The LINEA coin (token symbol: LINEA) is the native cryptocurrency of the Linea network, a Layer 2 scaling solution for Ethereum developed by blockchain technology company Consensys.
Key Information
Technology: Linea is a zero-knowledge Ethereum Virtual Machine (zkEVM) rollup, which means it processes transactions off the main Ethereum chain (Layer 1) using zero-knowledge proofs to ensure security, before sending the compressed data back to the mainnet. This significantly increases transaction speed and reduces costs.
Purpose: The primary purpose of the LINEA token is to incentivize user activity and development within the Linea ecosystem. It is distributed to users and builders interacting with the network.
Gas Fees: The Linea network uses ETH (Ethereum's native coin), not LINEA, to pay for gas fees. This design choice aligns the network closely with the Ethereum ecosystem.
Tokenomics: The tokenomics include a unique dual-burn model where 20% of gas fees paid in ETH are burned, and 80% are used to buy back and burn LINEA tokens, aiming to drive value back to both assets.
Institutional Adoption: The network has gained attention due to collaborations and trials with major financial institutions, including a partnership with SWIFT to explore on-chain messaging and payment settlements.
Current Price and Market Data
As of November 16, 2025, the price of the Linea token is approximately $0.01098 USD.
