Celestia's path to deflation is gaining traction, though it requires a meaningful shift in the economics. With annual DA fees sitting at $12.6m currently, the network needs this figure to sustain itself after cutting inflation by 70% down to 2.5%—a significant move that would reshape token dynamics.

The infrastructure build around Celestia is accelerating rapidly. Bullet is already running institutional perpetual futures on Celestia privately, signaling real institutional interest in the chain. Beyond that, several promising platforms are moving into production. Hibachi and Ethereal, which commands a substantial $1b in TVL, are already operational, with three additional major launches lined up for Q1 2026.

Market depth is improving too. The ecosystem is now seeing $345m in daily volume spread across six different platforms—a sign that liquidity is consolidating and the technical infrastructure needed to support serious trading is falling into place.