Celestia: Main Network Launch and TIA Token Listing
The launch of Celestia’s main network and the listing of its TIA token have taken place. Active users on Ethereum Layer 2 and the Cosmos Hub can expect an airdrop of 60 million TIA tokens. This event is significant for the blockchain world, as Celestia’s modular design and consensus mechanisms make it stand out. Major exchanges like KuCoin, Bybit, and Binance have announced their plans to trade TIA, with Binance having a tentative launch date.
Transfer of 42.7 Million NTRN Tokens to Cosmos Hub
A proposal to transfer 42.7 million unclaimed airdrop tokens from Neutron DAO to the Cosmos Hub community pool has been approved by Cosmos Hub. The governance vote was successful, and the tokens will be used within the Cosmos ecosystem according to specific guidelines. Binance has also added NTRN to its Launchpool.
Uniswap Performance and Potential Breakout
Analyst Ali has analyzed Uniswap’s potential for a price breakout based on on-chain indicators. The number of addresses holding UNI tokens with a net unrealized loss suggests little selling pressure in the market. There has been an increase in large UNI transactions, indicating interest from whales and institutions. Support levels for UNI’s current price are strong, but there are two significant hurdles at $2 and $14.24 that need to be overcome for a bullish breakout.
Hot Take: The Future of Celestia, Cosmos, and Uniswap
The launch of Celestia’s main network and the listing of its TIA token signify exciting opportunities for users and investors in the blockchain world. With major exchanges supporting TIA trading, the project is set for growth. Cosmos Hub’s transfer of NTRN tokens to the community pool ensures mutual benefit and long-term benefits for both ecosystems. Uniswap shows potential for a breakout, with little selling pressure and support levels in place. The interest from large holders indicates a possible price increase. Keep an eye on these projects for future developments and opportunities.