Celo Finally Becomes Ethereum L2 After Two Years of Hustling
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https://www.coinspeaker.com/celo-finally-becomes-ethereum-l2-after-two-years-of-hustling/
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Celo completes migration from Layer 1 to Ethereum Layer 2
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Celo (CELO), the native token of the newly transitioned blockchain, saw a notable price hike following the migration announcement.
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Earlier today, Celo started its transition by halting its L1 block production. At around 04:10 UTC, cLabs announced that the “block production has officially resumed on Celo L2,” hinting at a successful migration.
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