$CELO 2025 Record high of on-chain activity in 2023, a key transformation node!!!

Celo is a public chain focusing on emerging markets. In 2025, Celo completed its L2 transformation, with the peak number of daily active users on-chain reaching 790,000, becoming the leader in L2 activity. The total stablecoin trading volume exceeded $6.59 billion for the year, an increase of 142% compared to last year. Deepening cooperation with Minipay, connecting to 300 million users on Opera, promoting practical applications in the Global South market.

Market sentiment in the community generally recognizes Celo's "low-key execution" style, emphasizing actual experience over hype. On the data front, the weekly active users of USDT reached 3.3 million, with 79% of new users being first-time contacts with crypto. Some opinions suggest that Self Protocol is likely to replicate Celo's development path due to the high overlap between the core team and investors.