Celo
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Celo in numbers
Celo ranks #400 by market capitalization, at $57.37M. It belongs to the Networks sector (Layer-1). It has traded since Jun 12, 2020, across 157 markets on 28 exchanges, with $4.84M of volume in the last 24 hours. Its all-time high of $9.88 was reached on Aug 30, 2021; the current price is 99.3% below that peak. Its cycle low of $0.0565184 came on Jun 30, 2026.
61.0% of the maximum supply of 1.00B CELO is in circulation. 79.6% of the token allocation has been unlocked. The next scheduled unlock is on Nov 30, 2026. 23 investors are recorded as backers, including Coinbase Ventures, Polychain Capital, Andreessen Horowitz. 2 team members are listed. Development data lists 59 core developers and 192,805 code commits.
About Celo
Celo is an Ethereum Layer 2 that runs on the OP Stack, uses EigenDA v2 for data availability, and integrates a zkEVM via Succinct SP1. The network supports paying gas with ERC-20 tokens including USDT, USDC, and cUSD.
Background
There will be more than seven billion smartphone subscribers by 2025 but there is currently less than 0.1 billion cryptocurrency users. According to the Celo Foundation, useability and price stability remain two of the main inhibitors of cryptocurrency adoption. Celo's mobile-first approach aims to bridge this gap.
Key technology innovations to drive adoption include:
Celo was founded in 2017.

