01.09.2025 12:20
Drawing from internet resources, early trading activity for the LINEA token has commenced, with its debut price in the pre-market session establishing a fully diluted valuation hovering near $3.6 billion, anticipating the forthcoming Token Generation Event (TGE).
Numerous platforms are now facilitating pre-market contracts, including Binance which offers up to a 5x leverage, Bybit Alpha providing up to a 10x multiplier, and Hyperliquid with a 3x leverage, alongside other exchanges, enabling speculative opportunities before the official launch.
Currently trading at approximately $0.05, the LINEA token's pre-market valuation, when fully diluted, reaches an estimated $3.6 billion. This figure places it in a competitive bracket within the Layer 2 scaling solutions, positioned below Arbitrum's market capitalization of approximately $5 billion but surpassing Optimism's valuation of around $3 billion, thereby providing investors with a tangible reference point for its initial market assessment.
The precise schedule for the Linea TGE remains undisclosed; however, the development team has previously indicated that information regarding airdrop eligibility and event specifics will be disseminated with a minimum of one week's notice.
ConsenSys-developed Linea is a zero-knowledge Ethereum Virtual Machine (zkEVM) rollup engineered to deliver enhanced scalability and efficient execution of smart contracts. A distinctive feature of Linea's architecture, differentiating it from many other Layer 2 networks, is its tokenomics, which designates Etherem (ETH) as the sole gas token. The LINEA token itself is strategically allocated as a mechanism for incentives and ecosystem funding, rather than being utilized for gas payments or governance functions. The total supply of 72 billion LINEA tokens allocates a substantial 85% towards fostering ecosystem expansion, with the remaining 15% designated for specific purposes not fully detailed in the provided information.
