Celo is launching the Isthmus hardfork to bring Ethereum EIP and OP Stack upgrades to its network, enhancing L2 scalability and data handling.
The hardfork is significant for Celo's evolution as a cost-effective Ethereum Layer 2 solution, with improvements like faster block times and native bridges directly on Ethereum.
The Isthmus hardfork incorporates features from Ethereum's Prague upgrade and introduces the L2 Withdrawals Root in the block header for simpler and more secure Layer 2 to Layer 1 withdrawals.
Celo's recent advancements also include collaborations with Bando for wallet enhancements, making transactions smoother across 110+ countries, while the CELO token price has seen a noticeable increase in value.