kate.celo.eth
482 posts




The Celo Ethereum L2 has been ON FIRE in 2026 so far. Since transitioning to an @Ethereum Layer-2 network, @Celo has been on a tear. We’ve picked some of its biggest milestones from 2026 that you might have missed… (1) The network has now processed a total of more than 1.3 billion transactions [1.329 billion to be more precise]. Suffice to say this figure speaks for itself. (2) A peak daily user count of ~840,000 made Celo one of the most used Ethereum L2 networks in existence. The data comes from a report published on @Bitget in April 2026, that report also pointing to a peak of some ~1.3 million monthly active users. (3) @minipay, the stablecoin-focused wallet built on $CELO, now has more than 15 million registered wallets and has facilitated over 420 million transactions. Given its traction, MiniPay has become a key method for onboarding non-crypto-native users to the Celo ecosystem. (4) Celo’s network revenue has exploded, reaching an all-time high of ~$18,600 on May 18 of this year. On an annualised basis, this works out to an impressive $6.785 million according to @growthepie_eth. It equates to an increase of +218% over the past year and is the result of Celo’s tokenomic changes, one of which involved increasing the network’s base fee (something that Celo has achieved while maintaining sub-cent transaction costs).


BREAKING: Self, the identity layer for 14M+ users w/ partners incl. @Google and @Opera, acquired Loam Loam, founded by Birju Shah (ex-@Uber Head of AI), builds multi-agent systems to automate complex, high-stakes transactions, backed by @PackyM, @Lessin’s @Slow, and @Accomplices


1/ How L1 and L2s can build the strongest possible Ethereum tldr: we should continue to lean into the unique capabilities of each layer, and make sure all users have a clear path to securely and seamlessly benefit from the core properties of Ethereum



🗞️ BREAKING: @Opera goes big on Celo—new proposed 160M CELO stake to transform @MiniPay distribution partner to key network stakeholder Read more about Opera's path to becoming one of the largest institutional CELO tokenholders & how they’re bringing 50M users into MiniPay ↓

Celo went from 2 hardforks/year as an L1 to 4 hardforks in 12 months as an L2 on the OP Stack. @marek_ from @Celo breaks down how the Superchain ecosystem unlocked faster shipping. Including ZK fault proofs with @SuccinctLabs that let them fully inherit @ethereum security.

Unironically, I think most alt-L1s will become L2s @Celo showed the playbook: – Halved inflation from 2% to 1% – Reduced block times from 5s to 1s – Eliminated 300k+ lines of legacy code – Fully integrated into Ethereum’s ecosystem, the largest dev community in crypto – Carbon emission's cut in half (if you're into that) It’s just a better model

great week pushing ethereum R&D/strategy with 20+ L2 teams from all over the world all together




