Following the news about XRP Coin, the cryptocurrency markets have now returned to a sideways trend. However, there are exceptions. One of the popular altcoins traded on the Binance exchange has turned upward with the news that came early in the morning. So, what was behind the event that triggered the price increase? What can investors expect in the future? CELO Update cLabs suggests migrating Celo from an independent EVM-compatible L1 to Ethereum L2, adopting the OP Stack architecturally, operating it by Ethereum node operators, and securing it with restructured ETH. Currently, cLabs plans to make a governance call for the transition from Celo to L2 on July 21st. Following this news, the CELO price rose to $0.526. Considering that the price has reached this level on July 14th, it may rise further as the expectation of increased demand for the project approaches the July 21st date. CELO Coin Celo […]
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