Ethereum's second-layer Linea will launch its token next week, with a valuation of approximately $2.7 billion.


according to The Defiant, Consensys-backed Ethereum Layer 2 Linea announced that it will conduct a token generation event on September 10 and airdrop tokens, with 10% of the total supply allocated to early users and builders, and 75% for the ecosystem fund. Derivatives before listing have been traded on Hyperliquid, with an estimated valuation of about $2.7 billion.