Celo: 435K Daily Addresses Drive August Volume

Celo logged over 435K daily active addresses and 33M+ transactions throughout August, powered by Tether USD₮ flows and fresh stablecoin assets including @cngn_co.

Price action on the 4h chart shows CELO holding the $0.07 zone where EMA50 and EMA200 converge as concrete support; the neutral RSI at 50.44 combined with the MACD golden cross keeps bullish structure intact, targeting the upper Bollinger Band at $0.08 before any measured retracement, a setup that directly feeds into updated CELO price prediction and stablecoin network growth forecasts.