Celestia (TIA) rises 25% despite decrease in social media buzz

Celestia (TIA) witnessed a further surge, while data shows a decline in the asset’s social activity.

TIA is up by 1% in the past 24 hours and is trading at $5.42 when writing. While the asset witnessed a short downward momentum, falling from its all-time high of $5.94 on Nov. 13, Celestia recorded a 25% rise since its local bottom of $4.32 at 00:10 UTC today. 

TIA’s market cap currently stands at $761 million, with a 24-hour trading volume of $856 million.

On the other hand, Celestia’s social volume declined by 55.5% over the past day, according to data provided by Santiment. 

The platform released its mainnet on Oct. 31 and airdropped TIA tokens to 580,000 eligible users. 

Moreover, Celestia is still trending on CoinMarketCap despite the drop in social volume on Twitter, Telegram, and Reddit.

TIA registered a 135% surge over the past week and is up by 154% from its starting price of around $2.1. 

The asset was soon listed on Binance with promising scalable blockchain solutions that Ethereum (ETH) and Solana (SOL) failed to bring their users.