$30.7 trillion bytes per second—this number was released a week ago, and TIA didn’t move up a single cent. Today, what truly pushed the price higher was something else.
Derive went live with V3 today; settlement rights moved to Ethereum, but all state differences must be sent to Celestia as the data availability layer. This isn’t a testnet benchmark—this is real integration. The official proposal says that before the integration, this platform was already bearing nearly $2 billion in options open interest, accounting for 95% of on-chain options trading volume over the past 30 days.
Today TIA is up 13.8%, breaking above $0.51. The move has reasons—but the reason isn’t the Fiber’s 3 trillion bytes-per-second benchmark hype (that was already discussed earlier, and the price didn’t budge at the time). It’s Derive taking the step of moving real transaction volume over.
The “Sustainable Blob Economy” proposal has also been brought up repeatedly. It sounds like it’s meant to solve the old problem of TIA supply dilution, but the budget cap that this fee mechanism has been approved for right now is only $1.5 million—Phase 1 is just $225,000. It’s still in the governance voting stage; no money has actually been collected yet.
I’m not bullish on this leg. Real usage is real, but the fee data strong enough to support the price hasn’t come out yet. Right now, it feels like narrative front-running. In the short term, I expect a pullback. Next, I’ll watch whether this proposal actually makes it to execution and whether there are real capacity-paid cashflow transactions. Only when that day comes will it count—it's not there yet.
$TIA #Celestia #DeFi
Derive went live with V3 today; settlement rights moved to Ethereum, but all state differences must be sent to Celestia as the data availability layer. This isn’t a testnet benchmark—this is real integration. The official proposal says that before the integration, this platform was already bearing nearly $2 billion in options open interest, accounting for 95% of on-chain options trading volume over the past 30 days.
Today TIA is up 13.8%, breaking above $0.51. The move has reasons—but the reason isn’t the Fiber’s 3 trillion bytes-per-second benchmark hype (that was already discussed earlier, and the price didn’t budge at the time). It’s Derive taking the step of moving real transaction volume over.
The “Sustainable Blob Economy” proposal has also been brought up repeatedly. It sounds like it’s meant to solve the old problem of TIA supply dilution, but the budget cap that this fee mechanism has been approved for right now is only $1.5 million—Phase 1 is just $225,000. It’s still in the governance voting stage; no money has actually been collected yet.
I’m not bullish on this leg. Real usage is real, but the fee data strong enough to support the price hasn’t come out yet. Right now, it feels like narrative front-running. In the short term, I expect a pullback. Next, I’ll watch whether this proposal actually makes it to execution and whether there are real capacity-paid cashflow transactions. Only when that day comes will it count—it's not there yet.
$TIA #Celestia #DeFi