Celestia faces multiple allegations, with over $100 million in reserves failing to prevent a significant decline in its ecosystem
Recently, a lengthy exposé revealed controversies involving Celestia executives cashing out, transferring benefits, and manipulating public opinion, causing this star project to fall into public scrutiny. Although its co-founder responded that these statements are FUD, the undeniable fact is that the activity level of the Celestia ecosystem and the performance of its tokens have both experienced a sharp decline, and market enthusiasm has cooled dramatically, putting the modular narrative to a severe test.