LINEA

LINEA

lineaRank #391
Explorers:etherscan.iointel.arkm.comethplorer.iolineascan.build

Market Data

LINEA Price
$0
LINEA 24h Change
-3.19%
LINEA 7d Change
+0.10%
LINEA Market Cap
$65.77M
LINEA 24h Volume
$9.15M
LINEA FDV
$191.97M
LINEA Circulating Supply
24,527,101,521
LINEA All-Time High
$0.05

About LINEA

LINEA is the native utility and governance token for Linea, an Ethereum-equivalent zkEVM Layer 2 scaling solution developed by Consensys. Designed to strengthen the Ethereum economy, the token is integral to a unique dual-token burn mechanism where transaction gas simultaneously burns both ETH and LINEA (in a 1:4 ratio) to reinforce Ethereum's monetary policy. It facilitates native yield for bridged ETH to incentivize liquidity and supports a decentralized ecosystem through a community-focused distribution model. Governance of the network and its ecosystem fund is managed by a consortium of prominent Ethereum builders, including Consensys, Eigen Labs, and ENS. The asset serves as the foundational utility for institutional-grade infrastructure and DeFi applications within the Linea network.

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