Celestia, a modular blockchain project, has experienced significant volatility since its TIA token airdrop to 580,000 users in 2023. Initially celebrated for ushering in a 'modular era,' the token soared to $20 in September 2024 but has since plummeted to under $1, sparking criticism over its tokenomics and allegations of insider dumping. Despite these challenges, Celestia remains a focal point in the blockchain space, with its technology being integrated into new projects like Ethena and Securitize's real-world asset-focused blockchain. The project has also secured $100 million in funding led by Bain Capital Crypto, bringing its total fundraising to $155 million, which the co-founder claims will help navigate the current backlash and ensure long-term viability.
Celestia's TIA Token: Navigating Volatility and Future Prospects
October 10, 2025
1 min read
Celestia, a modular blockchain project, has experienced significant volatility since its TIA token airdrop to 580,000 users in 2023. Initially celebrated for ushering in a 'modular era,' the token soared to $20 in September 2024 but has since plummeted to under $1, sparking criticism over its tokenomics and allegations of insider dumping.