Celo: Hackathon Winners Generate 875K Transactions

Celo revealed Agentic Payments & DeFAI Hackathon winners after 89 projects submitted, producing 875K transactions and shifting over $1.6M in volume for a slice of the $5K bounties. CELO sits at $0.07 where EMA50 and EMA200 converge as support while the MACD golden cross holds bullish and price tests upper Bollinger resistance at $0.07 with RSI(14) at 85.48 flashing overbought, pointing to a probable retracement toward the 50-EMA before any extension higher. The surge in DeFAI activity sharpens CELO price prediction models and highlights crypto transaction volume analysis plus AI industry impact on layer-1 throughput.