币界网报道:Celestia's native token TIA experienced a sharp 10% price drop within 24 hours amid broader market volatility, according to recent trading data. The modular blockchain network's token fell from $17.50 to $15.70 during the sell-off, underperforming against major cryptocurrencies like Bitcoin and Ethereum which saw more modest declines. Market analysts attribute the steeper drop to profit-taking after TIA's impressive 250% rally since its October 2023 launch, combined with reduced risk appetite across crypto markets. Several large TIA transactions were spotted moving to exchanges prior to the price decline, suggesting some whales may have triggered the sell-off. Despite the pullback, Celestia's fundamentals remain strong with its modular data availability layer gaining traction among developers building scalable blockchain solutions. The network recently surpassed 100,000 active addresses and processed over 50 million transactions since mainnet launch. Some traders view the dip as a buying opportunity, noting Celestia's unique technological approach in solving blockchain scalability issues through data availability sampling. Market observers will be watching whether TIA can hold the $15 support level, with technical indicators showing the token may be entering oversold territory after the recent correction.