<ul><li>Celo is transitioning from an independent blockchain to an Ethereum Layer 2 solution for scalability, lower fees, and enhanced security.</li><li>Coinbase Cloud has played a crucial role in supporting the migration, providing infrastructure, validator services, and security.</li><li>The move to Ethereum Layer 2 enables interoperability with Ethereum's DeFi ecosystem and boosts Ethereum's position as the primary platform for Web3 applications.</li><li>The migration to Ethereum Layer 2 offers benefits such as cheaper transactions, strengthened security, smooth DeFi integration, more liquidity access, and scalability for mass adoption.</li></ul>

Celo’s Transition to Ethereum Layer 2: A Game-Changer for Scalability and Adoption

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