CoinDesk - Celestia's TIA Airdrop Hype Wanes as Blockchain Struggles to Gain Users
Celestia, a modular blockchain designed to scale with more users, has experienced a slow start with fewer than 350,000 transactions registered in its first four days.
The current transaction rate on Celestia is 0.19 transactions per second (TPS), significantly lower than Ethereum and Arbitrum.
Despite the low activity, Celestia's business model focuses on data availability, and its network validators receive around 23.39% APR for staking the native TIA token, which has shown stability compared to other airdropped tokens.
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