LINEA

LINEA

linea Rank #390
Explorers: etherscan.io intel.arkm.com ethplorer.io lineascan.build

Market Data

LINEA Price
$0
LINEA 24h Change
+0.86%
LINEA 7d Change
-6.89%
LINEA Market Cap
$54.46M
LINEA 24h Volume
$6.98M
LINEA FDV
$161.25M
LINEA Circulating Supply
24,179,536,833
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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