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Celestia Crumbles? TIA Price Prediction, Astria Network Shuttered

The crypto market may have added $160Bn onto its market cap overnight as Bitcoin surged back above $92,000. However, trouble is on the horizon for Celestia (TIA) as a key protocol built on its network was shuttered following an $18M raise back in 2024. TIA price predictions are leaning bearish following the news, even though the token has surged by +10% over the past 24 hours.

Astria launched in 2023 after raising $5.5M in a seed round led by Maven 11, followed by a $12.5M strategic fundraise in 2024 led by DBA and Placeholder VC. The shutdown of the Astria network is seen as sudden, given that the mainnet only went live a little over a year ago.

Does Astria Shutdown Spell Disaster for Celestia? Two Years of ‘Down Only’ Just Got Even Worse for TIA

Such a prominent protocol being unexpectedly shuttered on an already struggling network is a bad look for Celestia and points to a lack of growth for the once-promising chain. Astria halting its network could prove the final nail in the coffin for TIA, following two years of incredibly poor price action.

TIA is down -97% from its all-time high of $20.85, reached just three months after its launch in February 2024. It has been a downhill slide ever since, as a lack of innovation and mass adoption of Celestia has led the token to fall from its launch price of $2.3 to its current level of $0.62.

At those heights in early 2024, Celestia was a top 60 cryptocurrency by market cap, valued at over $3Bn. However, poor tokenomics, namely massive token emissions, led to the market cap rising to over $4 4Bn by December 2024, but the TIA token price continued to fall.

As of right now, the Celestia market cap sits at just over $520M, making it the 150th largest token on the market, a real fall from grace after bulldozing its way onto the market in 2023 as one of the most hyped projects in recent years.

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Analysts Give TIA Price Prediction for December: $0.5 Next?

On a 4-hour timeframe, the price action suggests a potential bullish retracement following a significant liquidity sweep beneath the recent swing low, though the high-timeframe trend remains bearish.

TIA may benefit from broader market improvement, as Bitcoin has ripped back above $92,000 and taken the rest of the market with it. However, it faces immediate resistance around $0.65, with a decent support established just below $0.60.

If TIA can close the day above that $0.60 support zone, it could lead to a short-term rally towards the resistance levels of $0.68 and $0.72. However, failure to maintain support may trigger renewed bearish momentum, with a drop toward $0.50 and possibly lower, a real possibility.

Celestia is in big trouble after its leading protocol, Astria, announced it was ceasing operations and TIA price predictions are uglyCelestia is in big trouble after its leading protocol, Astria, announced it was ceasing operations and TIA price predictions are ugly

(SOURCE: TradingView)

Crypto Twitter trader @MarkTheApe99 has expressed concerns about a sustained TIA price rally, citing the asset’s poor performance over the past two years as a warning against buying Celestia now.

He said, “Look at the weekly. Every bounce sold. No higher highs. No trend reversal. Every key level lost. Price stair-cased from 20, 8, 4, 2, 0.5. Current support sitting at $0.46 and that’s only technical, not fundamental. This is what people call “DCA,” but it’s really paying rent to a dead trend. The funniest part? You had influencers calling this “the next SOL” while the chart was telegraphing a multi-month bleed. The truth: DCA works on assets with real demand, not on weekly charts that look like ski slopes.”

It is a damning indictment for Celestia, but after losing a leading protocol in Astria, coupled with 24 months of sell pressure and bearish price action, it is hard to argue against this ugly TIA price prediction.

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Alex IoannouAlex Ioannou

Alex Ioannou

On-Chain Journalist

Chasing dreams under the Cypriot sun, Alex is an up-and-coming writer focusing on the more degen side of the crypto market. Always on the lookout for the next hot narrative, meme coin pump, or meta trend. Alex has been actively…
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