Celo upgrade hindered: Celo is scheduled to implement the Layer 2 upgrade on January 16, 2025. Coinbase has warned users to withdraw CGLD before January 13 to avoid losing access.
CEO’s disappointment: CEO Olszewski expressed disappointment in Coinbase’s decision and questioned why Celo is not supported when other EVM-compatible layers are benefiting. He is concerned about Ethereum’s expansion capabilities.
Diverse opinions within the community: Some opinions suggest Coinbase’s decision may be a communication error. Meanwhile, some former members argue that supporting a new chain is technically and regulatory complex.
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