Celestia (TIA) Price Prediction
2024 In 2024, Changelly predicts that TIA could reach a price between $9.58 and $10.11.
DigitalCoinPrice is also bullish, reporting an average price for TIA in 2024 of $$9.94. AMBCrypto predicts Celestia could hit $11.87 this year.
What is Celestia (TIA)?
Celestia, also known as TIA, is a decentralized finance (DeFi) protocol on the Binance Smart Chain, offering automated market-making, lending, borrowing, staking and yield farming services. The TIA token is used for transactions, governance and staking rewards. Celestia aims to provide a secure and transparent platform for trading and investing in digital assets, with the goal of democratizing access to decentralized finance.
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.
To address this, Celestia developed a modular blockchain system where each component can operate independently yet contribute to the overall functioning of the chain. This approach allows for better experimentation and testing through Celestia's deployment system, streamlining the development process for developers.