Ethereum

Token

Polygon

Time

Celestia

<ul>
 <li><strong>Celestia (TIA) reached a new all-time high of $12.96 on December 12th.</strong></li>
 <li><strong>The surge followed the announcement of Celestia Network’s integration with Polygon’s Chain Development Kit.</strong></li>
</ul>
<p>Celestia’s native token, TIA, surged to an <a href="https://thenewscrypto.com/celestia-tia-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">all-time high</a> of $12.96 on December 12th. This unprecedented rise follows the exciting announcement of Celestia Network’s integration with Polygon’s Chain Development Kit (CDK).</p>
<p>The integration is set to offer a seamlessly integrated module for Celestia within Polygon-based networks, facilitating enhanced data availability.</p>
<div align="center">
 <blockquote class="twitter-tweet">
  <p lang="en" dir="ltr">Build whatever, with Polygon CDK <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9f1.png" alt="🧱" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/CelestiaOrg?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@CelestiaOrg</a>’s high-throughput, modular data availability (DA) solution will integrate with Polygon CDK, lowering the barrier for launching high-throughput Layer 2 chains on Ethereum.<br><br>The integration will enable fully onchain applications and… <a href="https://t.co/EfDk5cYRbb" rel="noopener noreferrer nofollow">pic.twitter.com/EfDk5cYRbb</a></p>— Polygon (Labs) (@0xPolygonLabs) <a href="https://twitter.com/0xPolygonLabs/status/1734632083513884681?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 12, 2023</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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<p>Also, this strategic integration opens up new possibilities, potentially transforming the transaction fee dynamics for users on these networks. This integration will empower fully on-chain applications and has the potential to significantly slash Ethereum Layer 2 transaction fees by approximately 100 times.</p>
<p>This dramatic reduction is attributed to the decision to store compressed transaction data on Celestia instead of the Ethereum network. As a result, users can expect significant cost savings, making transactions more efficient and accessible.</p>
<p><a href="https://thenewscrypto.com/polygon-unleashes-upgraded-pol-token-to-power-web3-scaling/" target="_blank" rel="noopener noreferrer nofollow">Polygon’s</a> CDK, known for its innovation in Layer 2 solutions, incorporates zero-knowledge rollup technology. This new approach involves aggregating transactions off-chain and finalizing them in bundles on the mainnet. The adoption of such cutting-edge technology showcases the commitment to scalability and efficiency within the Celestia-Polygon ecosystem.</p>
<h3 class="wp-block-heading" id="h-celestia-tia-soaring-to-new-heights">Celestia (TIA) Soaring to New Heights</h3>
<p>Following the announcement, the price of TIA jumped by 21.6%, from $10.6 to $12.96, an all-time high. Despite this rally, today the cryptocurrency declined by over 6.46%. Still, TIA’s value is up by over 9.67% in the past week and 438% since <a href="https://thenewscrypto.com/bitget-becomes-one-of-the-first-exchanges-to-list-celestia-tia/" target="_blank" rel="noopener noreferrer nofollow">its debut </a>on November 1st.</p>
<p>At the time of writing, TIA is trading at $11.34, with a daily trading volume exceeding $592 million, a 12% increase in the last 24 hours.&nbsp;</p>

TIA Token Hits New All Time High Amid Celestia Polygon Integration

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