Celo marks its fifth anniversary with a vision for a trillion-dollar onchain economy by 2030, focusing on stablecoins, identity standards, and sustainable development.
Tezos is rapidly emerging as a DeFi and Web3 leader with major upgrades, developer tools, and real-world crypto payment use.
Here is how some of your favorite assets concluded the week.
Exaion, backed by EDF Group, joins Etherlink as a validator, signaling broader institutional interest in Tezos and enhancing network stability.
Exaion, a subsidiary of French electric utility giant EDF Group, is now a validator of Etherlink, the Tezos-powered layer 2 blockchain.
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.
Zilliqa CEO Matt Dyer steps down as the team focuses on delivering Zilliqa 2.0 following recent bridge recovery efforts.
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.
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 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, 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, a blockchain first established as a standalone layer-1 network, has officially transitioned to an Ethereum layer-2 solution.
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 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
Celo, which was first launched as a proof-of-stake layer-1 blockchain in April 2020, has officially become an Ethereum layer-2 network after its long-awaited hard fork. The successful migration was completed nearly two years after Celo's initial proposal in July 2023.
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.
Celo has officially transitioned from a standalone EVM-compatible Layer-1 (L1) blockchain to an Ethereum Layer-2 (L2), marking a significant milestone for the blockchain ecosystem.
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.
The transition ends a long journey beginning back in July 2023 and a fierce competition, won by Optimism, convincing the Celo ecosystem to build with their tech.
The Layer 2 development utilized the OP Stack from Optimism, migrating Celo into an optimistic rollup chain.
Celo's integration as an Ethereum layer 2 enhances scalability, security, and interoperability, potentially boosting Web3 adoption and innovation. The post Celo returns home to Ethereum as layer 2, migration completed appeared first on Crypto Briefing.
Celo has completed the migration to Ethereum Layer 2 after two years of development, transitioning from an individual blockchain to an interoperable network. The post Celo Completes Migration to Ethereum Layer 2 appeared first on Cryptonews.
Coinbase has announced its support for Celo's migration from a standalone Layer-1 blockchain to an Ethereum Layer-2 network.
Tezos introduces the Trailblazers program, inviting builders, creators, and changemakers to contribute to the ecosystem's growth through various impactful missions.
Aave v3 has launched on Celo, expanding DeFi access to Celo's mobile-first users and opening the platform to broader user growth.
The Aave deployment on Celo allows builders and users globally to borrow, lend, and earn yield with “sub-cent” transaction costs and one-block finality. The post Aave V3 is Now Live on Celo appeared first on Cryptonews.
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.
Skurpy, a new social media hub and NFT marketplace, is set to launch on March 13th, integrating Tezos blockchain technology to offer innovative features for creators and users.
Etherlink has deployed its third protocol upgrade, Calypso, on mainnet to bring a massive performance boost to the Tezos layer 2 network.
While altcoins record significant declines, the Zilliqa team has supercharged its community with a key announcement. The blockchain braces for a tokenomics overhaul as it ushers in Zilliqa 2.0 this week. The upgraded model will enrich the blockchain's infrastructure with lucrative Annual Percentage Rates for ZIL stakers and reduced inflation.
Cryptocurrency exchange Binance again captured noteworthy market attention with its latest update on 6 tokens this Tuesday. Notably, the exchange revealed that it is updating the leverage and margin tiers for RARE, AXS, ZEN, XTZ, SAGA, and CATI.
Tezos has experienced big price dips but investors are still optimistic in this blockchain network's native token. Will it survive and recover its price in the future, let's find out.
Tezos' Etherlink unveils Calypso, its third protocol upgrade proposal, promising significant performance improvements and seamless governance integration.
TL;DR Etherlink, a Layer 2 blockchain built on the Tezos network, has officially transitioned from its beta phase to the mainnet. This milestone marks a significant step forward for the platform, which aims to enhance the scalability and efficiency of dApps on Tezos.
Stablecoin interoperability is becoming a major driving force for developers seeking to ease the cost and settlement burden of transactions.
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.
Story Highlights The live price of the Tezos token is The XTZ price could soar as high as $2.65 in 2025. Tezos price, with a potential surge, could hit $9.36 by 2030. Tezos road to stardom was not an easy one, given the challenges, the coin has fast gained ground.
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.
"We are thrilled to take this next step with the support of our investors," Fraktion's CEO said.
Etherlink's adoption surged with Web3 gaming and DeFi projects, driving NFT growth, while Tezos' Layer 1 activity declined by 5%.
In Q4 2024, Tezos's Etherlink, the EVM-compatible Layer 2 solution, saw its contract deployments surge by 184%.
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.
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.
Tezos has activated the Quebec upgrade, introducing faster block times, improved staking, and refined economic mechanisms, strengthening its blockchain performance and decentralization.
Tezos has successfully implemented its 17th protocol upgrade, Quebec, marking another milestone in the blockchain's evolution. The upgrade introduces faster transaction speeds, improved staking mechanics, and refinements to token issuance, all aimed at enhancing the blockchain's functionality and sustainability.
Zilliqa has resumed operations again after facing its third outage within the space of 1 month.
The Zilliqa team announced service resumptions on January 16 after disruptions that affected synchronizations, preventing transactions from “reaching the blockchain for processing.” Meanwhile, the team guaranteed user funds safety during the downtime, urging them to use the on-chain navigator ViewBlock.io to verify balances.
Zilliqa's repeated struggles with bugs and outages impact its future as a high-throughput blockchain? On Jan.