- Price: $15.91 USD
- Market Cap: $2.54 billion, making it the 33rd largest cryptocurrency.
- Volume (24h): $279 million, positioning it as the 25th most traded crypto.
- Circulating Supply: 159.67 million TIA, out of a total supply of 1.02 billion TIA.
- Fully Diluted Market Cap: $16.21 billion, indicating significant growth potential.
- All-Time High: $20.26 (January 15, 2024), demonstrating a growth trajectory.
- All-Time Low: $2.03 (October 31, 2023), showcasing substantial gains.
Celestia in the News: Recent market trends highlight Celestia’s positive performance, with a 15% gain mentioned alongside other notable cryptocurrencies. Furthermore, news about Coinbase International Exchange listing TIA perpetual futures contracts further solidifies Celestia’s position.
Top Projects on the Celestia Ecosytem
Now having learnt about the Celestial ecosystem to some degree of understanding, let’s take a look at the top Dapps built on the celestial ecosystem.
Manta Network: Unveiling a Next-Gen ZK Application Platform
Manta Pacific, a pioneering ZK application platform, has emerged as a groundbreaking solution by seamlessly integrating Celestia DA and Polygon zkEVM for unparalleled security and scalability.
Core Features of Manta Network
- Innovative Gas Fee Solutions:
- Manta Pacific optimizes Celestia’s modular data availability, ensuring swift infrastructure at a fraction of the cost compared to conventional L2 solutions.
- The addition of Manta’s Universal Circuits provides an optimal environment for the creation and launch of decentralized applications (dapps).
- Scalability and Low Fees:
- Leveraging Celestia and a tailored OP Stack, Manta Pacific excels in scalability while maintaining remarkably low gas fees.
- Universal Circuits further enhance the platform’s capabilities, offering an unparalleled space for building and deploying cutting-edge ZK applications.
- Developer-Friendly Environment:
- Adopting a multi-modular approach, Manta Pacific allows developers flexibility in utilizing Manta’s private identity tools across various chains and web2 environments.
- The provision of Software Development Kits (SDKs) and proof keys simplifies on-chain identity integration with just a few lines of code.
- Exploring New Use Cases:
- Universal Circuits introduces a ZK library for developers to seamlessly integrate ZK-enabled contracts into existing Solidity smart contracts and dapps.
- Core circuit designs, including innovations like zkShuffle for on-chain gaming, showcase Manta Pacific’s commitment to pioneering ZK use cases.
- Compliance Without Intrusion:
- Manta Network’s zkSBTs, such as zkBAB and zkGalxe Passport, enable trustless, decentralized verification without compromising sensitive details.
- Users can undergo on-chain KYC verification seamlessly, without the need to disclose personal information.
- Diverse Ecosystem: Manta Network boasts a thriving ecosystem, featuring core products like Galxe, Izumi, Orbiter, Pyth, ApolloX, Okx, SpaceID, QuickSwap, LayerZero, and more.
- Manta Pacific Testnet: Successfully launched and open for app deployment and testing.
- Largest Trusted Setup: Manta Network has orchestrated the largest decentralized trusted setup in the history of cryptography, involving over 4,000 participants from 170 countries.
- ZPrize Winner: Collaborating with Jump Crypto, Manta Network developed an award-winning solution for the WASM ZPrize challenge.
Dymension: Unleashing the Power of Consensus-Free Blockchain with RollApps
Dymension emerges as a dynamic ecosystem, serving as the home for RollApps – easily deployable, lightning-fast app-chains that redefine the landscape of consensus-free blockchains.
RollApps: Building Your Own Consensus-Free Blockchain
- Deployment Simplified:
- Dymension offers a user-friendly environment for deploying RollApps, empowering developers to effortlessly create their consensus-free blockchains.
- Enhanced Token Value:
- RollApp creators benefit from a streamlined process that not only ensures autonomy but also accrues more token value through enhanced security measures.
Dymension Hub: Shaping the Future of Blockchain
At the core of Dymension is the Dymension Hub, a specialized modular blockchain designed to unite and service RollApps seamlessly.
- Running a Node:
- Contributors strengthen the network by running nodes on the Dymension Hub, fostering a decentralized consensus model and enhancing the overall resilience of the ecosystem.
- Shift in Consensus Dynamics:
- Dymension introduces a paradigm shift by providing autonomy, performance scalability, and instant liquidity access to RollApp creators through the Dymension Hub.
Advantages of RollApps on Dymension:
- Autonomy Maximization:
- RollApp developers enjoy unparalleled autonomy, shaping their blockchain with maximum flexibility and minimal operational overhead.
- Performance Scaling:
- Achieve scalability comparable to traditional low-latency servers by leveraging the Dymension Hub’s consensus outsourcing mechanism.
- Liquidity Instantiation:
- Tap into concentrated liquidity from the Dymension Hub, providing RollApps with immediate access to financial resources.
- Programmable Interoperability: Axelar is dedicated to building programmable interoperability, offering straightforward tools and templates for cross-chain interactions with complete fungibility and functionality.
- Proof-of-Stake Blockchain: Functioning as a proof-of-stake blockchain, Axelar possesses the capability to perform diverse functions akin to other blockchains. Its transparent smart contracts automate user paths, streamlining interactions into a single click.
- Permissionless Connectivity: Axelar aims to minimize developer overhead by providing permissionless tools, allowing global access for users to connect, interact, and build across more than 50 blockchains.
- Scalability: Axelar’s hub-and-spoke architecture facilitates rapid network expansion with zero new code, ensuring faster connections to more blockchains.
- Security: Axelar boasts the most extensive and decentralized validator set in cross-chain operations, incorporating multi-layer security protocols designed by leading cryptography and consensus experts.
- Universal Asset Transfer: Axelar facilitates general message passing and universal asset transfer, empowering developers to send and receive arbitrary messages, execute cross-chain function calls, and deliver one-click user experiences.
- Ecosystem: Axelar’s ecosystem includes tools such as Squid, enabling the seamless swapping of any token between blockchains and providing access to applications across chains in a single click.
Keplr: Seamless Wallet Integration for Cosmos-based Chains
Keplr is a versatile and open-source wallet solution, providing users access to the expansive Cosmos interchain ecosystem. With support for various Cosmos-based blockchains, including Celestia with its native $TIA token, Keplr simplifies account and wallet management, empowering users to actively engage with decentralized networks.
Key Features of Keplr
- Cosmos Interchain Support:
- Keplr acts as a bridge to the Cosmos interchain ecosystem, offering a unified platform for users to connect seamlessly with multiple Cosmos-based blockchains.
- Web App, Mobile, and Browser Extension:
- Keplr offers flexibility through its availability as a web app, mobile application, and browser extension. This multi-platform approach ensures users can access their accounts and manage wallets from their preferred devices.
- Celestia and $TIA Token Integration:
- In addition to its general Cosmos support, Keplr specifically caters to Celestia and facilitates the management of $TIA tokens. This integration enhances the user experience for those interested in participating in Celestia’s blockchain activities.
Polyhedra Network: Decentralized Solutions for Web 3.0
At the core of Polyhedra Network’s innovation lies the utilization of blockchain technology and smart contracts. This foundational approach ensures trustless interactions, providing a secure framework for the development of applications within the dynamic Web 3.0 ecosystem.
Polyhedra Network harnesses the capabilities of zero-knowledge proofs to usher in a new era of privacy-preserving solutions. By employing this cryptographic technique, the platform enables seamless interactions without compromising sensitive information, ensuring heightened user privacy and security.
Key Features of Polyhedra
- Interoperability Solutions: Trustless and efficient cross-chain infrastructures for layer-1 and layer-2 interoperability.
- Scalable Zero-Knowledge Proofs: Design and implementation of scalable and efficient ZKP protocols for large-scale systems.
- Fine-Grained Privacy: Privacy extensions with stealth address models, meeting privacy-preserving needs and compliance policies.
- Product Suite: Comprehensive product offerings including zkBridge, zkLightClient, ZK-DID, and ZK-NFT.
- Security and Trustlessness: Robust security measures without additional trust assumptions, ensuring a trustworthy ecosystem.
Unleashing Innovation: The Power of CosmWasm
CosmWasm stands as a leading smart contract platform, distinguished by its commitment to security, performance, and interoperability. It proudly holds the title of the only smart contracting platform for public blockchains with substantial adoption beyond the Ethereum Virtual Machine (EVM) ecosystem, setting it apart in the blockchain landscape. CosmWasm’s credibility is reinforced by its adoption by several major chains and projects, solidifying its status as a trusted and reliable smart contract platform. Terra and Neutron, among others, contribute to the platform’s diverse and vibrant community.
- Security First: CosmWasm places paramount importance on security, ensuring that smart contracts executed on its platform adhere to the highest standards of robustness, fortifying them against potential vulnerabilities.
- Performance Excellence: Committed to optimal performance, CosmWasm leverages cutting-edge technology to deliver secure smart contract execution with unparalleled efficiency.
- Interoperability at Its Core: Embracing the spirit of interoperability, CosmWasm stands as a versatile platform, seamlessly integrating with various blockchain networks. This commitment fosters collaboration and connectivity across the broader blockchain landscape.