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Celestia’s TIA Token Pops 22% as Staking, ‘Modular’ Narrative Gains Favor

Celestia’s TIA token gained over 22% in the past 24 hours, bucking the muted broader market trend, as investor interest in staking TIA gained momentum alongside rising hype for the blockchain's underlying technology. TIA traded at just under $17 in the early Asian morning hours Friday before giving back some gains. It recorded nearly $800 million in trading volumes in the past 24 hours, its highest to date, data from CoinGecko shows. Staking involves locking coins in a cryptocurrency network in return for rewards. Doing so with TIA on native platforms yields between 15% to 17% annually, minus fees, to users.

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