Celestia ranks #40 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #105: 65 of the 104 assets ahead of it are not native coins but tokens or claims. A token is issued on a host blockchain rather than running its own; a claim stands for an asset already counted. Of the 91 non-native assets CoinSpectrum lists above it by market cap, about 57% are claims on other assets, 38% are tokens and 4% are memecoins.
| CoinSpectrum Grade | C · 62/100 · provisional |
|---|---|
| Rank among cryptocurrencies | #40 |
| Rank counting claims | #105 |
| Market capitalisation | $528M |
| Price | $0.5351 |
| Circulating supply | 986,723,598 TIA |
| Maximum supply | no fixed cap |
| Consensus family | Proof of Stake |
| Consensus mechanism | Tendermint (CometBFT) |
| Ledger type | Single-asset ledger |
| Launch distribution | Presale |
Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.
C — 62 out of 100, provisional (from 19 of 20 criteria, 28 October 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 59 to 64 (C to B).
| Criterion | Score | Basis |
|---|---|---|
| Leading Consensus Mechanisms (Source) | 9.1 | group average |
| Consensus: leader ladder | 9.1 | Proof of stake: 9.1 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| Consensus: family ladder | 9.1 | Proof of stake: 9.1 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Cryptocurrency Standards (Source) | 5.3 | group average, 12 of 13 measured |
| Sound Money Qualities (6 checks) | 7.3 | 4.4 of 6 points source |
| Scarcity: a fixed cap that holds, and a supply near 21 million | 3.9 | no fixed maximum; 987 million in circulation: supply scale 7.8, cap 0 |
| Durability: five years or more with no halt, freeze or reversal | ✗ | 2 full years since its first recorded price, no halt, freeze or reversal in five years |
| Fungibility: every unit interchangeable, none the protocol can freeze or set apart | ✓ | no authority can freeze, blacklist or set apart a coin |
| Divisibility: the smallest unit worth a cent or less | ✓ | 6 decimal places, the smallest unit worth $5.4e-7 |
| Portability: fees of a cent or less and capacity for real demand | ✓ | typical fee $0.0001; about 39,000 transactions a second (10 on the throughput scale; 5 is the busiest networks' median demand) |
| Verifiability: open-source nodes and checking without a trusted server | ✓ | node software open source; light clients verify from headers or proofs |
| Privacy (5 checks) | 2 | 1 of 5 passed source |
| Whitepaper privacy: keys are not tied to an identity | ✓ | Any key can hold and send TIA; the Cosmos SDK bank and auth modules carry no identity check. |
| UTXO ledger: a new key for each payment, no account linking every coin | ✗ | |
| Network-level privacy: the node hides where a transaction came from (Dandelion++, Tor or I2P, on by default) | ✗ | CometBFT mempool gossip relays transactions directly. |
| Hidden amounts (confidential transactions, RingCT, shielded pools, Mimblewimble) | ✗ | No confidential transactions. |
| Hidden sender and receiver (ring signatures or zero-knowledge proofs, one-time or stealth addresses) | ✗ | No sender or receiver hiding. |
| Scalability (fees, throughput, block time, block space, features) | 8.3 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $0.0001 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5) | 10 | about 39,000 simple transactions a second |
| Block time (10 minutes 10, less either side) | 1.6 | a block every 2.85 seconds |
| Block space per 10 minutes (32 MB or more 10) | 10 | 33.6 MB limit, 7060 MB per 10 minutes |
| Features (3 checks) | 10 | 3 of 3 passed |
| Payments safe to accept within seconds | ✓ | CometBFT gives deterministic single-block finality with blocks of about 3 seconds. |
| Pruned nodes: a full node can validate and drop old history | ✓ | Cosmos SDK pruning in celestia-app and pruned bridge/light nodes keep only recent data. |
| Light clients verify payments from headers or proofs, without a trusted server | ✓ | celestia-node light nodes verify headers and run data-availability sampling (mainnet since Oct 2023). |
| Security (miner pay and 7 checks) | 5 | 5 of 9 points source |
| Miners paid a day ($1,000 0, $10 million or more 10), 2 points | 0 | not mined |
| Its own hashrate: at least half its algorithm's largest, not merge-mined | ✗ | not mined |
| Largest pool or validator under 50% | ✓ | 12.2% |
| Largest three under 75% | ✓ | 21.9% |
| More than one maintained client | ✗ | 1 |
| Node software is open source | ✓ | celestia-app and celestia-node (Apache 2.0) are developed by Celestia Labs, which employs nearly all core developers. |
| Real on-chain use: 1,000+ transactions a day | ✓ | about 140,000 a day |
| No 51% attack or deep reorganisation in five years | ✓ | |
| Programmability (tokens, contracts, 5 checks) | 2.2 | 2 of 9 points source |
| Token issuance | 0 | No token issuance on the chain itself |
| Smart contracts | 0 | A data-availability chain whose state machine handles PoS and governance only; no CosmWasm or EVM in celestia-app 10. |
| Multisig and time locks | ✓ | Native Cosmos SDK multisig accounts and vesting accounts that lock funds until set times. |
| Atomic swaps with other chains | ✗ | No hash-locked contract or HTLC module to express a swap. |
| An exchange built into the protocol | ✗ | No exchange module. |
| Cross-chain messaging the chain verifies itself | ✓ | IBC (ibc-go v8) light-client channels (over 700) plus the Hyperlane module built into celestia-app. |
| Non-fungible tokens | ✗ | No NFT module or contract platform. |
| Decentralisation | 5.5 | section average, 7 of 8 measured |
| Censorship resistant (Source) | 10 | No authority can halt the chain or freeze funds: No protocol party can freeze or claw back TIA or halt the chain at will. source |
| No central team (Source) | 0 | A central team directs it: celestia-app and celestia-node (Apache 2.0) are developed by Celestia Labs, which employs nearly all core developers. source |
| Who can mint (Source) | 8.6 | Proof of stake: 8.6 of 10 on the ladder of who produces blocks |
| Nodes (Source) | 6.6 | 96 active validators or block producers (source: celestia-rest.publicnode.com) |
| Holder concentration (Source) | — | Not yet measured |
| Premine (allocated at launch) | 1.5 | 84.7% of today's supply allocated at launch to founders, a company, a foundation or investors. 1B TIA allocated at the Oct 2023 genesis (public allocation 20%, R&D/ecosystem 26.79%, Series A&B backers 19.67%, seed backers 15.90%, core contributors 17.64%), against 1,180,278,184 TIA on-chain supply (Celestia REST, 2026-10-23). source |
| Fundraising | 1.5 | Sold by its issuer or insiders: 84.7% of supply was theirs to sell, 31.7% sold so far. Seed (15.90%) and Series A&B (19.67%) backers bought 355.7M of the 1B genesis TIA; in September 2024 the Celestia Foundation raised $100M led by Bain Capital Crypto, with TIA trading around $5-6, so roughly 16M-20M TIA. ~373.7M / 1,180.28M on-chain supply (Celestia REST, 2026-10-23) = 31.7% (range 31.5%-31.8%). Seed and Series A&B investor rounds received 35.57% of genesis supply combined. source |
| Developer share (after launch) | 10 | Developer share: about 0.31% of today's supply received so far; 2% of each new block reward goes to them today. The Cosmos community pool receives 2% of all block rewards (distribution community_tax 0.02), per Celestia's docs since genesis (Oct 2023). Arithmetic: on-chain supply 1,180.28M minus 1,000M genesis = 180.28M issued; x 2% = 3.61M TIA = 0.31% of supply. source |
| Supply & Demand | 8 | group average |
| Supply & Demand (Source) | 8.1 | average of 6 measures |
| Exchanges (10 or more: 10) | 10 | 40 exchanges |
| Daily volume ($10K 0, $1B or more 10) | 7.1 | $16,700,819 traded in 24 hours; #66 by volume on the exchanges the site reads (scored on the median day of the last 30, $36,148,720) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 9.3 | 6.7% of its market cap a day, median of the last 30 days |
| Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10) | 9.3 | $3,331,696 within 2% of the price on 9 exchanges, 0.63% of its market cap, median of the last 2 days |
| Market cap ($1M 0, $10B or more 10) | 6.8 | $528M, 6.8 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | 6 | futures, options and margin positions 16% of its market cap |
| Supply (smaller is better) | 7.8 | no fixed maximum; 987 million in circulation |
| Record | 6.7 | group average |
| Record (origin, claims, halts) | 10 | 3 positive, 0 negative source |
| Positive record | ||
| Launched with a stated purpose, not as a joke | ✓ | |
| No claims by its founders that contradict its own design | ✓ | |
| No halt, freeze or reversal in five years | ✓ | |
| Age (years since genesis) (Source) | 2 | 2 full years since 2023-10-31, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, improvements, unfixed issues) | 8 | 3 positive, 0 negative, 1 not yet researched source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | 2,640 commits in 12 of the last 12 months (github.com/celestiaorg/celestia-app); celestia-app v10.5.0 released 2026-10-22. |
| Shipped a scaling upgrade in two years, +1 | ✓ | Matcha (celestia-app v6), late 2025: larger blocks toward 128 MB; max_bytes now 32 MiB. |
| Shipped a new capability for users in two years, +1 | ✓ | Lotus (v4), 28 Jul 2025: native TIA interoperability via Hyperlane. |
| Not yet researched | ||
| Shipped a security fix in two years | – | |
Twenty criteria, weighted equally. The Cryptocurrency Standards have six sections: sound money qualities (six checks: scarcity, durability, fungibility, divisibility, portability, verifiability), privacy (five checks), scalability (four measures and three features), security (miner pay and seven checks), programmability (token issuance, smart contracts and five checks) and decentralisation (censorship resistance, no central team, who can mint, nodes, holders, premine, fundraising and developer share). Provisional: criteria marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.
986,723,598 TIA are in circulation, against no fixed cap — issuance has no defined end.
| Premine (allocated at launch) | 84.7% of today's supply |
|---|---|
| Sold by the issuer or insiders | 31.7% of today's supply |
| Developer share received since launch | 0.31% of today's supply |
| Developer share of new coins today | 2% |
| Nodes or validators | 96 |
| Fundraising | Private or venture funding |
1B TIA allocated at the Oct 2023 genesis (public allocation 20%, R&D/ecosystem 26.79%, Series A&B backers 19.67%, seed backers 15.90%, core contributors 17.64%), against 1,180,278,184 TIA on-chain supply (Celestia REST, 2026-10-23).
Seed and Series A&B investor rounds received 35.57% of genesis supply combined.
Seed (15.90%) and Series A&B (19.67%) backers bought 355.7M of the 1B genesis TIA; in September 2024 the Celestia Foundation raised $100M led by Bain Capital Crypto, with TIA trading around $5-6, so roughly 16M-20M TIA. ~373.7M / 1,180.28M on-chain supply (Celestia REST, 2026-10-23) = 31.7% (range 31.5%-31.8%).
The Cosmos community pool receives 2% of all block rewards (distribution community_tax 0.02), per Celestia's docs since genesis (Oct 2023). Arithmetic: on-chain supply 1,180.28M minus 1,000M genesis = 180.28M issued; x 2% = 3.61M TIA = 0.31% of supply.
Sources: docs.celestia.org · theblock.co · celestia-rest.publicnode.com · docs.celestia.org · celestia-rest.publicnode.com. Researched 2026-10-24, medium confidence.
No SEC/CFTC determination — unclassified.
The regulator's position, reported as stated, not CoinSpectrum's. Assets nobody has ruled on are left unclassified rather than sorted by a guess.
Celestia is #40 among cryptocurrencies and #105 in the market ranking, which lists wrapped coins, staked derivatives, stablecoins and tokens alongside them. CoinSpectrum counts an asset once, and counts only cryptocurrencies: assets with their own blockchain and their own consensus. A wrapped coin, a staked derivative or a stablecoin is a claim on something already counted; a token, memecoin or otherwise, runs on another chain's blocks. All of them are listed, each in its own section, and none is added to the total. The 65 places between Celestia's two ranks are held by claims and tokens, not by other networks. The methodology sets out the rule and the counting rule argues for it.
The price above is the median of the exchanges the site reads live, checked every minute and cross-checked against a market snapshot (how market data is gathered). The grade is scored on published criteria, each with its source (the method). The site is independent, nothing on it is a paid placement, and its statements are signed (about CoinSpectrum, the manifesto).
See the 2 wrapped and staked claims on Celestia →