🌀 $LINEA post-Airdrop: The dust settles and the focus returns to technology

December has been an intense month for Consensys's zkEVM. After the frenzy of the airdrop, the network enters a crucial stabilization phase.

Current Key Points:

1. Airdrop Closure: The deadline to claim tokens officially ended on December 9th. Unclaimed tokens have returned to the ecosystem fund, eliminating that latent selling pressure.

2. "Fusaka" Update: Let's not forget that at the beginning of the month, the network successfully activated this update, reducing transaction costs and improving compatibility with Ethereum.

Outlook:

Line is experiencing the typical volatility and selling pressure that follows a massive token unlock (that of December 10th). Now that the "free money" has exited, it is time for the superior technology and Consensys's network to demonstrate its organic value to attract long-term liquidity.

#zkEVM #Layer2 #Consensys #Ethereum #Web3