After the rise of the TIA token, which led it to a new all-time high, analysts from Messari, specializing in cryptocurrency research, expressed the opinion that Celestia Network may continue its upward trend due to increased activity and the number of projects on this platform.
On their social media page on X (formerly known as Twitter), Messari's senior analyst, Kunal Goel, listed the factors that contributed to the network's growth. First and foremost, Celestia stands out for its very low fees compared to similar networks offering similar services. The primary drivers of fee reduction are and will remain the combined layer 2 blockchains of Celestia.
Analysts emphasized that interest in Celestia is primarily driven by security demands rather than its fees. Significant attention is also drawn to the activity of the Manta Network project on this network. Currently, Manta Network is the only data storage solution launched on Celestia.
In a few weeks, Celestia will introduce new layer 2 blockchains with cumulative packages called Dymension and Saga, which will also add interest to the platform.
According to analysts' forecasts, participants in airdrops will receive TIA tokens worth between $0.8 and $1.6.
Experts from Messari claim that the blockchain, which represents a modular data accessibility network for consolidation, is unique and has no analogs.
After the TIA distribution in October, the token's price increased several times. CoinMarketCap data indicates a 727% increase in the value of TIA, which currently stands at $17.39. Despite the market volatility caused by Bitcoin's actions, this token continues to successfully withstand pressure and remain stable.
Comments