Celo Completes Migration to Ethereum Layer 2

The mobile-first blockchain Celo has accomplished its transition to Ethereum Layer-2 after two years of improvement, because the final step on its path from a person blockchain to an interoperable community.

Celo has migrated to an Ethereum Layer-2 on Optimism’s OP Stack. It’s leveraging EigenDA, the information availability protocol developed by EigenLayer. Due to this, it says, Celo has returned to the Ethereum ecosystem with “renewed capabilities and objective.”

With the improve to an Ethereum Layer 2, the Celo Layer 1 shopper has stopped syncing and the Layer 2 shopper has taken over, in response to the three March announcement. “This isn’t simply an improve. It’s a return residence,” the cLabs crew wrote.

Gm ☀ blissful L2 day to all who have fun 🥳 https://t.co/QgwZZTi0xp

— Rene | Celo ◘ 🦇 (@RegenRene) March 25, 2025

Celo Token Now Native to Ethereum

Celo developer cLabs initially proposed the transition in July 2023. The crew adopted this up with a collection of testnets in July and September 2024, in addition to February 2025.

In line with Rene Reinsberg, Celo co-founder and Celo Basis President, the migration is “a pure development” in direction of the purpose of making “the situations of prosperity for all” and “platforming a strong onchain economic system for the longer term.”

Subsequently, by using Ethereum’s infrastructure, Celo has now boosted safety and interoperability for thousands and thousands of every day customers, Reinsberg added.

The CELO token now additionally lives natively on Ethereum. CELO on L2 represents tokens bridged from Ethereum, the announcement says.

“Since launch, Celo has maintained shut alignment with Ethereum, and we’ve all the time seen ourselves as a cultural extension of the group with a wealthy Regen tradition and concentrate on cellular DeFi purposes,” stated Marek Olszewski, Celo Co-Founder and cLabs CEO.

“Migrating to a Layer 2 marks an thrilling return residence for Celo, combining one of the best of the networks’ benefits to scale Web3 with world attain and continued affect,” he added.

You may also like Vitalik Buterin Lauds Current Strides in Celo Community

Celo Migrating an Ecosystem

The chain will not be transitioning alone. Below its umbrella is an ecosystem of over 1,000 tasks that at the moment are on the Ethereum community.

Celo has built-in common infrastructure. This consists of Uniswap, Curve, Chainlink, RedStone, Hyperlane, LayerZero, Wormhole, Axelar, Rarible, Infura, Quicknode, Alchemy, ThirdWeb, Self, and Aave v3.

Day 1 companions are node suppliers, RPC suppliers, indexers, bridges, and exchanges which have dedicated to upgrading inside two hours of the primary Layer-2 block. The record consists of Alchemy, Hyperlane, Wormhole, Binance, Coinbase, Bitfinex, Kraken, Gate.io, Upbit, and extra.

2/ @CeloDevs will now have entry to Supernode: Alchemy's scalable, always-on node API infrastructure
Builders will quickly have entry to further tooling, incl.:
→ Token API: Simply entry token balances & metadata
→ Transfers API: Simplify asset motion monitoring

— Celo.eth 🦇 🌳 (@Celo) March 24, 2025

Per the crew, the customers will profit from improved interoperability, quick transactions, and low charges averaging $0.0005. Celo additionally allocates a portion of each transaction price to carbon offsetting and sustainability tasks.

Amongst different enhancements, Celo’s core capabilities will see block instances growing to at least one second in comparison with the sooner 5 seconds.

The platform will preserve its signature options, it provides, equivalent to SocialConnect, permitting funds utilizing only a telephone quantity. One other is price abstraction, enabling transaction charges to be paid with ERC-20 tokens, together with USDT and USDC.

Moreover, a local bridging with Ethereum will decrease the reliance on exterior bridges, thus growing safety. The crew famous that that is essential for the thousands and thousands of Celo’s customers worldwide who make the most of the chain for on a regular basis use circumstances. Examples embody greenback stablecoin financial savings in Opera’s MiniPay Pockets, sending crypto through Valora, and capturing environmental information onchain to earn cash with GainForest.

That is superb to see. Enhancing worldwide entry to fundamental funds/finance has all the time been a key method that ethereum will be good for the world, and it's nice to see @Celo getting traction.
See additionally their current posts:
* @Celo changing into an Ethereum L2: https://t.co/08U7G7q69s
*… https://t.co/Qq7vcmZ6e3

— vitalik.eth (@VitalikButerin) September 25, 2024

In the meantime, protocol-level adjustments embody the evolution of the validator tasks from working the consensus protocol to briefly working group RPC nodes. Validator rewards at the moment are distributed by means of good contract execution as a substitute of at epoch blocks.

Lastly, a centralized sequencer will function transaction sequencing and can transition to decentralized sequencing “sooner or later.” Previous to the migration, this was decided by validators working the consensus protocol.

You may also like Aave V3 is Now Reside on Celo

The put up Celo Completes Migration to Ethereum Layer 2 appeared first on Cryptonews.

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