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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
EOS

More News Articles

Neutral
cover-imageThe Currency Analytics
December 12, 2024

EOS Price Prediction 2024-2030: Forecast and Analysis

EOS, a prominent cryptocurrency powered by the EOS.IO blockchain protocol, has seen a mix of ups and downs since its inception. Built to host decentralized applications (dApps), EOS has garnered attention due to its scalability and technological features.

Positive
cover-imageInvezz
December 4, 2024

Here's why the EOS, NEO, and BitTorrent prices are surging

Old-school cryptocurrencies are in a strong bull run this week, largely outperforming newer ones. EOS price jumped to a high of $1.5230, its highest level since September 22. It has jumped in the past five consecutive weeks and is up by 250% from its lowest level this year. NEO, another cryptocurrency, jumped to $26.

Positive
cover-imageThe Currency Analytics
December 4, 2024

EOS Market Cap Surpasses $1.7 Billion After 165% Surge

EOS, the native cryptocurrency of the open-source EOS Network, has recently achieved a significant milestone, with its market cap surpassing $1.70 billion for the first time since 2022. This surge comes after a dramatic 165% price increase over the past 30 days, pushing the price of EOS from $0.42 to $1.12.

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.

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.

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