John Galt, the strategic director of Stride, a liquidity staking protocol in the Cosmos ecosystem, announced on Twitter that TIA will become a token similar to SOL/AVAX/MATIC in this cycle, and regardless of what happens in the short term, Celestia will become a top 20 project in terms of market value in this cycle.

According to OKX market data, TIA rose and briefly broke through $10.4, now priced at $10.465, with a 24-hour increase of 18.81%, reaching a new all-time high.

According to official sources, Manta Network has officially started integrating with Celestia. Once completed, the data availability layer of Ethereum Layer2 Manta Pacific will switch from Ethereum to Celestia. Previous testing results show that this move can enable Manta Pacific to achieve high TPS throughput while reducing gas costs by 100 times, achieving Solana-level gas fees. Currently, Manta Pacific is the largest ecological network on Celestia's Ethereum EVM Layer2. Nick White, co-founder of Celestia, stated that there is currently no Ethereum Layer2 with the same gas fees as Solana, and Manta will be the first, but not the last.

On December 2nd, according to OKX market data, TIA rose and broke through $8.3 in a short period of time, and is currently trading at $8.19. The 24-hour increase is 18.4%, reaching a new historical high.

Modular blockchain Celestia announced support for the integration of OP Stack and Celestia with Ethereum fallback functionality, allowing Ethereum L2 (or L3) to fall back to using Ethereum calldata to obtain data availability (DA) when Celestia's mainnet Beta experiences downtime. Once the interruption is resolved, L2 will automatically resume publishing DA to Celestia. The Ethereum fallback mechanism is currently implemented in celestiaorg/optimism v1.0.0 (OP Stack v1.0.0) version.

Celestia announced on the X platform the introduction of Ethereum Fallback functionality for the integration of OP Stack and Celestia. In case of errors when submitting L2 block data to Celestia, Fallback can minimize interference with end users and help ensure that user funds do not get stuck in L2 bridging contracts. L2 can fall back to publishing its block data to Ethereum as DA call data, and after the interruption is resolved, L2 will automatically resume publishing DA to Celestia.

Movement Labs announced plans to launch M2, which is the first Move virtual machine L2 that is applicable to Ethereum and is extended with Celestia as a modular DA. Starting from M2, Movement is building a blockchain ecosystem based on modular Move, where M2 becomes possible through Celestia's Blobstream and modular stack. With modularity at its core, Movement will release public products and tools to promote the adoption of Move programming language in a wider blockchain ecosystem.

On November 22nd, according to X platform user luck (@sail_luck168), the Web3 task platform Zealy included tasks from a fraudulent website, and after completing the tasks, users experienced theft of their funds. When the victim reported the issue to Zealy, they were kicked out of the group chat, and the project tasks have not been taken down. SlowMist founder, Yu Xian, confirmed that the so-called Celestia official website is actually a phishing website. Users are advised to participate in related projects with caution and pay attention to personal asset security.

What narratives are expected to support TIA token market cap exceeding $2 billion?

According to MintScan data although Celestia blockchain facilitated 350,000 transactions in the first two days after its launch, it only added 160,000 transactions in the past 13 days. In comparison, Arbiscan data shows that competitor modular blockchain Arbitrum had an average daily transaction volume between 550,000 and 920,000 in the past 7 days. Another indicator of evaluating blockchain scalability is the transactions per second (TPS). According to L2Beat data, Celestia currently has a total of 0.13 TPS, while Arbitrum has 8.01 TPS.