Celo is transitioning to an Ethereum Layer 2, offering mobile-based, EVM-compatible, carbon-negative, localized stablecoins, and rewards for securing the ecosystem via staking and governance.
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Celo is evolving from a standalone EVM-compatible Layer 1 blockchain to an Ethereum Layer 2 solution. It was created to unlock a new realm of financial opportunities accessible through mobile devices, aiming to build a global financial ecosystem where users can join the Celo network simply by using their mobile numbers. Key features of Celo include a Layer-2 protocol, EVM compatibility, Proof-of-Stake consensus, carbon negativity, mobile-first identity, ultra-light clients, localized stablecoins (cUSD, cEUR, cREAL), and the ability to pay gas fees in various currencies. Celo simplifies sending payments to anyone with an internet connection, anywhere in the world, by mapping phone numbers to wallet addresses via a decentralized identity layer. Mobile users can also earn rewards by helping s...
As of now, Celo is trading at 0.41 USD, with a 24-hour trading volume of approximately 4.34M USD. The CELO to USD price is updated in real time. Over the past 24 hours, Celo has decreased by 3.07%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 233.97M USD. Currently, there are 570 648 764 CELO in circulation out of a maximum supply of 1 000 000 000 CELO.
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
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