Celestia’s native token, TIA, which stands out as the first modular blockchain, continues its rise despite network activity coming to a halt.
Binance And OKX Launched with the support of leading cryptocurrency exchanges such as hundreds of millions of dollars of investment A detail specific to TIA attracted attention. TIA in the last 1 week close to 170% rise But in response, activity on the network almost came to a halt.
According to data provided by on-chain analysis platform Mintscan Celestia The number of transactions and active addresses on the network has plummeted since the beginning of November. Daily average at the beginning of November 80 thousand transactions And 45 thousand active addresses hosted by Celestia, 15 November average as of 11 thousand transactions and about 5 thousand active addresses was able to reach.
While the network and token usage was experiencing such a loss, the unabated price increase did not escape the attention of experts. Experienced names in the market say that this rise in TIA The rise in the overall cryptocurrency market He said he was supported by.
Also recently on Binance It was pointed out that the listed projects stood out by experiencing serious increases, as in the TIA example.
According to CoinGecko data, in the last 24 hours 2% decrease living TIA, at the time of writing from $5.98 is being traded.