Celestia’s TIA token rose sharply as expectations surrounding the revised Sustainable Blob Economy proposal lifted demand. The token was initially reported up about 15.17% over 24 hours at $0.509, while the final update put the gain above 19% at $0.526. Trading volume exceeded $129 million in the 24-hour period after the proposal was announced on July 11. TIA also moved above its key exponential moving averages (EMAs), invalidating a trendline resistance that had held for months; the next notable resistance is around $0.625. Open interest, the value of outstanding derivatives positions, reached a monthly high of $83 million, indicating greater leveraged exposure. Short liquidations totaled $621,000 over 24 hours, five times long liquidations, adding pressure to bearish positions. The move also came as altcoins gained momentum, Bitcoin ETF inflows reached a record, and TIA continued to show a strong correlation with Bitcoin’s price action.