Celestia (TIA) has seen a 22% increase in the last 24 hours, reaching a new all-time high of $16.81. It is currently trading around $16.35. The growing enthusiasm of investors for staking TIA has disrupted the broader market trend. Which has remained relatively quiet, coinciding with the increasing excitement about the fundamental technology of the blockchain.

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The highest trading volume for Celestia (TIA) so far reached a record of $800 million on January 4th, yesterday.

The unusually high returns compared to the 4% risk-free rate offered by the 10-year US Treasury bond seem to be increasing demand for cryptocurrency.

As of January 5th, the market cap is below $2 billion. Considering this situation, the belief that it will increase further implies the potential to make profits beyond the initially invested capital.

Moreover, rumors about the Celestia blockchain providing airdrops to stakers are also positively influencing the market.

Earlier this week, the multi-layered blockchain protocol Dymension distributed DYM tokens in an airdrop to various market participants, including TIA stakers.

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