Linea (ticker LINEA) is the native token of the Ethereum‑aligned zkEVM Layer‑2 scaling network, backed by ConsenSys and designed to process faster, lower‑cost transactions while reinforcing Ethereum’s security through dual fee burns. Its price rallied on institutional interest — including a reported $170M ETH stake by SharpLink Gaming — but has since remained depressed well below its all‑time high (~$0.046) amid post‑airdrop selling pressure and broader market weakness.
Recent technical indicators show modest rebound potential after oversold conditions, though trading remains volatile and sentiment cautious as investors digest tokenomics and ecosystem adoption.
Long‑term narratives emphasize Linea’s ecosystem growth and on‑chain activity, including yield farming and DeFi integrations, which could support demand if sustained.
LINEA
0.00572
-9.49%