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Celestia unveils roadmap to 1-gigabyte blocks

The roadmap comes amid fierce competition in data availability among rivals such as EigenDA and Avail.

Celestia, a layer-1 data availability network, unveiled a technical roadmap charting a path to scaling block size to 1 gigabyte, according to a Sept. 5 blog post.

The roadmap’s core objective is to “relentlessly scale to 1-gigabyte blocks, bringing a massive increase in data throughput to Celestia’s rollup ecosystem,” Celestia said. Blocks are bundles of transaction data grouped together on blockchain.

Celestia’s focus on block size reflects an industrywide push to enhance the scalability of blockchain networks by lowering transaction costs and more efficiently storing and retrieving data. Celestia competes with protocols such as EigenDA and Avail, as well as mainnet Ethereum.

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Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

This Layer-1 Altcoin Presents Solana-Like Opportunity, Could Be One of Fastest Horses in the Race: Raoul Pal

This Layer-1 Altcoin Presents Solana-Like Opportunity, Could Be One of Fastest Horses in the Race: Raoul Pal

Macro guru and Real Vision CEO Raoul Pal is highlighting one smart contract-enabled blockchain token that he believes has potential. Pal tells his one million followers on the social media platform X that the native token of the layer-1 blockchain Sui (SUI) is “starting to look very interesting from a price perspective.” “…I’m looking at […]

The post This Layer-1 Altcoin Presents Solana-Like Opportunity, Could Be One of Fastest Horses in the Race: Raoul Pal appeared first on The Daily Hodl.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Investor Chris Burniske Unveils ‘Conservative’ Solana Price Target, Says SOL ‘Virus’ Spreading Is Ahead

Investor Chris Burniske Unveils ‘Conservative’ Solana Price Target, Says SOL ‘Virus’ Spreading Is Ahead

Venture capitalist Chris Burniske believes Solana (SOL) can soar to a four-figure price this market cycle. The former head of crypto at ARK Invest tells his 296,900 followers on the social media platform X that a bull market price target of $1,000 for Solana could be “conservative.” Burniske’s massive price target for Solana comes as […]

The post Investor Chris Burniske Unveils ‘Conservative’ Solana Price Target, Says SOL ‘Virus’ Spreading Is Ahead appeared first on The Daily Hodl.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Trader Says Top-10 Altcoin To Have a Strong Run in the Fourth Quarter, Updates Outlook on Celestia and Render

Trader Says Top-10 Altcoin To Have a Strong Run in the Fourth Quarter, Updates Outlook on Celestia and Render

A popular crypto trader and analyst thinks one Ethereum (ETH) rival is gearing up for a strong finish in 2024. The pseudonymous analyst known as Altcoin Sherpa tells his 217,900 followers on the social media platform X that Solana (SOL) has a healthy market structure and predicts a breakout for the top-10 altcoin before the […]

The post Trader Says Top-10 Altcoin To Have a Strong Run in the Fourth Quarter, Updates Outlook on Celestia and Render appeared first on The Daily Hodl.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Trader Says Ethereum Rival To Perform Well Over Coming Months, Updates Outlook on Bitcoin and Celestia

Trader Says Ethereum Rival To Perform Well Over Coming Months, Updates Outlook on Bitcoin and Celestia

A popular crypto trader thinks one Ethereum (ETH) rival is primed to perform well over the coming months. The pseudonymous analyst known as Altcoin Sherpa tells his 217,800 followers on the social media platform X that he’s “pretty neutral” on Solana (SOL) over the short term but more optimistic on the asset as 2024 winds […]

The post Trader Says Ethereum Rival To Perform Well Over Coming Months, Updates Outlook on Bitcoin and Celestia appeared first on The Daily Hodl.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Trader Predicts 231% Rally for Celestia (TIA), Updates Outlook on Bitcoin Bull Market Cycle

Trader Predicts 231% Rally for Celestia (TIA), Updates Outlook on Bitcoin Bull Market Cycle

A closely followed crypto trader is predicting a massive rally for modular blockchain network Celestia (TIA). Pseudonymous trader Criptopaul tells his 109,000 followers on the social media platform X that TIA could soar to $24, a more than 231% gain from the current value. “I accumulated a large amount of TIA here after predicting a […]

The post Trader Predicts 231% Rally for Celestia (TIA), Updates Outlook on Bitcoin Bull Market Cycle appeared first on The Daily Hodl.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

BNB, AR, XMR, and TIA set to rally — Will Bitcoin’s $70K breakout be the trigger?

Bitcoin price action could remain sideways for longer, but BNB, AR, XMR, and TIA may see some short-term gains.

Bitcoin (BTC) is facing resistance above the psychological barrier at $70,000, but a positive sign is that the bulls have not ceded much ground to the bears. Bitcoin is down marginally by just under one percent this week.

Bitcoin’s range-bound action over the past few days has not hampered investments into the spot Bitcoin exchange-traded funds. Farside Investors data shows more than $2.1 billion in net inflows into the Bitcoin ETFs since May 14. This suggests that the investors are accumulating Bitcoin, anticipating a breakout to the upside.

Veteran trader Peter Brandt is bullish on Bitcoin in relation to gold in the long term. In a post on X, Brandt said that the ratio of gold to Bitcoin is likely to remain volatile for another 12-18 months, but after that, the rally could hit a new high where 100 ounces of gold is needed to buy one Bitcoin. Currently, each Bitcoin is worth about 29 ounces of gold.

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Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Trader Says Render To Be One of Strongest Altcoins in Coming Weeks, Updates Outlook on Three Additional Altcoins

Trader Says Render To Be One of Strongest Altcoins in Coming Weeks, Updates Outlook on Three Additional Altcoins

A widely followed crypto analyst believes one artificial intelligence (AI) focused altcoin project is about to outperform the broader market. Pseudonymous crypto trader Altcoin Sherpa tells his 216,400 followers on the social media platform X that decentralized GPU rendering blockchain Render (RNDR) has a strong-looking market structure. “RNDR: still a fine place to just buy […]

The post Trader Says Render To Be One of Strongest Altcoins in Coming Weeks, Updates Outlook on Three Additional Altcoins appeared first on The Daily Hodl.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Crypto Trader Says Leading Memecoin About To Move ‘Up Only,’ Updates Outlook on Solana, Celestia and One Altcoin

Crypto Trader Says Leading Memecoin About To Move ‘Up Only,’ Updates Outlook on Solana, Celestia and One Altcoin

A closely followed crypto strategist believes that one memecoin is ready to witness mostly bullish price action. Pseudonymous analyst Inmortal tells his 212,700 followers on the social media platform X that Floki (FLOKI) looks primed to ignite bursts to the upside. Inmortal shares a chart suggesting that FLOKI had a failed breakdown after the meme […]

The post Crypto Trader Says Leading Memecoin About To Move ‘Up Only,’ Updates Outlook on Solana, Celestia and One Altcoin appeared first on The Daily Hodl.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum