Celo Provides Update on Layer-2 Selection, Evaluating Arbitrum, Optimism, Polygon, zkSync

Celo is a lesser blockchain, ranked 26th based on the crucial metric of total value locked, or TVL, at $116 million; for comparison, No. 1 Ethereum has $30.6 billion. But with the big Ethereum layer-2 networks racing to establish themselves as early leaders in the fast-moving space, their pursuit of Celo has taken on an outsize marketing significance – a beauty pageant of sorts, the blockchain industry’s version of The Bachelorette.