Celo Hits 10M Addresses After Ethereum L2 Migration

Celo has achieved a significant milestone in its migration to Ethereum's Layer 2 (L2) network, surpassing 10 million unique addresses since March 2025. This accomplishment marks a notable increase in user adoption and activity on the platform.

The network is handling various transactions, including stablecoin transfers, tokenized gold purchases, and currency swaps, with an impressive 469,000 daily active addresses yesterday.

Price action for CELO shows that it's currently trading at $0.07, with both its EMA50 and EMA200 aligned at the same level, creating a firm long-term support zone.

However, despite this bullish indicator, the MACD death cross signals short-term bearish pressure, while the RSI remains at 67.31, indicating room for continuation.