Celestia's TIA Token Drops 12% Amid Bearish Sentiment
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币界网报道：Celestia's native token TIA dropped 12% amid bearish market sentiment, trading around $6.50 after reaching an all-time high of $7.50 earlier this week. The modular blockchain network, which recently launched its mainnet, saw its market cap fall below $1 billion as investors took profits following its strong rally. Analysts attribute the pullback to broader crypto market weakness and profit-taking after TIA's 300% surge since its October 2023 debut. Despite the dip, Celestia continues gaining traction as a key infrastructure provider in the modular blockchain space, with its data availability solutions being adopted by multiple Layer 2 networks.
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