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Linea Daily Transactions Hits 4.4 Million Milestone, Tops Last Week

Key Points:

Linea daily transactions surged by 148%, hitting 4.4 million, with active addresses rising 75% to 569,000.
Popular contracts like AlianSwap drive Linea’s heightened activity, reflecting the growing interest in Layer 2 solutions.
Linea hints at a native token launch via airdrop, potentially rewarding active users and backed by Consensys and VC investments.

In the last week, Linea, a zk-rollup Layer 2 solution aimed at addressing Ethereum’s scalability challenges, has experienced a significant surge in user activity.

Source: growthepie

Linea Daily Transactions Mark Surge in Activity

Linea daily transactions have soared by 148% to 4.4 million, while active addresses have spiked by 75% to 569,000, marking historic highs. This surge is believed to be linked to Linea Park activities.

The most utilized contracts on Linea include AlianSwap, Micro3, FrogWars, Layer3, zAce, and ACG Worlds. The uptick in Linea daily transactions underscores heightened user interest in Layer 2 solutions, particularly evident during an airdrop to introduce native tokens.

Linea Teases Native Token Launch Supported by Consensys

Launched on the mainnet in July last year, Linea has rapidly cultivated a thriving ecosystem of applications. Speculations suggest that Linea may soon introduce a native token, potentially distributed through an airdrop initiative akin to Starknet’s strategy.

This initiative aims to reward community members who actively contribute to Linea’s initial development, especially those who consistently utilize Linea, bridge assets from Ethereum’s main network to L2, and engage with various smart contracts.

The forthcoming token distribution could have significant economic implications for the community, considering Linea’s development by Consensys, a renowned software company, and the substantial VC investments secured, including from Animoca Brands and Coinbase Ventures, totaling millions of dollars.

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Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.