Celer Network (CELR) Price Surges 36% in Last 24 Hours

Celer Network (CELR) Price Surges 36% in Last 24 Hours

  • One of Celer Network’s unique cBridge products now includes a new blockchain.
  • Celer will begin by offering five items as bridge support for Conflux eSpace.

Since last week, the Bitcoin (BTC) price has fluctuated several thousand dollars, and certain altcoin values have surged to new all-time highs after big announcements. Interoperability across the main blockchain networks and projects that plan to make significant upgrades shortly were the top winners on March 31.

Recent Growth and Advancement

The Celer Network uses Off-chain transaction handling to increase processing speeds and reduce transaction costs. Furthermore, in light of the news that CELR was selected as the interoperability layer for the BSC Application Sidechain (BAS) on the BNB Smart Chain, CELR has risen in value.

One of Celer Network’s unique cBridge products now includes a new blockchain. In addition, conflux eSpace bridging functionality has been added to the protocol, which aims to provide users with a wide range of blockchain interoperability choices.

Celer Network (CELR) Price Surges 36% in Last 24 Hours

Celer Network (CELR) Price Surges 36% in Last 24 Hours

CELR/USDT: Source: TradingView

The cBridge solution, quick, trustworthy, and low-cost, now allows customers to connect assets across the Ethereum and Conflux networks. The Celer cBridge is a low-cost means of securely connecting two blockchains for crypto assets. Celer will begin by offering five items as bridge support for Conflux eSpace before adding additional assets in the future. Celer announced the integration on its blog on March 29.

With the use of cBridge, Celer can facilitate cross-chain transactions across blockchains. In addition to the newly added EVM-compliant chains like Clover and Conflux, Celer has added more than 20 blockchains to its ecosystem. According to CoinMarketCap, the Celer Network price today is $0.079440 USD with a 24-hour trading volume of $621,399,282 USD. Celer Network is up 35.60% in the last 24 hours. 

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