Home Crypto Celo price goes parabolic amid rapid ecosystem growth

Celo price goes parabolic amid rapid ecosystem growth


  • Celo’s crypto price has been parabolic over the past few weeks. 

  • The network’s ecosystem growth has continued to accelerate.

  • Celo has recently integrated Chainlink into its ecosystem.

Celo The price of Bitcoin has seen a dramatic comeback in this month. It is now one of the most successful cryptocurrencies. On Monday, the token reached its highest price since April 19, $0.6736. The token has increased by over 85% since its lowest level in June. 

Celo user growth continuing

Celo, a blockchain with rapid growth, is gaining popularity both among developers and users. Platform is used for building quality dApps across all industries including DeFi and Non-Fungible Tokens (NFTs). It is capable of handling approximately 11.99 blocks every second.

Celo’s ecosystem growth has continued. DeFi Llama reported that the total value (TVL), which is the amount of money locked in a device, has increased to $116,000,000. Mento is the most popular DeFi app in the ecosystem, followed by Curve DEX (Uniswap V3), Moola Market, and Uniswap V3.

Celo is currently soaring in price due to the growing number of active users within the ecosystem. Dune Analytics data, for instance, shows that transactions within the ecosystem have increased to 228 millions. 

Celo has been handling over 20.15…

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