Celestia (TIA) Gains 14% Following Network Upgrade Announcement

Celestia gains ground against the bears after the platform gave new info about the upcoming network upgrade named Lemongrass. According to CoinGecko, TIA has been up more than 13% since last week, successfully getting the token into the spotlight. The newly gained momentum can be attributed to the network’s first upgrade, which will change the user experience of the network as a whole due to the features it’ll implement. Related Reading: Ethereum Nears Key Bearish Triangle Apex: Breakdown To $2,160 Target Looms With the market’s general upward momentum, TIA might be in the perfect position to continue its upward movement. However, investors should still be wary of upcoming macroeconomic indicator announcements that might favor the bears. Lemongrass: Celestia’s First Network Upgrade Celestia’s official X account posted about the Lemongrass upgrade, giving it the too-long-don’t-read treatment. The post details several features that will be part of Lemongrass. “Developed and coordinated with the community, Lemongrass includes 1-click Tia interactions with other IBC chains, Interchain accounts, and a new upgrade mechanism,” Celestia said. Celestia’s first upgrade, Lemongrass, is coming.

Aug 14, 2024 - 04:00

Celestia (TIA) Gains 14% Following Network Upgrade Announcement

Celestia gains ground against the bears after the platform gave new info about the upcoming network upgrade named Lemongrass. According to CoinGecko, TIA has been up more than 13% since last week, successfully getting the token into the spotlight. The newly gained momentum can be attributed to the network’s first upgrade, which will change the user experience of the network as a whole due to the features it’ll implement.

With the market’s general upward momentum, TIA might be in the perfect position to continue its upward movement. However, investors should still be wary of upcoming macroeconomic indicator announcements that might favor the bears.

Lemongrass: Celestia’s First Network Upgrade

Celestia’s official X account posted about the Lemongrass upgrade, giving it the too-long-don’t-read treatment. The post details several features that will be part of Lemongrass.

“Developed and coordinated with the community, Lemongrass includes 1-click Tia interactions with other IBC chains, Interchain accounts, and a new upgrade mechanism,” Celestia said.