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TIA Token Faces Price Drop Amid Celestia’s Shwap Upgrade Launch

  • TIA token has dropped over 9.52%, from $6.41 to a low of $5.80, now trading around $5.84.
  • Celestia launched its Shwap upgrade on the Arabica and Mocha testnets to boost data sampling speed and storage efficiency.
  • Celestia (TIA) faces increased selling pressure as approximately 175 million TIA tokens are set to be unlocked by the end of October.
  • TIA's price decline, upcoming token unlocks, and technical indicators suggest a cautious outlook for the asset.

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