Celo Officially Moves to Ethereum Layer 2
Date: 2025-03-27 Author: Henry Casey Categories: BUSINESS
The Celo blockchain platform completed the transition to Ethereum Layer 2 status on March 26, reaching block #31,056,500. The idea for this transformation was initially voiced by developers from CLabs in July 2023. Since then, many stages of testing, community discussions and voting took place before the decision was implemented.
To implement the transition, Celo used OP Stack technology from Optimism, which ensured compatibility with the main Ethereum ecosystem. In addition, EigenDA was integrated, allowing for increased availability and efficiency of data work. As a result, the platform retained its key advantages - minimal transaction fees of $ 0.0005 and high transaction processing speed of approximately one second.
The innovation is aimed at strengthening Celo's position in the ecosystem of decentralized finance and applications, especially those focused on mobile users. Using the Ethereum infrastructure will significantly reduce technical and economic costs, while providing access to a wider range of tools, liquidity, and security tools.
Developers working within Celo will now be able to directly use Ethereum resources to create more scalable and reliable solutions. This will also open the door to new forms of cooperation with fintech companies and decentralized services interested in mobile platforms.
Recall that Celo has previously been actively implementing its own stablecoins, including cUSD and cEUR. In 2022, the cREAL token, pegged to the Brazilian real, was added. And last year, Celo became a platform where Tether launched its USDT, which can be used as a means of paying for gas fees, which was an important step in expanding the user experience within the blockchain.
Thus, the integration with Ethereum and the reliance on advanced technological solutions make Celo a more flexible, accessible and promising platform in the field of blockchain development and mobile decentralized applications.
