Celestia

Celestia is a data availability network designed to make it easier for developers to launch new blockchains without building every component from scratch. The core problem it addresses is that traditional blockchains bundle transaction execution, settlement, and data storage together, which can create bottlenecks as usage grows. Celestia separates the job of storing and proving that transaction data is available from the job of executing those transactions, targeting developers who want to build modular, purpose-built chains.

Celestia focuses specifically on the data availability layer of a blockchain stack, meaning it orders and publishes transaction data so that other networks can verify the data exists without downloading all of it, using a technique called data availability sampling. The TIA token is used to pay for blob space, which is the storage unit developers purchase when posting data to the network, and it is also used for staking and governance within the Cosmos-based architecture. The block time recorded in the data is 0.0 minutes, and no consensus algorithm is stored, so a full mechanical description of the consensus process cannot be provided from the available data.

The data in this profile does not include a measured fee stream, revenue figure, or protocol earnings, so fee-based measures common on research sites are not applicable here. What the data does show is that roughly 81.7% of the supply is already in circulation at this point in time, with approximately 22.4% of additional supply still pending issuance, reflected in a fully diluted valuation to market capitalization ratio of about 1.22. The gap between circulating and fully diluted supply means existing token holders will see the total supply increase as that remaining 22.4% enters circulation over time.