scalable than traditional blockchains.

Celestia is currently priced at $0.3097, up 0.92% in the last 24 hours. It is ranked #101 by market capitalization. Over the past 7 days, TIA is down 7.77%.

Celestia has a market capitalization of $284.89M. The 24-hour trading volume is $14.12M, reflecting the total value of TIA traded across all exchanges in the last day.

There are currently 919.93M TIA in circulation. The total supply is 1.17B TIA.