TIA Token News: Celestia’s ‘Matcha’ Upgrade Preps Network for Cross-Chain Future

The data availability blockchain Celestia rolled out its largest software upgrade yet, named 'Matcha,' designed to significantly boost network capacity and refine token economics. Technically, the upgrade increases the maximum block size from 8 MB to 128 MB and alters data propagation methods to achieve much higher throughput, preparing Celestia to handle increased data loads as a routing layer for other applications. Economically, the Matcha upgrade cuts the annual token inflation rate from approximately 5% down to 2.5%. Furthermore, it removes a "token filter" for cross-chain bridges, facilitating easier movement and routing of non-TIA assets through the Celestia layer, signaling its ambition to become a primary layer for cross-chain data availability. Following the announcement, Celestia's native token, TIA, saw a roughly 6% increase in the last 24 hours, though it remains significantly down from its all-time high.

(Source：CoinDesk)