Decided you want in on the action? You can buy TIA on Coinbase and Kraken
Growing up, you were likely taught to break large problems into smaller parts. This was meant to make problem solving less complicated and easier to handle. Celestia has taken this idea to blockchain technology. By creating a modular blockchain that divides large systems into smaller parts, they can increase efficiency and decrease bottlenecks for blockchain developers.
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What is Celestia (TIA)?
Most blockchains are interconnected; the entire blockchain is used to perform all tasks, regardless of how big or small. This feature limits scalability and efficiency, as all functions have to be taken into account when making changes.
Celestia saw this issue and wanted to create a system that would allow for each part of the blockchain to operate independently but still contribute to the overall working of the chain. Modular blockchains allow you to combine several blockchains that serve specific purposes. Some examples are an execution layer, responsible for processing transactions and a settlement layer, responsible for settling transactions.
In practice, this process allows for better experimentation. Instead of having to toy with the entire blockchain’s code, developers can simply experiment with a single modular blockchain and then test it out through Celestia’s deployment system.
Celestia (TIA) Market Position
TIA began trading in October 2023 for around $2.40 and the price reached $10 in less than 40 days. This growth has continued; TIA reached an all-time high of over $20 in early 2024. Since then it has cooled a bit, currently trading for around $17.
In terms of market cap, the trend is identical to the price of the token. The all-time high market cap was just below $3.25 billion and has since settled around $2.75 billion.
Joel Frank’s Bullish Long-Term Celestia (TIA) Price Prediction
Frank is a crypto and finance analyst for Crypto News. He mentions potential and existing partnerships and technical analysis as potential bullish indicators for TIA. Celestia has recently announced partnerships with Polygon and Manta, among others. These partnerships could be a driver of long-term growth. He also sees several resistance levels where bulls could buy the dip and continue to support the price.
Peter Henn’s Bearish Long-Term Celestia (TIA) Price Prediction
Henn is an author for CCN.com and has written for several other publications. He mentions the token supply schedule and technical analysis as possible bearish factors for TIA in the coming months. He mentions that the project’s consistent supply of new TIA could cause the price to underperform. Additionally, some technical analyses could point toward a short-term bearish trend.
2020s Celestia (TIA) Price Predictions
With the recent artificial intelligence (AI) craze, some AI engines have begun to create price predictions for cryptocurrencies. These prediction algorithms may take into account many variables – ranging from trading volume to the overall crypto market – to make predictions about where the price of a token may be in some months or years. While these predictions are unlikely to be accurate, they can still give a sense as to where the token might go.
2024 Celestia (TIA) Price Prediction
In 2024, Changelly predicts that TIA will reach a price between $20 and $25. DigitalCoinPrice is even more bullish, reporting an average price for TIA in 2024 of over $37.
2025 Celestia (TIA) Price Prediction
The predictions for 2025 begin to distance themselves. Coin Edition believes that TIA will trade above $60 in 2025, while Changelly sees a price range of $30 to $35.
2030 Celestia (TIA) Price Prediction
For 2030, the algorithms all give different predictions. Chengelly predicts a price of just below $200, while Coin Edition sees a price of just under $100. DigitalCoinPrice is in between them, offering a price prediction of around $130.
Where to Buy Celestia (TIA)
If you are looking to purchase TIA, you can access several great sites. Coinbase and Kraken offer TIA and are some of the best trading platforms in the industry. They offer heightened security, low fees and a solid interface. To get started, create an account, verify it and fund it with a bank account.
How Long Will It Take for Celestia (TIA) to Reach $50?
Though the $50 mark is a ways away from TIA’s current price, its past price movements could provide some insight into a potential to hit the price target. Over the past few months, the price of TIA has gone up around $6 per month. At the current price of around $17, a continuation of this trend would mean that TIA could hit $50 in 5 ½ months.
However, this prediction is largely speculative and assumes that TIA’s price will continue to appreciate at a rapid pace, which is unlikely.
Where to Store Celestia (TIA) Safely
Though centralized exchanges offer several security measures to maintain the safety of your assets, you may be looking for an even more secure way to store your funds. Wallets are a great way to add an extra level of security to your assets. While wallets are not needed, they can offer peace of mind.
Best Hardware Wallet: Ledger Nano S Plus
Ledger is a hardware wallet that supports TIA. A hardware wallet is a physical object that holds the private key to your crypto. Without the physical key, your crypto is inaccessible. This is arguably the most secure way to hold crypto.
Ledger currently has two models: the Ledger Nano S Plus and the Nano X. The Nano S Plus is a bare-bones wallet meant for beginners to safely store crypto. The Nano X is for more advanced users, bolstering Bluetooth capabilities and more storage.
Best Software Wallet: Coinbase Wallet
Different from the crypto brokerage, Coinbase Wallet is a wallet service provided by Coinbase. Funds are held in the wallet instead of by Cioinbase themselves. You do not need a Coinbase account to have a Coinbase wallet. The wallet supports most of the major blockchains.
Coinbase wallet is a great option for those looking for more security but do not want the hassle of a physical device. It is also free, whereas most hardware wallets require purchase.
Bonus Section: Keep an eye out for new projects on the Celestia platform. These can bring in new users and increase the price of the token.
Current Crypto Prices
All eyes have been on Bitcoin over the past few months due to the speculation and eventual release of spot Bitcoin ETFs. In the month running up to the approval, the price of Bitcoin performed very well. However, there was a small sell-off after the actual release, causing most of the gains to be wiped out.
Despite this, Bitcoin has begun to rebound slightly, and some investors continue to stay bullish as the dust settles from the recent spot ETF approvals.
So, is Celestia (TIA) a Good Investment?
Celestia hopes to simplify the blockchain process for developers and end users. Though it is still relatively new, many are excited about the prospects, and this sentiment is reflected in the price. However, many projects receive hype at the beginning and then fizzle out. It will be interesting to see how TIA trades in the coming months.
