The current price of Celestia is $5.1030. Since 00:00 UTC, Celestia has increased by +3.34%. It currently has a circulating supply of 461,174,403 TIA and a maximum supply of 1,091,078,137 TIA, giving it a fully diluted market cap of $2.35B. At present, the Celestia coin holds the 46 position in market cap rankings. The Celestia/USD price is updated in real-time.
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Celestia is a modular blockchain network that enables developers to build scalable, secure, and interoperable decentralized applications (dApps). Celestia decouples the data availability layer from the execution layer, allowing each layer to be optimized for its specific purpose. This makes Celestia more scalable and efficient than traditional monolithic blockchains.
How does Celestia work?
Celestia works by separating the blockchain into two layers: the data availability layer and the execution layer. The data availability layer is responsible for storing and validating transaction data, while the execution layer is responsible for executing transactions and updating the state of the blockchain.
The data availability layer uses a sampling mechanism to ensure that all transaction data is available to all nodes on the network. This makes Celestia more secure than traditional blockchains, as it is more difficult for attackers to tamper with the transaction data.
The execution layer can be implemented using any type of virtual machine, which makes Celestia more flexible and adaptable than traditional blockchains. Developers can choose the virtual machine that best suits their needs, and they can even build their own custom virtual machines.
Celestia price and tokenomics
Celestia's native token is TIA. TIA is used to pay for transaction fees, secure the network, and participate in governance.
TIA has a total supply of 1 billion tokens. The tokens are allocated as follows:
26.8% - R&D and ecosystem
19.7% - Series A and B investors
17.6% - Initial core contributors
15.9% - Seed investors
12.6% - Future initiatives
7.4% - Genesis drop and incentivized testnet
TIA is currently trading at $2.38 (as of November 1, 2023). It has a market capitalization of $336.99 million.
About the founder
Celestia was founded in 2021 by Mustafa Al-Bassam and Ismail Mahmutovic. Al-Bassam is a former software engineer at Google, where he worked on the development of the WebAssembly virtual machine. Mahmutovic is a former software engineer at Facebook, where he worked on the development of the Novi digital wallet.
Celestia highlights
Scalability: Celestia is designed to be scalable to millions of transactions per second.
Security: Celestia uses a variety of security features to protect the network and its users, including proof-of-stake consensus, sharding, and fraud proofs.
Interoperability: Celestia is interoperable with other blockchains, which means that Celestia dApps and smart contracts can communicate and interact with dApps and smart contracts on other blockchains.
Flexibility: Celestia is a modular blockchain, which means that its different components can be upgraded or replaced without disrupting the entire network. This makes Celestia more flexible and adaptable than traditional monolithic blockchains.
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 6.4K new posts about Celestia, driven by 791 contributors, and total online engagement reached 3.1M social interactions. The sentiment score for Celestia currently stands at 60%. Compared to all cryptocurrencies, post volume for Celestia currently ranks at 845. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Celestia.
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Posts
6,392
Contributors
791
Interactions
3,149,558
Sentiment
60%
Volume rank
#845
X
Posts
6,062
Interactions
1,816,994
Sentiment
81%
TIA FAQ
How much is Celestia worth today?
Currently, one Celestia is worth $5.1030. For answers and insight into Celestia's price action, you're in the right place. Explore the latest Celestia charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Celestia, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Celestia have been created as well.
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