AXL's recent price slump shows no signs of easing, with on-chain metrics hinting at more pain ahead for the crypto asset. Axelar, a programmable blockchain interoperability platform with the ticker AXL, fell for three straight days to $0.

According to data from CoinMarketCap, XRP has a maximum supply of 100 billion tokens, with approximately 57 billion XRP circulating.

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.

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.

Celo's planned migration to Layer 2, known for over a year, has raised questions about Coinbase's late announcement to customers.

Crypto exchange Coinbase has announced that it will delist and stop supporting Celo layer-1 blockchain token CGLD by January 13, 2025. This move is in response to Celo's planned migration into a layer-2 network.

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.

cLabs CEO Marek Olszewski said Coinbase's decision “feels like a wrench in Ethereum's Layer 2-centric scaling roadmap.”

Ripple's Jasmine Cooper and Axelar's Sergey Gorbunov discuss advancements in real-world assets (RWAs), tokenization and interoperability.

Axelar crypto remains range-bound as whales trim exposure - What's next for its recovery?

The TON Foundation has selected Axelar's Mobius development stack as its preferred solution for enhancing interoperability across various blockchain networks. This decision is aimed at improving The Open Network's (TON) connectivity with other blockchains. It will facilitate asset transfers and support the development of cross-chain decentralized applications (dApps).

Axelar's MDS will facilitate asset transfers between TON and other blockchains, supporting the development of cross-chain decentralized applications.

Axelar's Interchain Amplifier and Mobius Development Stack can bring blockchain interoperability to TON's ecosystem.

Axelar's Interchain Amplifier and Mobius Development Stack can bring blockchain interoperability to TON's ecosystem.

In a wide-ranging exclusive interview with Cryptonews Podcast, Isha Varshney, the Head of Ecosystem at the Celo Foundation, discussed actual real-world use cases and their vast benefits, as well as the concept of reputation-based credit.

With dozens of layer-1 blockchains on the market, communication between networks has become a significant pain point for the broader adoption of Web3-based applications.

Axelar has introduced the Mobius Development Stack, a technology designed to make building decentralized applications across different blockchains easier. The company's new infrastructure, announced in an Oct.

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TL;DR Axelar has launched the Mobius Development Stack (MDS), a comprehensive interoperability platform that facilitates integration between on-chain and off-chain systems. The MDS includes blockchains such as Solana, Stellar, Sui, and XRP Ledger, and becomes the first institutional-grade interoperability network. The platform allows customizable connections, rapid tokenization of assets, and an unrestricted multichain experience.

Web3 interoperability platform Axelar has launched the Mobius Development Stack (MDS) on its mainnet, describing it as “the first-and-only holistic interoperability platform.”

The integration of Axelar's MDS by major blockchains could significantly enhance web3's interoperability, fostering a more connected ecosystem. The post Sui, XRP Ledger, EigenLayer set to integrate Axelar's new Mobius Development Stack appeared first on Crypto Briefing.

Latest updates on HBAR, SEI, and CELO coins.

October is historically a bullish month for the crypto market. Because of this, investors might be on the lookout for hidden gem altcoins that could bring significant gains.

As we near the end of 2024, Grayscale Research has revealed an exciting list of the top 20 cryptocurrencies expected to shine in the final quarter. With six new altcoins added, including Sui (SUI) and Optimism (OP), the buzz in the crypto market is palpable.

As the cryptocurrency landscape continues to evolve, Grayscale in its recent research titled ‘Grayscale Research Insights: Crypto Sectors in Q42024' has identified six emerging assets, Sui (SUI), Bittensor (TAO), Optimism (OP), Celo (CELO), Helium (HNT), and UMA Protocol (UMA), as high-potential investments for Q4 2024.

Grayscale's updated list signals a strategic shift towards decentralized AI and high-performance infrastructure, highlighting evolving market trends. The post Grayscale lists SUI, TAO, OP, CELO among top “high potential” tokens for Q4 2024 appeared first on Crypto Briefing.

Grayscale Research has published a new list of 20 digital assets that have high potential in the fourth quarter of the year.

The implementation of USDT on Celo and the success of MiniPay contribute to the rapid expansion of the network

The CELO token has rallied nearly 20% in the past 24 hours.

Ethereum co-founder Vitalik Buterin has commended the recent development of Celo Network, a mobile-first blockchain platform.

The mobile-first blockchain has recently achieved a significant milestone.

Blockchain data shows Celo's growth was boosted by key applications like Minipay and Valora, particularly in markets like Nigeria and Kenya.

TL;DR Vitalik Buterin's Praise: Ethereum co-founder Vitalik Buterin praised Celo for surpassing Tron in daily active stablecoin addresses, marking a significant milestone. CELO Token Surge: Following Buterin's endorsement, Celo's native token, CELO, surged by approximately 25%, reaching $0.68.

Celo surpasses Tron in stablecoin usage, driven by African app adoption. Vitalik Buterin praises Celo's impact on global payment accessibility and finance.

Vitalik Buterin also talked about the Celo blockchain for transitioning from a standalone Ethereum Virtual Machine (EVM)-compatible Layer 1 blockchain to an Ethereum Layer 2 blockchain.

CELO's surge highlights the growing influence of endorsements in crypto markets and underscores the potential for increased global financial inclusion. The post CELO jumps 25% after project gains endorsement from Vitalik Buterin appeared first on Crypto Briefing.

Artemis, an institutional data platform for digital assets, noted that Ethereum layer-2 blockchain Celo (CELO) recently outperformed Tron (TRX) in daily active addresses. This growth is fueled by stablecoin adoption and usage.

Celo recorded a remarkable price spike within an hour after Ethereum's Vitalik Buterin gave the project a positive endorsement.

Vitalik Buterin noted that Celo's second L2 testnet, Alfajores, will be upgraded to Ethereum L2 on Sept. 26.

Vitalik Buterin, Ethereum's founder, mentioned Celo (CELO) as a positive example of a payment platform. The CELO token rallied immediately after the endorsement.

In collaboration with Valora, the new plan will be launched in Nigeria, South Africa, Brazil, Turkey, and Vietnam.

Story Highlights CELO coin price could reach a maximum of $1.46by the end of 2024. CELO price, with a potential surge, could go as high as $5 by the end of 2030. CELO coin live price is .

The Stabila Foundation has launched a new initiative to boost stablecoin adoption within the Celo ecosystem, aiming to drive real-world use cases for the network.

Real World Assets (RWA) Tokenization is gaining traction in the crypto market. If you're an investor looking to diversify your portfolio or explore new opportunities, this analysis highlights some of the most promising RWA altcoins to consider in September.

Celia Inside has launched a new music NFT collection on Celosphere, marking a significant moment for the platform.

Explore the top 5 Real World Asset tokens with 100% profit potential amid market volatility. Discover why Avalanche, Maker, Ondo, MANTRA, and Axelar are must-watch coins for the next two months.

Gitcoin has announced that the twenty-first edition of its grants program, Gitcoin Grants 21, is officially live and will feature ecosystem rounds for Arbitrum and Celo. The Gitcoin Grants 21 program went live on Aug.

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.