The mobile-first blockchain Celo has accomplished its transition to Ethereum Layer-2 after two years of growth, 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 keeping with the three March announcement. “This isn't simply an improve. It's a return dwelling,” the cLabs staff wrote.
Celo Token Now Native to Ethereum
Celo developer cLabs initially proposed the transition in July 2023. The staff adopted this up with a sequence of testnets in July and September 2024, in addition to February 2025.
In response to Rene Reinsberg, Celo co-founder and Celo Basis President, the migration is “a pure development” in direction of the objective of making “the situations of prosperity for all” and “platforming a sturdy onchain financial system for the long run.”
Due to this fact, by using Ethereum’s infrastructure, Celo has now boosted safety and interoperability for tens of millions of each 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 at all times seen ourselves as a cultural extension of the group with a wealthy Regen tradition and give attention to cellular DeFi functions,” stated Marek Olszewski, Celo Co-Founder and cLabs CEO.
“Migrating to a Layer 2 marks an thrilling return dwelling for Celo, combining the perfect of the networks’ benefits to scale Web3 with world attain and continued impression,” he added.
Celo Migrating an Ecosystem
The chain will not be transitioning alone. Underneath its umbrella is an ecosystem of over 1,000 tasks that at the moment are on the Ethereum community.
Celo has built-in fashionable infrastructure. This contains 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 listing includes Alchemy, Hyperlane, Wormhole, Binance, Coinbase, Bitfinex, Kraken, Gate.io, Upbit, and extra.
Per the staff, the customers will profit from improved interoperability, quick transactions, and low charges averaging $0.0005. Celo additionally allocates a portion of each transaction charge to carbon offsetting and sustainability tasks.
Amongst different enhancements, Celo’s core capabilities will see block occasions 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 charge 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 staff famous that that is essential for the tens of millions of Celo’s customers worldwide who make the most of the chain for on a regular basis use instances. Examples embody greenback stablecoin financial savings in Opera’s MiniPay Wallet, sending crypto by way of Valora, and capturing environmental information onchain to earn cash with GainForest.
In the meantime, protocol-level modifications embody the evolution of the validator tasks from working the consensus protocol to quickly operating group RPC nodes. Validator rewards at the moment are distributed by means of sensible 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 operating the consensus protocol.
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