The aspect is not formed by general smart contract call volume, but by rollup and demand for blob data that modular chains publish to Celestia. Based on official documentation, TIA is used for blobspace payments, PoS staking, governance, and gas token bootstrapping of new rollups. 1. Data availability, DA on-chain state mapping: exists. Indirectly maps to the data root of the block header, BlobTx, MsgPayForBlobs, namespace, and share commitment. Definition: It is a problem of verifying that block data is actually published and available for download, and Celestia separates this into modular layers. Function: Allows rollup to publish transaction data...
Celestia has mature modular DA technology and rollup integrations, but low fee revenue and TIA value capture remain maturity bottlenecks.
Investment View
The key investment question is whether paid DA demand turns into fees and security budget, not just throughput announcements.