Validators process transactions and receive fees from users (supply-side fees). DA costs for users are reflected in the transactions fees paid.

Celestia is a proof of stake blockchain optimized for data availability (DA). Celestia was founded by Mustafa Al-Bassam, etc. and launched in 2023.

TIA holders own and govern the protocol. They currently do not take a cut of the total transaction fees paid by users (revenue). Celestia's investors include Polychain Capital, Placeholder, Coinbase Ventures, etc.

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Blockchains (L1)

Celestia

# Celestia Token holders Methodology

## 1. Overview

Token holders is measured as the total number of unique addresses that maintain a non-zero balance of the Celestia native asset. This metric is utilized to track the growth, adoption, and decentralization of the holder base over time. By monitoring the number of unique wallets with an active balance, the scale of the network's participant base is evaluated.

## 2. Data sources

- **Blockchain events**: Native account balances from Celestia, covering Celestia

## 3. Step-by-step calculation

### Component A: Address balance filtering

- **Purpose**: Identify all network participants with an active holding in the native asset.
- **Logic**: Account records from the Celestia blockchain are parsed to isolate entries where the native asset balance is greater than zero. This filtering ensures that only addresses currently holding the asset are included in the calculation, while addresses with zero balances are excluded.
- **Key fields**: `account_address`, `balance`

### Component B: Unique address aggregation

- **Purpose**: Determine the total count of distinct holders.
- **Logic**: A distinct count of unique account addresses is performed on the filtered dataset. This process ensures that each participant is counted only once regardless of the number of transactions or state changes associated with the address during the period.
- **Key fields**: `account_address`

### Component C: Normalization and finalization

- **Purpose**: Standardize the data for time-series analysis and reporting.
- **Logic**: The aggregated counts are grouped by day and associated with the canonical project identifier for Celestia. Values are cast to the appropriate numeric precision, and any missing daily intervals are handled to ensure a continuous data series. All timestamps are aligned to UTC day boundaries.
- **Key fields**: `timestamp`, `tokenholders`

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Unique addresses holding a non-zero balance of the project's native token.

CelestiaTIA

Token holders

Token holders

Competitive landscape