Linea Protocol Airdrop: Understanding and Future Prospects

Bittime - Linea Protocol is a Layer 2 solution on the Ethereum network. So, what is Linea Protocol Airdrop and what are the future prospects? Let's listen to the explanation! 

Many people are curious whether the Linea Airdrop will bring great opportunities or whether it will suffer the same fate as several other L2 projects that failed to maintain their value. 

This article will review in more depth about Linea Protocol, its airdrop, and future prospects. Keep following, OK?

What is Linea Protocol?

Linea Protocol is a Layer 2 solution based on zero-knowledge rollups (zk-rollups). This network aims to increase the speed and efficiency of transactions on the Ethereum network with lower fees. 

The project officially launched mainnet on August 16, 2023 and has designed an ambitious roadmap for 2025, including the launch of the LINEA token in the first quarter.

With zk-rollups technology, Linea enables faster and cheaper transactions compared to direct transactions on Layer 1 Ethereum. 

Its presence in the Ethereum ecosystem further strengthens its position in supporting the development of decentralized applications (dApps) and decentralized finance (DeFi).

Read also: BlockDAG (BDAG) Pre Sale Reaches $193 Million!

A Glance at Linea Protocol Airdrop and its Competitors

Linea Airdrop has become one of the most anticipated in the crypto world, considering that several L2 projects have previously succeeded in attracting great attention through free token distribution. 

The price of LINEA on the pre-sale market has jumped to more than $3 (around IDR 48,900), up from the initial price of around $2.4 (around IDR 39,000). 

While this is a positive initial indication, history shows that L2 tokens often have difficulty maintaining momentum post-listing.

Comparison of Linea, Scroll, and Starknet

In comparison, Linea competitors such as Scroll (SCR) and Starknet (STRK) saw significant price drops following their airdrops. 

Scroll, which was previously highly anticipated, is down around 60% from its high and is currently trading around $0.57 (around Rp. 9,291). 

Starknet did even worse, losing almost 95% of its value from its peak price of $4.41 (around Rp. 71,883) to around $0.25 (around Rp. 4,075).

However, Linea has an advantage over its competitors. In Binance's annual report, Linea was listed as one of the zk-rollups with the highest number of daily active users, reaching 750,000 users at its peak in mid-2024. 

Even though this number has dropped to around 41,000 users, Linea is still ahead of its competitors.

Read also: Owners of 100 Million SHIB will automatically become rich if the price of Shiba Inu tokens rises this much

Linea Protocol's Future Prospects

Linea has a great opportunity to become one of the major players in the Layer 2 ecosystem. Notably, the project has the support of ConsenSys, the company behind the popular crypto wallet MetaMask. 

ConsenSys' reputation can provide additional confidence for Linea investors and users.

Additionally, on-chain data shows that Linea has a strong foundation. In January 2025, Linea entered the top five rollups with the highest on-chain profits, achieving $369,570 (around IDR 6.02 billion). 

Although this figure is lower compared to May 2024, when Linea recorded a profit of $612,000 (around IDR 9.98 billion), it still reflects great potential amidst the general crypto market correction.

However, challenges remain. Linea has to compete with other big L2s like Arbitrum, Optimism, and Base, each of which have built strong ecosystems with large communities. 

To remain competitive, Linea needs to ensure fair token distribution and avoid controversies like those experienced by Scroll and Starknet.

Conclusion

Linea Protocol brings great potential to the Layer 2 Ethereum ecosystem with zk-rollups technology that promises faster and cheaper transactions. The airdrop is an important moment that will determine how the community responds to this project. 

With support from ConsenSys and strong fundamentals, Linea has a chance of success, but will still have to face challenges from established competitors.

FAQ

1. What is Linea Protocol?

Linea Protocol is a zk-rollups based Layer 2 solution aimed at improving transaction efficiency on the Ethereum network.

2. When will LINEA token be launched?

The LINEA token is scheduled for release in the first quarter of 2025, although the exact date has not been announced.

3. What is the pre-sale price for LINEA?

LINEA's pre-sale price has reached more than $3 (around IDR 48,900), up from around $2.4 (around IDR 39,120) at the end of January.

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Reference 

Cryptonews, Linea Airdrop: Will the Token Fail or Breathe Life into L2s?, accessed February 11, 2025.

Line, Linea Protocol Official Website, accessed on February 11, 2025.

Author: Y