Celo just topped every Layer 1 and Layer 2 blockchain in 30-day tokenholder growth, according to Token Terminal’s on-chain analytics. The network also sits at number 10 overall by total tokenholder count.
The catalyst is straightforward: Opera browser users who meet eligibility criteria can now earn CELO token rewards. That’s a distribution channel of meaningful scale, and it’s translating directly into new wallet holders at a pace no other chain is matching right now.
The numbers behind the surge
Celo reports over 700,000 daily active users and transactions, which makes it the most active Ethereum Layer 2 by that metric.
The network’s MiniPay wallet, its flagship mobile product, has crossed 11 million users. That user base isn’t hypothetical DeFi degens rotating between yield farms. It’s largely composed of people in emerging markets using the wallet for actual payments.
