Celestia Achieves 1 GB Blocks, Raises $100 Million, Offers Solana-Level Finality

Celestia has announced a significant milestone in the blockchain industry with the development of 1 gigabyte blocks. This advancement positions Celestia as a leading high-throughput data availability (DA) layer, offering Solana-level finality and verifiability. The modular approach adopted by Celestia is set to innovate and disrupt the industry, providing abundant blockspace and enhancing the capacity to rival multiple Visa networks in parallel. The announcement also highlights a $100 million fundraise, further solidifying Celestia's role in the modular blockchain ecosystem. With this development, core devs can now focus on the roadmap, which includes modularity and content-addressable mempool.