With the crypto market ending August poorly, the altcoin sector, including TIA, faced significant losses. TIA dropped 23% in a week, but on-chain growth for Celestia was notable.
OurNetwork’s review highlighted key developments within the Modular ecosystem, with Celestia maintaining a prominent role by securing 44% of the market share among data availability providers. This positions Celestia as a leading player in its niche.
TIA's potential breakthrough over the $4.6 mark remains uncertain due to bearish market sentiment. However, TIA’s correlation with Bitcoin could facilitate a recovery if Bitcoin returns to $60k, possibly resulting in a retest of $5 in the upcoming months.
