Celo: Tops L2s by Daily Active Users

Celo claims the top spot among L2s by daily active users and fifth overall across chains, citing data from @growthepie_eth and @tokenterminal. The network reports 450K+ users driving nearly 1M transactions daily, with fees routed back to $CELO holders as net sequencer revenue via the Community Fund.

Price action on the 4h chart shows CELO pinned at the lower Bollinger band support of $0.08 while RSI(14) prints 12.2 in oversold territory; the EMA50 and EMA200 both sit at $0.09 as concrete resistance, and the MACD death cross keeps the broader structure bearish, pointing to a likely test of that $0.09 confluence zone before any sustained move.