Latest Celo (CELO) News Update

By CMC AI
22 February 2026 03:19AM (UTC+0)

What are people saying about CELO?

TLDR

CELO chatter swings between quick-trade euphoria and patient accumulation of a battered asset. Here’s what’s trending:

  1. A trader celebrates a 78% profit on a 16-minute CELO futures pump, highlighting its volatility.

  2. An investor is buying the dip, citing strong fundamentals and an upcoming tokenomics upgrade.

  3. The official team highlights ecosystem growth, with MiniPay surpassing 8 million wallet activations.

  4. A bot alerts a 10% drop on Binance Futures, pointing to ongoing price pressure.

Deep Dive

1. @Cryptoprime00: Celebrating a rapid futures pump bullish

"CELO It's fast & profitable... Binance Futures $CELO/ $USDT Take-Profit target 3 ✅ Profit: 78.6325% Period: 16 Minutes" – @Cryptoprime00 (2.4K followers · 2025-12-27 05:11 UTC) View original post What this means: This is bullish for short-term trader sentiment because it frames CELO as a high-momentum asset capable of explosive moves, which can attract speculative capital.

2. @Crypto_Guerrila: Accumulating based on fundamentals and tokenomics bullish

"I loaded up on some $CELO... the tokenomics upgrade coming for CELO could be huge if Minipay + CELO Txs/Fees are fully burned." – @Crypto_Guerrila (8.1K followers · 2026-01-09 07:45 UTC) View original post What this means: This is bullish for CELO's medium-term outlook because it reflects investor conviction in underlying network growth and potential deflationary mechanics from a tokenomics overhaul.

3. @Celo: Showcasing ecosystem adoption and partnerships bullish

"Self-custodial stablecoin wallet @MiniPay surpasses 8M wallet activations... @chaos_labs doubles Celo-native USDT supply cap on @aave from 6M to 12M" – @Celo (511K followers · 2025-07-10 14:37 UTC) View original post What this means: This is bullish for CELO as it demonstrates tangible user growth and deepening DeFi integration, which are critical for long-term utility and value accrual.

4. @Adanigj: Alerting a significant daily price drop bearish

"Celo (CELO) went down 10.0 percent in the last 24 hours on Binance Futures." – @Adanigj (1.4K followers · 2025-12-18 19:58 UTC) View original post What this means: This is bearish for near-term price action as it confirms selling pressure and highlights CELO's vulnerability to sharp downturns even amid positive developments.

Conclusion

The consensus on CELO is mixed but leans cautiously optimistic. Traders chase its volatility for quick gains, while fundamental investors see deep value in its growing adoption—now at 8 million wallets—and a potential tokenomics revamp. However, sharp price drops remind everyone of its high-risk profile. Watch for concrete proposals from the upcoming tokenomics community calls, as a shift to a burn mechanism could be a major catalyst.

What is the latest news on CELO?

TLDR

Celo's ecosystem is expanding through key partnerships and user growth, even as its token faces a tough market. Here are the latest news:

  1. CEO Outlines Mobile-First Strategy (3 February 2026) – Marek Olszewski details Celo's focus on emerging markets, cheaper fees, and surpassing 3.3 million weekly users.

  2. Tether Integrates USDT into MiniPay Wallet (2 February 2026) – Opera's Celo-based wallet adds major stablecoins, targeting financial inclusion across 60+ countries.

  3. Technical Analysis Highlights Key Level (27 January 2026) – CELO is noted as trading at a long-term technical level, with volatility contraction suggesting a potential directional move.

Deep Dive

1. CEO Outlines Mobile-First Strategy (3 February 2026)

Overview: In a detailed interview, cLabs CEO Marek Olszewski reinforced Celo's mission as a mobile-first Ethereum Layer 2 for peer-to-peer payments. He highlighted that transaction fees are cheaper than Solana's and that the network has peaked at 3.3 million weekly active users, surpassing Tron. The strategy hinges on partnerships like Opera's MiniPay, which offers remittances 40% cheaper than traditional services like MoneyGram, driving adoption in Africa and Latin America.

What this means: This is bullish for CELO because it underscores real-world utility and massive user growth in underserved markets, which could drive long-term network demand. However, Olszewski's admission that building their own stablecoin protocol "was maybe a mistake" reflects a strategic pivot towards greater neutrality and integration with established assets like USDT. (Crypto Briefing)

2. Tether Integrates USDT into MiniPay Wallet (2 February 2026)

Overview: Tether and Opera announced the integration of USDT and Tether Gold (XAUt) into the MiniPay wallet, which is built on the Celo blockchain. MiniPay operates in over 60 countries, has 12.6 million activated wallets, and processed over $153 million in transactions in December 2025 alone. The move aims to provide dollar- and gold-backed savings and payment options in emerging markets.

What this means: This is a significant partnership for Celo, as it directly brings the world's largest stablecoin onto its infrastructure, potentially increasing transaction volume and reinforcing its role as a hub for accessible, cross-border payments. The integration validates Celo's technical stack for mainstream stablecoin use. (CoinTelegraph)

3. Technical Analysis Highlights Key Level (27 January 2026)

Overview: A market analysis identified CELO among several altcoins trading at long-term technical levels, following a prolonged corrective period. The report noted that selling pressure had alleviated at these levels, with price action showing controlled compression and increased sensitivity to a future directional breakout.

What this means: This is neutral for CELO, providing a technical context for its current price consolidation. It suggests the asset is at a structurally important juncture, where a break above resistance could lead to expansion, while failure could see a continuation of the downtrend. It reflects a market in wait-and-see mode. (CoinMarketCap)

Conclusion

Celo's narrative is firmly anchored in tangible adoption—through its MiniPay wallet surge and major stablecoin integrations—even as its native token weathers a harsh crypto winter. The critical question now is whether this robust user growth can eventually translate into sustained demand for the CELO token itself.

What is the latest update in CELO’s codebase?

TLDR

Celo's developer tooling recently underwent a major modernization with the release of celocli version 7.0.0.

  1. Major CLI Modernization & L2 Cleanup (7.0.0) – Removes deprecated L1 features, upgrades to the Viem library, and streamlines commands for the Ethereum L2 era.

  2. New Epoch Status & Improved Ledger Support (7.0.0) – Adds a command to view epoch details and enhances security for hardware wallet interactions.

  3. Performance Optimizations & Bug Fixes (7.0.0) – Speeds up data fetching with multicall and fixes issues for smoother L2 operations.

Deep Dive

1. Major CLI Modernization & L2 Cleanup (7.0.0)

Overview: This major version streamlines the command-line interface (celocli) by removing outdated code and fully embracing Celo's new identity as an Ethereum Layer 2. For users, this means a cleaner, more focused toolset.

The update is a significant breaking change that deletes commands and flags specific to the old Layer 1 blockchain, such as certain validator and BLS key functions. It also completes the migration from the older Web3/ContractKit libraries to Viem, a modern Ethereum toolkit. This architectural shift results in better performance and maintainability for developers building on Celo.

What this means: This is bullish for CELO because it demonstrates active development and a committed focus on the future as a streamlined Ethereum L2. The cleanup reduces technical debt, making the platform more stable and attractive for developers, which can lead to more applications and users. (Source)

2. New Epoch Status & Improved Ledger Support (7.0.0)

Overview: This update adds practical new features for network participants. Validators and delegates gain a dedicated command to check epoch details, while hardware wallet users benefit from enhanced security verification.

A new epoch:status command provides a centralized view of information about the current validator election cycle. For Ledger device users, the --ledgerConfirmAddress flag now triggers a verification step on the device screen for every address read, not just during transactions, providing an extra layer of security against spoofing.

What this means: This is neutral-to-bullish for CELO because it improves the user and operator experience without disrupting core functionality. Better tools for validators support network health, and stronger security for hardware wallets builds trust with asset holders. (Source)

3. Performance Optimizations & Bug Fixes (7.0.0)

Overview: This set of patches makes everyday interactions with the Celo network faster and more reliable. It addresses specific bugs that emerged after the L2 migration and applies optimizations to common data-fetching operations.

Key improvements include using multicall (which bundles multiple read requests into one) in several commands to drastically reduce latency. It also fixes gas estimation for transfers using non-CELO tokens and resolves issues where certain releasecelo commands failed on L2.

What this means: This is bullish for CELO because it directly enhances network performance and reliability. Faster command execution and fewer bugs lead to a smoother experience for developers and users, which is crucial for adoption and retaining the existing active user base. (Source)

Conclusion

The latest codebase updates solidify Celo's transition into a modern, efficient Ethereum Layer 2, prioritizing developer experience, network security, and operational performance. How will these backend improvements translate into tangible growth for Celo's ecosystem of real-world payment applications?

What is next on CELO’s roadmap?

TLDR

Celo's development continues with these milestones:

  1. Jovian Upgrade (Q1 2026) – Major protocol update aligning Celo with the latest OP Stack while preserving key features.

  2. Faster Finality & Pre-Confirmations (H1 2026) – Integration with Espresso to provide near-instant transaction confirmations.

  3. Fusaka Enablement (Q2 2026) – Next protocol upgrade contingent on OP Stack, bringing new Ethereum compatibility features.

Deep Dive

1. Jovian Upgrade (Q1 2026)

Overview: This is the next major protocol hardfork planned for Celo. The Jovian upgrade focuses on rebasing Celo's core software—including the execution layer (op-geth), consensus layer (op-node), and fault proof stack (celo-kona)—onto Jovian-compatible versions of the OP Stack (cLabs). Key changes include transitioning from Celo's custom gas price floor to the OP Stack's Minimum Base Fee mechanism, which should allow for future fee updates without additional hardforks. The upgrade maintains Celo-specific designs like token duality and fee abstraction.

What this means: This is neutral to bullish for CELO because it reduces long-term maintenance overhead and strengthens alignment with Ethereum's core infrastructure, potentially improving developer confidence. However, the short-term impact depends on a smooth execution without network disruptions.

2. Faster Finality & Pre-Confirmations (H1 2026)

Overview: cLabs is continuing work with the Espresso team to integrate pre-confirmations into Celo (cLabs). This system aims to provide a fast, economically secured finality signal within seconds, rather than waiting for Ethereum block finality. It's designed to be compatible with Celo's existing derivation pipeline and degrade safely under edge conditions.

What this means: This is bullish for CELO because it directly improves user and developer experience by drastically reducing latency for bridges and exchanges. Enhanced speed could make Celo more competitive for real-world payments and stablecoin transactions, potentially driving higher network usage and demand for the native token.

3. Fusaka Enablement (Q2 2026)

Overview: Following the Jovian upgrade, cLabs plans to enable Fusaka on Celo, contingent on the corresponding upgrade being released for the OP Stack (cLabs). This upgrade would implement several Ethereum Improvement Proposals (EIPs) like EIP-7210 for secp256r1 curve support, which is crucial for native mobile security and passkeys. Other EIPs focus on gas cost adjustments and execution limits.

What this means: This is bullish for CELO because it further deepens Ethereum compatibility, unlocking new developer capabilities and enhancing security for mobile-native users. Successful integration reinforces Celo's position as a modern, evolving L2, which could attract more sophisticated applications and capital to its ecosystem.

Conclusion

Celo's H1 2026 roadmap is strategically focused on technical maturation, aiming to solidify its foundation as an Ethereum L2 while enhancing performance and user experience. The sequential upgrades from Jovian to Fusaka represent a commitment to staying aligned with Ethereum's evolution and improving core utility. How will these technical improvements translate into measurable growth in daily active users and stablecoin volume?

CMC AI can make mistakes. Not financial advice.