The cryptocurrency market may have added $160 billion to its market cap overnight as Bitcoin soared above $92,000. However, trouble is at hand for Celestia (TIA) as the main protocol built on its network was shut down in 2024 after raising $18 million. Despite the token surging +10% in the past 24 hours, TIA’s price prediction is leaning bearish following the news.
Astria was founded in 2023 after raising $5.5 million in a seed round led by Maven 11, followed by $12.5 million in strategic funding in 2024 led by DBA and Placeholder VC. The shutdown of the Astria network is considered sudden, considering that the mainnet went live a little more than a year ago.
Will Astoria’s shutdown spell disaster for Celestia? Two years of “down only” will make TIA worse
The unexpected shutdown of such a prominent protocol on an already struggling network bodes well for Celestia and signals a lack of growth for the once-promising chain. Astoria’s network outage could be the final nail in the coffin for TIA after two years of incredibly weak price action.
TIA is down -97% from its all-time high of $20.85, reached just three months after its launch in February 2024. The lack of innovation and mass adoption of Celestia caused the token to drop from its launch price of $2.3 to its current level of $0.62, and it has been downhill ever since.
At its peak in early 2024, Celestia was a top 60 cryptocurrency by market capitalization, with a value of over $3 billion. However, due to poor tokenomics, i.e. massive token evacuation, the TIA token price continued to fall even though the market capitalization rose to over $44 billion by December 2024.
The Astria network has been intentionally taken down, with block number 15,360,577 being the last block.
— Astoria (@AstriaOrg) December 1, 2025
As of now, Celestia’s market capitalization sits at just over $520 million, making it the 150th largest token on the market, but it has truly fallen from grace since its launch in 2023 as one of the most hyped projects in recent years.
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Analysts give TIA price predictions for December: next $0.5?
The 4-hourly price action suggests a possible bullish retracement following a significant liquidity sweep below recent lows, but the trend on the higher hourly remains bearish.
With Bitcoin breaking above $92,000 and engulfing the rest of the market, TIA could benefit from a broader market improvement. However, for now it faces resistance near $0.65, with decent support established just below $0.60.
If TIA is able to close the day above its $0.60 support zone, it could lead to a short-term rally towards the $0.68 and $0.72 resistance levels. However, if the support fails to hold, there is a real possibility that bearish momentum will resume and a fall to $0.50 or even lower is possible.
(Source: TradingView)
Cryptocurrency Twitter trader @MarkTheApe99 expressed concern about the continued rise in TIA prices, citing the asset’s poor performance over the past two years as a warning against buying Celestia now.
he said: “Look at the weekly chart. All the pullbacks have been sold. There are no higher highs. There is no trend reversal. All the major levels are gone. The price is stepped at 20, 8, 4, 2, 0.5. Current support is at $0.46, but this is just technical, not fundamental. This is what people call “DCA,” but in reality you are paying a rental fee to a dead trend. The funniest thing is that while it was languishing on the charts, there were influencers calling this the “next SOL.” Truth: DCA works on assets with real demand, not weekly charts like ski resorts. ”
This is a damning indictment for Celestia, but given the loss of a leading protocol in Astoria, plus 24 months of selling pressure and bearish price action, it’s hard to argue with this ugly TIA price prediction.
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