Gate's native token, TIA, is facing renewed selling pressure, potentially heading towards new all-time lows—erasing gains made in early 2024.

The decline in 2025 has been particularly sharp. At this rate, TIA might lose all the progress it achieved in 2023 and 2024.

This downturn has caught many off guard. Gate was—and still is—viewed as a key player in the modular blockchain space.

Investor enthusiasm was high before TIA's launch, with prices soaring from $2 in November 2023 to a peak of $21 in late January 2024. However, since then, the token has steadily declined.

Selling pressure remains intense. If the current trend continues, TIA could drop below $1.5.

Analysts are exercising caution, warning that the ongoing death spiral might worsen in the coming weeks.

A major contributing factor is the aggressive token unlock schedule, which has caused a disconnect between TIA's price and its market capitalization.

Despite falling from $21 to under $2, TIA maintains a market cap exceeding $1 billion—roughly a third of its all-time high—due to the massive release of tokens.

With supply still on the rise, some analysts view TIA as a risky investment, even with major updates like the Ginger upgrade and the $100 million ecosystem fund planned for late 2025.