Celestia (TIA) price has taken a hard hit, dropping over 90% from its all-time high. Even though the project is said to have more than $100 million in reserves, the price just keeps sliding. And it’s not just a chart issue. Analysts say the decline also reflects deeper problems within the project and its community.

Looking at the chart, it’s been a rough ride. TIA had a strong launch, shooting up close to $25. But that momentum didn’t last long. Since then, the price has been in a steady downtrend, with each move up quickly turning into another leg down.

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There have been a few small rallies along the way, but none of them stuck. Every bounce was met with more selling, showing that buyers aren’t stepping in with confidence. Right now, TIA price is trading under $2, and if this trend continues, it could slide toward a support zone somewhere between $1 and $1.20.

#Celestia is under intense scrutiny as $TIA crashes over 90% from its peak. Despite boasting $100M+ in reserves, the project faces growing challenges — from executive token sell-offs and large unlocks sparking market panic to marketing controversies and declining on-chain… pic.twitter.com/oqGuZSKmJF

— BOBO (@BOBOObtc) June 25, 2025

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Community Concerns Mount Over Celestia Token Activity

In a post on X, top trader BOBO pointed to several concerns contributing to the current market pressure. The thread noted executive token sell-offs and upcoming large unlocks as possible triggers for investor anxiety. These movements tend to create dilution fears, which can result in lower demand and higher volatility.

The same post also mentioned falling on-chain activity. This suggests a reduction in real network use, often seen when users shift focus to more active ecosystems. Combined with negative sentiment around past marketing strategies, these concerns have weighed heavily on public perception.

Despite TIA price drop, Celestia’s developers have continued to release updates and governance proposals. These steps show ongoing progress on the technical front, but the market response remains subdued. With the broader modular blockchain narrative facing skepticism, traders appear to be waiting for clear results before re-engaging.

For any meaningful recovery to begin, Celestia price must reclaim lost technical levels. Key price zones near $5 and $8 will likely determine whether momentum can return. Until then, the road ahead remains uncertain, both in terms of price and community sentiment.

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The post Celestia Meltdown: TIA Price Tanks 90% Despite $100M Reserves – What’s Really Going On? appeared first on CaptainAltcoin.