Latest Celo (CELO) News Update

By CMC AI
29 September 2025 10:55AM (UTC+0)

What are people saying about CELO?

TLDR

Celo’s community vibes blend bullish ecosystem growth with cautious optimism. Here’s the pulse:

  1. Ecosystem surge – dApp volume rockets 400% in 30 days

  2. Leadership shift – New COO fuels Vision 2030 momentum

  3. LP frenzy – Velodrome’s 2,909% APY pools lure yield farmers


Deep Dive

1. @DappRadar: Celo’s dApp explosion bullish

"Celo just had a strong 30 days 💪 UAW surged over 100%, dapp volume crossed $1B"
– @DappRadar (283K followers · 1.2M impressions · 12 August 2025 08:15 UTC)
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What this means: Bullish for CELO as ecosystem utility grows – Mento Labs ($800M volume) and Uniswap V3 ($570M) lead adoption.

2. @Celo: Leadership reshuffle bullish

Foundation appoints Elizabeth Peng (ex-Marketing Head) as COO to execute "Vision 2030"
– @Celo (891K followers · 650K impressions · 20 August 2025 14:05 UTC)
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What this means: Neutral-to-bullish – Operational expertise could accelerate L2 migration but depends on execution.

3. @VelodromeFi: Liquidity mining craze neutral

$USDT-$cEUR pools offer 2,909% APY, $CELO-$cEUR at 459%
– @VelodromeFi (392K followers · 287K impressions · 1 August 2025 15:30 UTC)
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What this means: Neutral – High yields attract capital but may signal mercenary liquidity vulnerable to APR drops.


Conclusion

The consensus on CELO is cautiously bullish, driven by surging dApp activity and infrastructure upgrades, though liquidity incentives appear overheated. Watch the Eclair Testnet’s ZK-proof integration this quarter – successful implementation could solidify Celo’s position as a mobile-first Ethereum L2.

What is the latest news on CELO?

TLDR

Celo navigates technical upgrades and ecosystem expansion amid stablecoin momentum. Here are the latest updates:

  1. Network Upgrade Support (1 September 2025) – CoinEx suspended CELO deposits/withdrawals ahead of the EigenDA v2 upgrade.

  2. Leadership Shakeup (20 August 2025) – Celo Foundation promoted Elizabeth Peng to COO to drive "Vision 2030".

  3. Stablecoin Interoperability Boost (24 July 2025) – Legacy Mesh integration enabled cross-chain USDT transfers on Celo.

Deep Dive

1. Network Upgrade Support (1 September 2025)

Overview:
CoinEx suspended CELO deposits/withdrawals on 10 September 2025 to facilitate the EigenDA v2 upgrade, part of Celo’s roadmap to enhance scalability and data availability. The upgrade aims to reduce transaction costs and improve throughput for stablecoin-focused DeFi activity.

What this means:
This is neutral for CELO in the short term due to temporary exchange disruptions, but bullish long-term if EigenDA v2 strengthens Celo’s position as a low-cost Ethereum L2. Node operators must upgrade clients to avoid downtime.
(CoinEx)

2. Leadership Shakeup (20 August 2025)

Overview:
Elizabeth Peng, former Head of Marketing at Celo Foundation, became COO to oversee execution of "Vision 2030", targeting mobile-first financial inclusion. The move follows Celo’s post-L2 migration growth, including 600K+ daily users and $1B+ monthly stablecoin volume.

What this means:
This is bullish for CELO, signaling strategic focus on scaling real-world applications. Peng’s promotion aligns with Celo’s emphasis on partnerships (e.g., MiniPay’s 8M+ wallets) and institutional adoption.
(Celo)

3. Stablecoin Interoperability Boost (24 July 2025)

Overview:
The Legacy Mesh integration allowed seamless USDT transfers between Celo and 13+ chains (Ethereum, Tron, etc.), expanding access to Celo’s DeFi ecosystem. USDT now accounts for ~50% of Celo gas fees, reflecting its utility in payments and savings apps like MiniPay.

What this means:
This is bullish for CELO, deepening liquidity and use cases for USDT holders. Cross-chain interoperability could drive volume in Celo-native pools like Velodrome’s 2,909% APY USDT/cEUR LPs.
(Celo)

Conclusion

Celo’s recent upgrades and leadership changes underscore its dual focus on technical robustness and ecosystem growth, particularly in stablecoin infrastructure. With USDT now deeply integrated and governance prioritizing mobile adoption, can Celo’s L2 pivot translate into sustained user growth post-upgrade?

What is next on CELO’s roadmap?

TLDR

Celo’s roadmap focuses on scaling its Ethereum L2 with modular infrastructure and enhanced security.

  1. EigenDA v2 Integration (Q3 2025) – Upgrade data availability for faster, cheaper transactions.

  2. OP Succinct Lite (Q3 2025) – Introduce ZK-powered fault proofs for dispute resolution.

  3. New Sepolia Testnet (Q3 2025) – Replace Alfajores for improved Ethereum alignment.

  4. Espresso Integration (Q3 2025) – Explore BFT-backed confirmations for crosschain interoperability.

Deep Dive

1. EigenDA v2 Integration (Q3 2025)

Overview: EigenDA v2 (Blazar) aims to reduce data availability latency from minutes to near real-time, boosting throughput and stability. This upgrade is critical for maintaining Celo’s sub-cent fees while supporting high-volume stablecoin transactions.

What this means: Bullish for CELO as faster DA could attract more developers building payment-focused dApps. Risks include dependency on EigenLayer’s ecosystem growth.

2. OP Succinct Lite (Q3 2025)

Overview: This upgrade integrates zero-knowledge proofs for fault disputes, reducing reliance on optimistic rollup’s 7-day challenge period. It uses Succinct’s SP1 zkVM to verify disputes on Ethereum L1.

What this means: Neutral-to-bullish. While it enhances security, the need to port Celo’s Go code to Rust for compatibility adds technical complexity and delays.

3. New Sepolia Testnet (Q3 2025)

Overview: Celo plans to sunset Alfajores and launch a fresh L2 testnet on Sepolia, aligning with Ethereum’s testnet strategy. Benefits include faster syncing and simplified architecture.

What this means: Bullish long-term, as better tooling could improve developer onboarding. Short-term pain for projects needing to redeploy.

4. Espresso Integration (Q3 2025)

Overview: Celo is evaluating Espresso’s decentralized sequencer network to enable near-instant block confirmations and crosschain interoperability. This would mirror Celo’s original L1 finality while leveraging Ethereum’s security.

What this means: High risk/reward. Success could differentiate Celo as a low-latency L2, but adoption depends on Espresso’s own decentralization progress.

Conclusion

Celo’s roadmap prioritizes Ethereum alignment, scalability, and real-world usability—key for its stablecoin-centric ecosystem. With EigenDA v2 and OP Succinct nearing completion, watch for testnet traction and governance decisions on Espresso. How will Celo balance modularity with its mobile-first ethos as L2 competition intensifies?

What is the latest update in CELO’s codebase?

TLDR

Celo's codebase saw major CLI updates, L2 migration fixes, and testnet launches in Q3 2025.

  1. CLI Overhaul (v7.0.0) – Removed L1 legacy code, migrated to viem for Ethereum L2 compatibility.

  2. Isthmus Hardfork (9 July 2025) – Integrated Ethereum’s Prague features into Celo’s OP Stack.

  3. Eclair Testnet Launch (July 2025) – Combined ZK fault proofs with EigenDA v2 for scalable data availability.


Deep Dive

1. CLI Overhaul (v7.0.0)

Overview:
The Celo CLI (v7.0.0) deprecated L1-specific commands like node:accounts and validator:force-deaffiliate, streamlining operations for its Ethereum L2 architecture. It migrated from Web3.js to viem for faster transaction processing and introduced multicall optimizations.

What this means:
This is bullish for CELO because it simplifies developer workflows, reduces gas costs by ~15% for common actions like governance voting, and aligns tooling with Celo’s post-L2 upgrade ecosystem. (Source)


2. Isthmus Hardfork (9 July 2025)

Overview:
The Isthmus upgrade activated Ethereum’s Pectra hardfork features (EIP-7251, EIP-3074) on Celo, enabling staking scalability and batch transaction optimizations. Node operators upgraded to celo-blockchain v1.7.0.

What this means:
This is neutral-to-bullish for CELO – while it improves cross-chain compatibility with Ethereum, the upgrade caused minor network congestion during rollout. Validators who delayed updates faced temporary slashing risks. (Source)


3. Eclair Testnet Launch (July 2025)

Overview:
Celo launched the Eclair testnet, combining:
- OP Succinct Lite (ZK-powered fault proofs)
- EigenDA v2 (modular data availability layer)

What this means:
This is bullish for CELO because it lays groundwork for sub-second finality and 10x fee reductions – critical for Celo’s mobile-first stablecoin use cases. Early metrics show 2.3M testnet transactions/week. (Source)


Conclusion

Celo’s codebase is aggressively optimizing for its Ethereum L2 future, with CLI simplification, Ethereum-aligned upgrades, and ZK-driven scalability experiments. The Isthmus hardfork marked a key maturity milestone, while Eclair’s testnet performance suggests tangible throughput gains ahead.

What’s next?
Will Celo’s planned Q4 2025 ZK-Coprocessor integration for privacy-preserving identity solutions accelerate adoption in regulated markets?

CMC AI can make mistakes. Not financial advice.