Celo: MentoLabs and Messari Launch Onchain FX Directory

Celo pushes onchain FX adoption forward after MentoLabs and Messari released an open directory tracking issuers and applications built on the network’s 25-plus native stablecoins.

Projects such as UpDown, NumoForex and CarbonDeFixyz now appear in the fxonchain.org registry, giving traders direct visibility into local digital currency flows. On the 4h chart CELO trades at $0.07 inside the Bollinger Bands with lower support at $0.07 and upper resistance at $0.08; RSI at 21.89 flashes oversold while the MACD death cross and price below both EMA50 at $0.08 and EMA200 at $0.09 keep the structure bearish, suggesting any relief bounce may stall at the 50-EMA before continuation lower.