Celestia’s TIA token surged 32% in 24 hours on October 16, 2026, pushing its market capitalization to approximately $650 to $670 million and its price to around $0.69 to $0.70. At least 15 altcoins posted double-digit gains during this period, while Bitcoin remained steady near $82,000. The CoinMarketCap Altcoin Season Index climbed to 60, signaling capital rotation into altcoins. The rally was fueled by technical network advancements, including a record data throughput of 3.07 terabits per second and Derive V3 selecting Celestia as its data availability layer.
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