币界网报道:Celestia co-founder Mustafa Al-Bassam defended the modular blockchain project amid its token TIA's 95% price drop from its all-time high. In a June 24 Twitter thread, Al-Bassam argued that Celestia's valuation should be based on adoption metrics rather than token price, noting the network now secures over $1 billion in assets across multiple chains. He highlighted that 10 rollups have launched using Celestia's data availability layer, with over 50 more in development. The co-founder acknowledged the broader crypto market downturn but emphasized Celestia's technological progress, including recent upgrades to improve throughput. Al-Bassam also pointed to growing developer activity, with Celestia's SDK downloads increasing 300% this quarter. While critics cite the token's poor performance, supporters argue Celestia's modular approach addresses blockchain scalability challenges better than monolithic chains. The project recently partnered with Polygon to integrate Celestia's data availability solution with Polygon CDK.