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More Than 410,000 Eligible Airdrop Participates Have Yet to Claim Their TIA Tokens

Katie Lin

Summary: Modular blockchain Celestia has struggled to gain a significant market share during its first week. According to reports by CoinDesk, it recorded fewer than 350,000 transactions in the four days following its launch. Although more than 600,000 airdrop participants are eligible to claim their TIA tokens, more than 410,000 of these participants have yet to ...

Modular blockchain Celestia has struggled to gain a significant market share during its first week. According to reports by CoinDesk, it recorded fewer than 350,000 transactions in the four days following its launch. Although more than 600,000 airdrop participants are eligible to claim their TIA tokens, more than 410,000 of these participants have yet to do so. 

Data from Mintscan shows that current transactions per second (TPS) on Celestia is 0.19. This does not necessarily imply a lack of technical function, but it does suggest a lack of activity on the chain. In contrast, Ethereum currently boasts a TPS of 29.33 and Arbitrum has averaged 35 to 45 TPS over the past week, according to L2Beat.


Author: Katie Lin

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