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news-imageSeptember 26, 2024

Celo Challenges Tron's Leadership in Active Stablecoin Addresses

The CELO token has rallied nearly 20% in the past 24 hours.
Publisher: Coindesk
Sentiment: Positive
CELO
TRX

More News Articles

Positive
cover-imageCoinPedia
March 27, 2025

TRON Takes the Lead in Crypto Fees: Can TRX Hit $0.40 in April?

Key Takeaways: TRON leads fee collection, generating $53.16M last month, surpassing Solana ($31.7M) and Ethereum ($25M). Active users exceed 290M, with 1.5M daily active users on average. TRX price consolidates bullishly, with $0.22 as key support and $0.30 as major resistance. Whale activity rises, with large transactions up 12% month-over-month. The transaction volume at $10.

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-imageBeInCrypto
March 25, 2025

Justin Sun: TRON Meme Season 2.0 Embodies the Community-Driven Spirit of Web3

HTX, a leading global crypto exchange, has once again drawn market-wide attention following the launch of TRON Meme Season 2.0, sparked by a viral tweet from Justin Sun, Founder of TRON and Global Advisor to HTX. The announcement has fueled renewed interest in TRON-based meme tokens, reaffirming TRON's position as a hub for innovation and high-performance infrastructure.

Neutral
cover-imageTokenpost
March 25, 2025

Tron, Tether, TRM Labs Freeze $9M in ByBit Hack Funds Amid Global Crypto Crackdown

In a significant breakthrough, Tron, Tether, and TRM Labs have successfully frozen over $9 million linked to the historic ByBit hack, according to blockchain watchdog T3_FCU (Financial Crime Unit). This joint forensic initiative was formed to combat illicit activity in the crypto space, marking a proactive step by blockchain networks and stablecoin issuers in safeguarding digital assets.

Positive
cover-imageZycrypto
March 23, 2025

Tron Considering Bitcoin Inspired Halving — Will TRX go Above $0.4 in the Next Bull Phase?

Tron founder Justin Sun recently took to X (formerly Twitter) to raise public awareness regarding the digital currency's proposed block reward halving. He drew parallels with Bitcoin's much-touted 4-year halving cycle, in which the premier cryptocurrency undergoes a major bull phase followed by a bearish cooldown before starting things all over again in the ensuing couple of years.

Positive
cover-imageCoingape
March 21, 2025

TRON and Pump Fun Collaborate for the Launch of PumpSwap – What it means for the meme coin market?

The TRON blockchain, one of the leading smart contract platforms created by Justin Sun, has revealed that it is teaming up with Pump Fun, a popular memecoin launchpad, to introduce PumpSwap, a decentralized exchange (DEX) aimed at improving the efficiency, security, and user experience of on-chain trading. As part of the collaboration, PumpSwap will leverage

Positive
cover-imageCoinPedia
March 20, 2025

TRX Defies Crypto Crash, $0.255 Breakout Incoming?

Despite ongoing market uncertainty, Tron (TRX) is making waves in the cryptocurrency market with its impressive price surge. However, this surge comes at a time when major assets like Bitcoin (BTC), Ethereum (ETH), and others are experiencing a notable price decline. Current Price Momentum TRX is currently trading near $0.235 and has registered a 2.

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