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About Celo
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Celo
About Celo
Celo (CELO) is a cryptocurrency launched in 2017. Celo has a current supply of 1,000,000,000 with 565,268,025 in circulation. The last known price of Celo is 0.3297259 USD and is down -3.33 over the last 24 hours. It is currently trading on 303 active market(s) with $32,351,989.12 traded over the last 24 hours. More information can be found at https://celo.org/.
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Celo Markets
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Celo latest News
Keep up with what's happening in the crypto world in real-time.
Ethereum's Pectra Testnet Launches, Celo Migrates to Layer-2, and Bitcoin DeFi Eyes Zero-Knowledge Future
Ethereums highly anticipated Pectra upgrade has entered its final testing phase on the new Hoodi testnet. This crucial step comes after failed finalization attempts on Holesky and Sepolia, prompting developers to create Hoodi for a fresh run-through.
Celo becomes a Layer-2 of Ethereum: transition completed successfully
Celo has officially completed the transition from layer-1 blockchain to layer-2 protocol on Ethereum on March 26, 2025. The move was announced through a post on X, in which the platform highlighted the main technical innovations. Among these, blocks with a time of one second, transaction costs lower than a cent, and the use of USDt (USDT) and USDC (USDC) as gas stand out.
Celo becomes Ethereum L2 with Optimism rollup implementation
Celo, the blockchain network launched in 2020, has officially transitioned from a layer-1 chain to an Ethereum layer-2 protocol.Celo announced the successful transition in a March 26 X post, stating that “Celo is officially an Ethereum layer 2” protocol. In the thread, the organization claimed the new protocol features one-second blocks, sub-cent transaction costs, and Tether's USDt (USDT) and USDC (USDC) as gas.
Celo's Shift to Ethereum Layer-2 Concludes Nearly Two Years After Initial Proposal
Celo, a blockchain first established as a standalone layer-1 network, has officially transitioned to an Ethereum layer-2 solution.
Celo Upgrades to Layer 2, Enhancing Security and Transaction Speed
TL;DR Ethereum Layer 2 Transition: Celo shifts from a standalone L1 blockchain to an Ethereum L2 network using optimistic rollups, leveraging Ethereum's robust security and ecosystem. Boosted Performance: The upgrade reduces block times from 5 seconds to 1 second, enhancing scalability, interoperability, and low-cost transaction speed. Strengthened Ecosystem: With key partnerships (Aave, Uniswap, etc.
Celo Completes Migration to Ethereum Layer 2 for Faster and Cheaper Transactions
Celo transitions to Ethereum L2 with 1 seconds block time and $0.0005 fees Migration enables native bridging, boosts speed, and lowers security risks Vitalik and Coinbase support Celo's shift to enhance Ethereum integration
