$LINEA – Where Does It Stand?
Linea’s launch has stirred up a lot of noise in the market. After years of building, expectations were sky-high—but the token’s debut didn’t go as planned.
Price action so far:
Pre-market listings on CEX saw Linea almost wiped out.
The airdrop checker event triggered another ~40% drop, with many users frustrated by allocations.
Current FDV is only around 1.87B, far below the likes of $OP, $ARB, $STRK, or $ZK at their TGE.
It’s clear the timing of the TGE wasn’t ideal compared to other L2 launches.
Why the Split Opinions?
Right now, the community is divided:
Bearish view (<$0.05, FDV ~3.6B)
L2 is seen as yesterday’s story. For this group, Linea is late to the party. A high FDV launch just means the ending comes faster.
Neutral range ($0.05–0.1, FDV ~3.6–7.2B)
Traders expect chop here—speculators, hedgers, and airdrop sellers colliding. High volatility, lots of two-way plays.
Bullish case (>$0.1, FDV 7.2B+)
If ETH keeps climbing past $4K toward $6–8K, sentiment will change fast. In that environment, Linea could benefit from the ETH ecosystem spotlight and maybe replay some of the hype we saw with $STRK.
Bottom Line
Linea’s launch is less about fundamentals and more about positioning. Different players—farmers, hedgers, funds—are all trying to maximize their slice. That creates chaos, but also opportunity.
For active traders, the key isn’t choosing a side, but navigating the volatility smartly, and making use of rebates or incentives along the way.
