The Celestia blockchain network's digital currency TIA posted its best monthly gain this year, outperforming the CoinDesk 20 Index by 40%. This came amid expectations of a $1.13 billion token unlock on October 31.

- Demand for TIA hedging has increased, leading to a "short squeeze" and higher prices.

- The unlock will free up 16% of the total token supply, which could create bearish sentiment in the market.

- A recent $100 million fundraise has also contributed to the price increase.