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$CELO Surges 19.6% As Vitalik Buterin Highlights Its Growth And Transition

Tags: blockchain
DATE POSTED:September 27, 2024

$CELO, the native token of the Celo blockchain, saw a remarkable 19.6% surge today, climbing to $0.63.

The spike follows praise from Ethereum co-founder Vitalik Buterin, who acknowledged Celo’s growth and its ongoing transition from a Layer 1 (L1) to a Layer 2 (L2) blockchain.

Price Action: $CELO (@Celo) is up 19.6% today to $0.63, as @VitalikButerin discusses its growth in his latest tweet.

Track $CELO➡️https://t.co/414rPP8Zzj pic.twitter.com/0rpRruKlWH

— CoinGecko (@coingecko) September 25, 2024

In his recent tweet, Buterin emphasized how Celo’s shift toward Ethereum integration has propelled its ecosystem, even surpassing Tron in terms of active stablecoin addresses.

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Tags: blockchain