Celo, the blockchain network launched in 2020, has officially transitioned from a layer-1 chain to an Ethereum layer-2 protocol. Celo first proposed this transition in the summer of 2023, and it ...

The Celo blockchain's long-awaited plan of becoming an Ethereum layer-2 chain has been completed, ending an almost two-year process, the main organizations behind the network said Wednesday.

Celo has successfully transitioned from a standalone layer 1 blockchain to an Ethereum layer 2 platform using Optimism’s OP Stack and EigenDA for data availability. The migration was finalized on ...

Celo transitions from Layer-1 to Ethereum Layer-2 using Optimism’s OP Stack, enhancing security and Ethereum compatibility. The upgrade reduces transaction times to one second while keeping Celo’s ...

Celo has finalized transitions from L1 to an Ethereum L2 solution. The move follows a July 2023 proposal by the project’s key developer. The updated network will leverage Ether’s security and ...

The CELO token now also lives natively on Ethereum and represents tokens bridged from this massive chain. Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide ...

Celo has become a layer-2 network on the Ethereum blockchain. The migration comes nearly two years after the initial proposal. Celo’s native token gains bullish momentum . Celo, which was first ...

Celo’s move to Ethereum Layer-2 enhances scalability, reduces block times to 1 second, and introduces native Ethereum bridging while maintaining its hallmark low-cost transactions and rapid settlement ...

Celo has completed its migration to Ethereum Layer 2, bringing faster block times and native cross-chain bridging support. Celo teams up with Alchemy to give developers stronger tools and smoother ...

The current price of Celo (CELO) is $0.355138, as of Mar 29, 2025. Over the last 24 hours, the price has moved by -7.38%, with a change of -1.38% in the past hour. For longer-term performance, the ...

For instance, EigenLayer strengthens the Mantle Network by providing high throughput and censorship resistance, while Celo’s Aave v3 integration expands decentralized lending with lower fees.