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.