CELO (CELO)

Celo is Shaping Up as the Next Undervalued “ZCash-Like” Breakout L2! 🔥 @Celo is one of the few L2s showing real-world adoption at scale. Not hype, not loops, but everyday payments, remittances, and savings across emerging markets. It consistently ranks #1 among all Ethereum L2s with 700K to 750K daily active addresses. That’s real usage driven by real people. Here’s the part that truly sets Celo apart: - @opera MiniPay, the self-custodial stablecoin wallet built entirely on Celo, has become a massive distribution engine. - Over 11M activated wallets, 300M+ on-chain transactions, and live across 60+ countries. - Integrated directly into Opera Mini (NASDAQ: OPRA) and now a standalone app on iOS and Android, MiniPay is onboarding the next wave of Web3 users seamlessly. Celo also had a strong moment at @binance Blockchain Week yesterday, adding even more visibility to its payments-first approach. What people find fascinating is how consistent and organic the growth is. Celo is hitting 175% YoY wallet growth, with surging adoption in South Africa, Ghana, Kenya, and even the US. It’s also become the #1 transport layer for USDT with over 3M weekly active users, showing how deeply embedded stablecoin payments have become across the network. Why people are paying attention: - Sub-cent fees with one-second finality - Gas payments directly in USDT or USDC - Phone-number mapping for smoother onboarding - OP Stack plus EigenLayer security - Nearly $3B in monthly stablecoin transfers Despite being a five-year-old, battle-tested chain, Celo still feels undervalued. Chain revenue is up 10x since early 2024, and its stablecoin-driven growth gives it a clear path toward meaningful long-term income. With MiniPay distribution, stablecoin dominance, and a design made for real-world finance, Celo is quietly positioning itself as one of the strongest breakout opportunities in the L2 space.

Sister @heyibinance says she is the future @cz_binance is already considered history So cute, big sister! https://t.co/fxxMLwZlGj

‼️Missed the final day of @binance Blockchain Week 2025? Tune in now to catch the full broadcast of our exclusive interviews with top leaders on the Next Generation of Digital Assets, brought to you by title sponsor @celo! #BinanceBlockchainWeek https://t.co/IT7sXKGTMh

Great discussion today with Major Faisal Alyaqoubi from the Ministry of Interior. We covered the safeguards, compliance processes, and regulatory frameworks that underpin user protection as crypto adoption grows. #BinanceBlockchainWeek https://t.co/eSDZl4gxbz

At Binance Blockchain Week's roundtable, the founder of @stbl_official joined as a guest to share views on Stablecoin 2.0. Can you identify which projects the other three founders represent? https://t.co/NgKb2xSDMX

Congratulations Anndy! A recognition you genuinely deserve. Crypto needs more people like you. Salud!

Did some digging on Celo The previous OG chain raised $66M, from a16z, Coinbase, Polychain, so it was a project with fairly high expectations. This cycle, those watching DeFi projects should notice it; it has been receiving continuous subsidy incentives on Aave for several months. Earlier it easily had double‑digit APR, and to date the yield is still not low. I started to pay attention to this ecosystem again from here. Celo can be considered to have survived through bull and bear markets. It has been running on mainnet for about 5 years, and this round it transitioned from an L1 hard fork to become an ETH L2, joining the OP Stack camp, focusing vertically on DeFi and mobile payments. On the DeFi side, it is currently mainly concentrated on Aave and Uniswap, with 25 stablecoins (possibly related to the payment side), including USDT and USDC. On Aave it subsidizes native USDT and WETH, which belongs to a very low‑risk category. USDT borrowing even remains at negative interest rates, though few talk about it. However, the WETH pool is filled up; people who have already deposited, if they layer a few rounds of circular lending, can achieve high returns. Overall capacity is not large, because the ecosystem's TVL is still low, and we’ll see whether they will open more credit later. Mobile payments receive not much market attention, but Celo continues to work on this business, clearly positioning itself not as a generic L2. The currently promoted core application is MiniPay, which is being pushed in partnership with the veteran browser Opera, integrated into Opera Mini, supporting ultra‑low‑fee payment functionality. According to official data, this business has already far surpassed its on‑chain DeFi development, with a monthly stablecoin transaction volume of 3.2B. I haven’t used it yet, plan to try it later.