Celo and Lisk Migrate to Ethereum Rollups

Published: 2025-08-19 21:18:33 |

Mid-tier layer-1 chains Celo and Lisk have re-architected themselves as Ethereum rollups to tap into stronger security, liquidity, and network effects. Celo relaunched on the OP Stack in March 2025 using EigenDA, enabling 1-block finality, sub-cent gas fees, and ERC-20 gas tokens. Post-migration metrics show daily active users exceeding 600,000, over $1 billion in monthly stablecoin volume, and a 365% revenue boost. Lisk followed in May 2024, migrating LSK to Ethereum’s blobspace as an OP Stack rollup, drawing 277,000 new accounts and 48 million transactions during its “DAO Season 1” campaign. The shift counters fears of rollups defecting from Ethereum. No major rollup has become a sovereign L1, while independent L1s are defecting the other way. Projects like Arbitrum, Base, OP Mainnet, zkSync, and Linea remain anchored to Ethereum’s settlement and security core. For traders, the trend underscores bullish momentum for Ethereum rollups, with cheaper fees, deeper stablecoin liquidity, and enhanced on-chain UX strengthening market stability and growth prospects.

Bullish

The migration of Celo and Lisk to Ethereum rollups signals stronger network effects and security for rollup-centric scaling solutions. Historically, fears of rollups breaking away to form sovereign Layer-1 chains have proven unfounded. Instead, independent L1s are seeking the shared security and liquidity of Ethereum rollups. This reinforces bullish sentiment around rollup tokens (e.g., OP, ARB, ZKS) and Ethereum-based ecosystems. In the short term, the shift may drive trading volume for rollup-related assets and stablecoins like USDT, as traders capitalize on lower fees and higher throughput. In the long term, the consolidation of L1 projects into Ethereum rollups strengthens Ethereum’s narrative as the settlement layer of choice, potentially boosting ETH’s utility and security premium. Similar to past network effect consolidations—such as DeFi migrations to Ethereum during the 2020–21 bull cycle—this trend underpins a positive outlook for Ethereum rollups and related tokens.