On Monday, the Celo Foundation announced via X that its Layer-2 mainnet activation is now slated for March 26th. The activation will take place at a Hardfork Block Height of 31057000.
Celo assured builders that they should expect minimal disruption, faster transactions, network history preservation, tech debt reduction, and trustless upgrades.
Celo is an open platform that supports various distributed applications, smart contract development, and payments using e-mail addresses and phone numbers as public keys. CELO is down 14% in the last 24 hours and is currently trading at $0.3608.