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Celo's development team has proposed moving from its independent layer‑1 blockchain to an Ethereum layer‑2 solution using Optimism's OP Stack, aiming to improve liquidity, security, and developer tooling. The proposal, discussed on the Celo Forum and announced via a Twitter thread, includes a decentralized sequencer using Celo's validator set, off‑chain data availability via EigenLayer/EigenDA, and a potential future upgrade to a validium‑based zkEVM. Google Cloud has joined as a validator and will provide managed node services to support the transition, while the Celo ecosystem hosts over 1,000 projects across 150+ countries. Following the migration announcement, CELO token price rose nearly 10% to a two‑week high and later surged 15% on March 1, with technical analysis indicating continued bullish momentum.
Celo plans to migrate from its own layer‑1 to an Ethereum layer‑2 built on Optimism's OP Stack.
The migration design retains Celo's one‑block finality and uses a decentralized sequencer powered by its existing validator set.
Google Cloud has become a validator on Celo and will use its Blockchain Node Engine to host nodes for the network.
CELO token price increased almost 10% after the proposal and rose 15% on March 1 when migration details were disclosed.
Celo's ecosystem includes over 1,000 projects in more than 150 countries, with applications like GoodDollar and Grassroots Economics.
Celo will build on Optimism's OP Stack, employing a decentralized sequencer with its validator set and off‑chain data availability via EigenLayer and EigenDA.
Google Cloud has joined as a validator and will provide a fully managed node‑hosting service (Blockchain Node Engine) to support the network's operations.
The token jumped nearly 10% to $0.59 after the proposal and later surged about 15% on March 1 when migration details were released.
Celo may eventually upgrade to a highly scalable validium‑based zkEVM, leveraging zero‑knowledge rollup technology.
The ecosystem comprises over 1,000 projects operating in more than 150 countries, including dApps like GoodDollar and community inclusion currencies.
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