cryptofamily

TIA, the native token of the modular blockchain network Celestia, has surged 14% after it announced the commencement of its second funding round.

Celestia was trading at $6.2, having surged to an intraday high of $6.86—marking a rise of over 40% from its weekly low. The token’s daily trading volume doubled from the previous day to $410 million.

Meanwhile, its market capitalization reached $1.34 billion, securing its position as the 65th largest cryptocurrency, according to CoinGecko. Following the latest price jump, TIA also gained a top trending status on the crypto data aggregator.

Despite the recent price rally, TIA still has to climb 69.8% to break past its all-time high of $20.85 seen on February.

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