Celestia leads altcoin surge with 32% gain in 24 hours

Celestia’s TIA token jumped 32% in 24 hours on October 16, 2026. That put it at the front of a rally that lifted at least 15 altcoins by more than 10% over the same stretch. The move pushed TIA to approximately $0.69 to $0.70. Meanwhile, Bitcoin sat mostly still, trading around $82,000. When the biggest asset in the room stays calm, traders tend to go shopping for smaller ones. The numbers behind the rally The 32% daily gain lifted TIA’s market capitalization to an estimated $650 to $670 million. Trading volume over the same 24 hours landed somewhere between $168 million and $203 million. Bitcoin was changing hands near $82,100 as TIA picked up steam, and four of the top five tokens in the CoinDesk 100 posted price increases. The CoinMarketCap Altcoin Season Index climbed to 60 during the session. The index measures how altcoins are performing relative to Bitcoin, so a higher reading means the smaller names are pulling more of the weight. The rally also arrived with rising open interest and spot inflows behind it. Open interest tracks the total value of outstanding derivatives bets, and spot inflows reflect actual buying of the token itself. Both rising together suggests the move w...