# Celestia’s TIA Rises More Than 19% as Blob Proposal Drives Demand

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/23522
Published: 2026-09-24T02:30:26.000Z
Updated: 2026-09-24T02:30:26.000Z

Celestia (TIA) rose more than 19% to $0.526 over 24 hours as demand grew around the network’s revised Sustainable Blob Economy proposal.

Trading volume topped $129 million during the period, extending an upward trend that began after the proposal was announced July 11.

TIA moved above its key exponential moving averages and broke through a trendline resistance level that had held for months. The next resistance level identified on the daily chart was about $0.625.

Open interest reached a monthly high of $83 million, pointing to greater leveraged exposure across TIA derivatives markets.

Short liquidations totaled $621,000 over 24 hours, five times the amount of long liquidations. The imbalance suggested that bearish positions were being forced out as TIA moved higher.

The proposal was associated with rising demand, trading volume and leveraged exposure around TIA.