🚀 **Celestia Takes a Bite Out of Ethereum's Data Storage Market!** 📈

Celestia, the new kid on the blockchain, is making waves! Since its 2023 debut, this layer-1 data availability network has been steadily munching away at Ethereum's market share. From a modest 20% in May, Celestia now boasts a whopping 40% as of July 31, according to Blockworks Research.

Why the shift? Celestia's modular architecture offers lower fees and high throughput, making it a more cost-effective choice for data storage. Even Ethereum's Dencun upgrade, with its "blobs" for offchain data storage, can't beat Celestia's efficiency.

But don't count Ethereum out just yet! With its stronghold in decentralization and total value locked (TVL), it remains Web3's go-to settlement layer.

💬 What do you think? Is Celestia the future of data storage, or will Ethereum bounce back? Drop your thoughts below! 👇