Sponsor: Celo — Celo is returning to Ethereum with OP Stack and celebrating four years of mainnet!
Is it time to silence the ETH NFTs are dead narrative? This week, leading collections saw notable increases in their floor prices: Bored Apes surged by 40%, Moonbirds by 32%, Azuki by 15%, etc. While there's no single catalyst driving this rebound, the extremely low sentiment recently makes this rally seem long overdue. If the momentum continues, it'll suggest the market has bottomed out, paving the way for the next major run up in ETH NFTs.
After Celo’s community unanimously voted to migrate the mobile-first, EVM-compatible L1 to an Ethereum L2 (#CEL2), core contributors cLabs spent months evaluating and testing leading tech stacks. On Celo mainnet’s 4-year anniversary, cLabs is excited to announce its proposal to leverage Optimism’s OP Stack.
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