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news-imageMay 10, 2024

Celo Community Ratifies Plan to Use Optimism's OP Stack for New Layer-2 Chain

The vote passed with overwhelming support, with 65 addresses representing 14.6 million CELO tokens signaling approval for the measure.
Publisher: Coindesk
Sentiment: Positive
CELO
OP

More News Articles

Neutral
cover-imageThe Daily Hodl
December 3, 2024

Coinbase Refutes Accusations of Not Boosting Ethereum Scalability After Declining To Support Celo Migration

Digital asset exchange Coinbase is pushing back against accusations that it isn't supporting Ethereum's (ETH) scaling roadmap. The top US crypto exchange came under fire online after it announced last week that it wouldn't support Celo's (CELO) upcoming migration from a standalone layer-1 chain to an Ethereum layer-2.

Neutral
cover-imageTokenpost
December 2, 2024

FxWirePro- Token Unlock Tomorrow (OP)

Tomorrow, Immutable X (IMX) will unlock about 24.52 million IMX tokens, which constitutes approximately 1.47% of the circulating supply and is valued at around $41.68 million. This token unlock is part of a planned tokenomics strategy designed to foster the growth of the Immutable ecosystem.

Negative
cover-imageInvezz
November 29, 2024

CELO momentum weakens as Coinbase declines support for Celo's migration to L2

Layer 1 blockchain Celo (CELO) will migrate to layer 2 on 16 January 2025. The move, which has been ongoing for over a year, signals the increasing interest in L2 solutions to fight efficiency and scalability issues. Meanwhile, Coinbase's latest announcement to clients ahead of the transition has triggered conversations within the cryptocurrency community.

Negative
cover-imageCryptoSlate
November 28, 2024

Celo's token drops as Coinbase skips Layer-2 migration support

Celo, a prominent Layer-1 blockchain, has seen its native token dump 5% after its upcoming transition to an Ethereum Layer-2 network within Optimism's Superchain ecosystem turned “contentious.” On Nov. 27, Coinbase, the largest US-based crypto exchange, announced that it would not support Celo's migration into a Layer 2 network.

Positive
cover-imageThe Currency Analytics
November 20, 2024

Whales Hold 84% of Optimism (OP): What This Means for Its Price Surge

Optimism (OP) has been gaining attention in the crypto market, with some analysts predicting a 60% rally if the token can break through a critical resistance level. Michaël van de Poppe, a well-known crypto analyst, has identified that once OP clears its $1.83 resistance, it could see a rapid price surge, potentially pushing the token toward higher price targets.

Positive
cover-imageCrypto Daily
November 12, 2024

Crypto Price Analysis 11-12 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, BITTENSOR: TAO, OPTIMISM: OP, CHAINLINK: LINK

Bitcoin (BTC) catapulted to another all-time high, reaching $89,604 before declining marginally, as bulls set their eyes on $90,000 and $100,000. The euphoria over Trump's win shows no signs of waning, and BTC could hit $100,000 before the end of the year if the bull run continues at its current pace.

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