3.07 Tb/s——This is the throughput output from Celestia’s official test room. After the TIA price announcement, it jumped from 0.439 to 0.492—up 12%. But I pulled up the on-chain data and checked for myself: at 18:13 on October 8, this chain’s protocol version was still at 9, and the upgrade plan interface came back empty—Fibre simply hasn’t been activated.
The code really has been released: on October 7, the app v10 mainnet version went live; on October 8, the node client celestia-node v0.34.3 was updated as well. Features like blob upload/download and delegated settlement have all been implemented—this is genuine progress, not something cooked up overnight. But the tests used 2GiB blobs and 2,000 submissions per block, while the mainnet’s initial configuration only provides 128MiB and 200—this gap means the market is currently not pricing anything in at all. Don’t take the 3.07 Tb/s peak number and try to imagine the mainnet’s current capability.
The bulls are already paying for things that haven’t happened yet: after rising 12%, it fell back to 0.456. In open positions of $7.46 million, $0.891 million was liquidated within 24 hours, and $0.721 million of it came from long positions.
My bias is bearish—I’m seeing leverage already booked in advance for an upgrade that hasn’t even been activated. That bill will be settled sooner or later. If you want me to change my mind, I’ll wait until the protocol version truly jumps to 10 and the actual 128MiB configuration runs verifiable throughput data—then it counts. I’m not chasing this pump.
$TIA #Celestia #Modular
The code really has been released: on October 7, the app v10 mainnet version went live; on October 8, the node client celestia-node v0.34.3 was updated as well. Features like blob upload/download and delegated settlement have all been implemented—this is genuine progress, not something cooked up overnight. But the tests used 2GiB blobs and 2,000 submissions per block, while the mainnet’s initial configuration only provides 128MiB and 200—this gap means the market is currently not pricing anything in at all. Don’t take the 3.07 Tb/s peak number and try to imagine the mainnet’s current capability.
The bulls are already paying for things that haven’t happened yet: after rising 12%, it fell back to 0.456. In open positions of $7.46 million, $0.891 million was liquidated within 24 hours, and $0.721 million of it came from long positions.
My bias is bearish—I’m seeing leverage already booked in advance for an upgrade that hasn’t even been activated. That bill will be settled sooner or later. If you want me to change my mind, I’ll wait until the protocol version truly jumps to 10 and the actual 128MiB configuration runs verifiable throughput data—then it counts. I’m not chasing this pump.
$TIA #Celestia #Modular