Celestia Price Prediction 2023-2030: Will TIA reach $10?
Celestia Price Prediction: Celestia has had a dream run since its launch in October. Celestia offers distinct advantages over current Layer 1 and Layer 2 Blockchains. Read in Detail about Celestia and the latest forecasts.
Latest Celestia Crypto Price
Celestia Price Performance so far
| Last 7 Days | +49.2% |
| Last 1 Month | +310.3% |
| Since Launch (Nov 2023) | +349.2% |
Latest Celestia $TIA News and Market Data
Celestia retreated further after another failed attempt at $10. Considering the Social Media Buzz trending lower, TRB is currently technically bearish.
- Total Number of Transactions: 739,494 (Up by 19.4k)
Manta Network has announced its integration with Celestia, marking a significant development in DeFi. This collaboration brings enhanced efficiency to Ethereum Layer 2 solutions through Celestia’s high throughput and lower fees, previously unique to alternative Layer 1s like Solana. The use of zkEVM technology by Manta Network promises faster transactions, reduced costs, heightened security, and improved data availability.
Celestia $TIA: Social Media Trends
Social Media Buzz: High (Trending Lower), #Celestia
Net Social Media Sentiment
- Last 7 days: +2.3%
- Yesterday: +2.6%
- Today: +22.3%
Celestia – Buy or Sell Poll (New)
Net Buy Rating = Buy% – Sell%
- Nov 4th: +41.7%
- Nov 29th: +45.5%
- Dec 4th: +48.0%
- Dec 6th: +46.5%
Celestia Price Prediction Today, Tomorrow and Week
- Celestia Price Prediction in the next 24 hours is between $8.58 and $9.74
- Celestia Price Prediction this week is between $7.70 and $11.2
| Overall Outlook | Partially Bullish |
| 1. Market's Wisdom | Bullish |
| 1a. Market Data | Partially Bullish |
| 1b. Technical Recommendation | Buy |
| 2. Crowd's Wisdom | Neutral |
| 2a. Social Media Buzz | Steady |
| 2b. Social Media Sentiment | Steady |
Celestia Price Prediction 2023-2030: Aggregated
While it is quite early to predict the short or long-term price of Tia Token, some publishers have ventured out with their forecasts. Here is the aggregate value
- Celestia Price Prediction 2023 is $10.5
- Celestia Price Prediction 2024 is $12.4
- Celestia Price Prediction 2025 is $14.6
- Celestia Price Prediction 2026 is $16.7
- Celestia Price Prediction 2027 is $16.8
- Celestia Price Prediction 2028 is $18.7
- Celestia Price Prediction 2029 is $23.3
- Celestia Price Prediction 2030 is $30.0
Check out another launch – Pyth Network Crypto
Can Celestia Tia reach $10 in 2023?
Yes, Tia can reach $10 in 2023.
- At $10, Celestia would have a market cap of $1.2B. Aptos is at $1.96B today. Pepe’s peak market cap was $1.4B and Pepe’s utility is almost none [Though it has a social purpose]
- $10 is just 1.5x the current price, a multiple achieved by multiple cryptocurrencies in 1-2 months
- The Macro Environment is currently favorable with Trading volumes surging and Altcoins beginning to recover.
There are clear risks though. The category is quite saturated. As a consequence, the ecosystem has expanded by just 11 in 5 months and the active accounts are trending lower. So while liquidity and sentiment could help Celestia easily breach $10, the fundamentals do not. As things stand today, liquidity will win but it could change if the Macro wins.
Celestia Price Prediction 2023-2030: What is Celestia?
Celestia is a modular blockchain system that focuses on data availability. It allows scalability, flexibility, and interoperability, making it easier for developers to create blockchain applications for a wider audience.
Celestia focuses on scaling blockchain by decoupling execution from data availability and ensuring the latter through techniques like erasure coding and Data Availability Sampling (DAS). It uses Reed-Solomon codes for data resilience and Namespaced Merkle Trees (NMTs) for specific data retrieval by rollups. This approach results in lower rollup data fees, particularly compared to Ethereum-based solutions.
Blobstream technology in Celestia allows Ethereum-based rollups to leverage it for data availability, significantly reducing gas fees. It comprises two main components: the orchestrator and the relayer, which manage attestations for data availability. Blobstream X further reduces costs by introducing a ZK-Tendermint light client for simplified verification.
Building on Celestia is fast. Developers can deploy their own blockchains quickly and use any virtual machine. The platform also offers dynamic throughput, allowing for growth in user numbers. Modular blockchains in Celestia work in a collaborative manner rather than competing like monolithic layer 1 blockchains. Layer 0, or social consensus, is deemed the most important layer.
Celestia was deployed to Mainnet Beta, marking the start of a modular data availability network. This is aimed at promoting verifiability, blockchain collaboration, and abundant blockspace for developers, thus starting a new era termed the modular era
Looking ahead, Celestia has outlined milestones such as introducing 1GB blocks for better data availability, enabling 1 billion light nodes for security, and facilitating 1 million rollups to ease blockchain deployment. These efforts emphasize community participation in realizing these goals
The Celestia ecosystem offers a wide array of apps and services built to support various functionalities. These range from gaming and DeFi to cross-chain interoperability and infrastructure.
Categories:
- Rollups as a Service: Altlayer, Caldera, Eclipse, Snapchain, Vistara
- Shared Sequencer Network: Astria, Fairblock, Radius
- Settlement Layer: Berachain, Dymension, Layer N, Neutron, Saga
- Rollup Framework: Cosmos SDK, OP Stack, Rollkit, Sovereign, Stackr
- Virtual Machine: Cartesi, CosmWasm, Polaris
- Cross Chain: Axelar, Hyperlane, Orb, Polymer, Skip, Squid
- Wallet: Cosmostation, Keplr, Leap wallet
- DeFi: Catalyst, Crescent, Duality, Osmosis, Shogun
- Gaming: Aether Games, Argus, Bullieverse, Curio, Worlds
- Infrastructure: Blockless, Cosmology, Dora, Manta Network, Modular cloud, Noble, Numia, PK Lab, Range, Risc Zero
In the last 6 months, the Celestia Ecosystem has expanded by 11 apps/partners with Infra partners forming 50% of the increase.
| Category | June 5th | Nov 15th | Difference |
|---|---|---|---|
| Gaming | 4 | 5 | 1 |
| Rollups as a Service | 3 | 5 | 2 |
| Shared Sequencer Network | 3 | 3 | 0 |
| Cross Chain | 6 | 6 | 0 |
| Settlement Layer | 5 | 5 | 0 |
| Infrastructure | 5 | 10 | 5 |
| Virtual Machine | 2 | 3 | 1 |
| DeFi | 4 | 5 | 1 |
| Rollup Framework | 4 | 5 | 1 |
| Wallet | 3 | 3 | 0 |
| Total | 39 | 50 | 11 |
Manta Pacific is a Layer 2 ecosystem developed for EVM-native zero-knowledge applications and decentralized apps. It uses Manta’s Universal Circuits for ZK-as-a-Service, enabling developers to integrate ZK features into dApps. An important aspect of its development is the integration with Celestia’s Data Availability, aimed at reducing gas fees and improving scalability. This integration is a key step in Manta Pacific’s roadmap, positioning it as a platform for web3 applications, supported by institutional investment and backing.
Celestia Price Prediction 2023-2030: Tia Token
TIA is the native token of the Celestia blockchain. It serves multiple functions: it is used to pay for data storage in Celestia’s blobspace, as a gas token for rollups, and to stake in the network for consensus and security. Users can manage their TIA tokens through various non-custodial wallets, including Keplr Wallet, Cosmostation, Leap, and Ledger.
Celestia has launched its mainnet beta and distributed its native TIA token to 580,000 users. The Celestia airdrop is estimated to distribute $120 million in value, targeting users in the Cosmos and Ethereum layer 2 ecosystems
Celestia(TIA) Allocations
- Public Allocation 20% 200,000,000 TIA
- R&D & Ecosystem 26.8% 268,000,000 TIA
- Early Backers: Series A&B 19.7% 197,000,000 TIA
- Early Backers: Seed 15.9% 159,000,000 TIA
- Initial Core Contributors 17.6% 176,000,000 TIA
Celestia TIA can be purchased on Binance, Binance Turkey, Bitget, BitMart, OKX, Paribu, Coingate and numerous other exchanges.
Review of Celestia Launch by Josh Lee of Osmosis Labs
Josh Lee provided a comprehensive review of the Celestia launch, emphasizing both its strong and weak points. Among the successes was the smooth mainnet launch, which indicated thorough testing and preparation by the Celestia team. The airdrop distribution was another strong point; it was carefully planned to reach a diverse and strategic set of stakeholders. The node endpoint infrastructure managed to scale impressively during the launch, handling traffic that was over 10 times the usual volume. Additionally, Skip Protocol’s swap API integrated seamlessly with Celestia and Osmosis, proving its efficacy.
However, there were also several areas that did not perform as well. One of the main issues was Keplr’s multichain user interface, specifically the ‘manage chain visibility’ feature, which users found confusing. Error messaging in Keplr was also identified as an area requiring improvement, as it did not provide adequate guidance for users to understand or fix issues. Another significant issue was the fee and mempool logic in the Cosmos ecosystem. Transactions were not effectively prioritized, leading to bottlenecks and delays, particularly during high traffic times.
Lee highlighted that these issues are not specific to Celestia but are systemic within the Cosmos ecosystem.
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in Cryptocurrencies or Stocks. Please consult a registered investment advisor to guide you on your financial decisions.