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news-imageJuly 31, 2024

Tezos, Zilliqa, EOS, Celo, Velas and the fall from grace

The battle for the best blockchain for developers and users has been won by the likes of Ethereum, Solana, BNB Chain, Arbitrum, and Base. Many contenders who were hoping to take on Ethereum have faced substantial challenges and evolved into ghost chains.
Publisher: Invezz
Sentiment: Negative
CELO
XTZ

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Negative
cover-imageCryptopolitan
April 8, 2025

Zilliqa CEO resigns two months after security breach

Zilliqa has announced the resignation of CEO Matt Dyer, just two months after the blockchain platform suffered a security breach affecting its cross-chain bridge. In a statement posted on X, the company confirmed Dyer “has stepped down from his role as Chief Executive Officer of Zilliqa Technology.

Positive
cover-imageInvezz
April 3, 2025

Stables expands to North America, unveils gameplay enhancements

Stables, the Tezos-based fantasy horse racing game, is making its debut in the North American market through a partnership with Equibase, the official supplier of horse racing statistics in the US and Canada. The move marks a significant expansion for the French startup, allowing players to engage with real-life racehorses in a blockchain-powered virtual setting.

Positive
cover-imageThe Cryptonomist
March 26, 2025

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.

Positive
cover-imageCointelegraph
March 26, 2025

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.

Positive
cover-imageCrypto Economy
March 26, 2025

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.

Positive
cover-imageCoinPedia
March 26, 2025

Celo Transitions to Ethereum Layer 2

Celo has successfully migrated from a standalone Layer 1 blockchain to an Ethereum Layer 2 network, marking a major milestone after nearly two years of development. This upgrade boosts scalability, improves interoperability, and deepens integration with Ethereum's ecosystem. Block times have been reduced from 5 seconds to just 1 second, significantly enhancing transaction speed.

Positive
cover-imageInvezz
March 26, 2025

Celo's evolution: migration to Ethereum L2 complete

Celo has finalized migration from a standalone L1 platform to an Ethereum L2 blockchain. The transition represents a key landmark in Celo's evolution, improving interoperability, security, and the entire ecosystem while ensuring sustainability and accessibility. The countdown platform shows the migration completed on 26 March, with Celo Layer2 Mainnet activation at 31056500 block height.

Positive
cover-imageAltcoin Buzz
March 14, 2025

Sugarverse Raises $1M, Announces Sugar Match on Tezos L2

The company is on a mission to revolutionize blockchain gaming with a sustainable rewards model that benefits loyal players. This fresh funding will fuel the development of innovative Web3 games, starting with Sugar Match, set to launch this summer on Tezos Layer-2, Etherlink.

Positive
cover-imageThe Currency Analytics
February 21, 2025

Tezos (XTZ) Price Prediction 2025-2030: Forecast and Outlook

Tezos (XTZ) has steadily emerged as a significant player in the cryptocurrency space, known for its energy-efficient blockchain and scalability. Despite facing hurdles early in its journey, the network has made substantial progress and has quickly gained traction within the crypto community.

Neutral
cover-imageThe Currency Analytics
February 13, 2025

Tezos (XTZ) Price Prediction 2025-2031: Long-Term Outlook

Tezos (XTZ) emerged in 2018 as a promising blockchain platform focused on decentralized applications (dApps) and smart contracts. Initially, Tezos gained traction for its energy-efficient proof-of-stake (PoS) consensus model, which contrasted sharply with the more power-intensive proof-of-work (PoW) systems.

Positive
cover-imageThe Currency Analytics
January 29, 2025

Tezos Price Prediction 2025-2031: Future Outlook for XTZ

Tezos (XTZ) has been a prominent player in the crypto space since its inception in 2018. Known for its focus on smart contracts, decentralized applications (dApps), and an eco-friendly proof-of-stake (PoS) consensus mechanism, Tezos has steadily garnered attention.

Positive
cover-imageThe Currency Analytics
January 24, 2025

Tezos Price Prediction 2025-2031: Long-Term Outlook for XTZ

Tezos (XTZ) has established itself as a significant player in the cryptocurrency space, primarily due to its innovative proof-of-stake (PoS) consensus mechanism. The platform supports decentralized applications (dApps) and smart contracts, making it a strong contender in the blockchain market.

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