Celo Sees 21% Revenue Growth Amid CELOccelerate Tokenomics Rollout

Celo's network revenue has seen a significant increase of 21% in Q3 2026 following the rollout of CELOccelerate tokenomics in Q2. This development is notable as it signals a positive impact from this change on the network's performance.

Furthermore, Celo has been repurchasing tokens since April through biweekly buybacks, with a total of 8.5M $CELO tokens acquired so far. This effort to buy back and redistribute tokens contributes to the growth in revenue.

The current market price of CELO is sitting at $0.1 on the 4h chart, which is testing the EMA50 resistance level. At the same time, the EMA200 provides deeper structural support at $0.09.

Technical indicators suggest a likely pullback to the 50-EMA before any sustained push toward the upper band, with the RSI remaining neutral and MACD printing a death cross at 0.0. The market is currently trading inside the Bollinger Bands between $0.09 and $0.11.