Ethereum Foundation Strengthens With Linea Becoming The Economic Backbone – See How

Linea is rapidly becoming a key component of Ethereum's scaling solution, designed for faster and cheaper transactions. It aims to become Ethereum's economic backbone, attracting over $1 billion in Total Value Locked (TVL) and $130 million in stablecoins. The platform uses a buyback and burn mechanism tied to protocol revenue, enhancing its economic model. Deep integration with MetaMask and a developer-focused architecture contribute to its user-friendly design and scalability. Rumors of a token airdrop and institutional deployments highlight the growing interest in Linea. Crypto analysts emphasize Linea's infrastructure is built for real revenue and adoption. Linea leverages zkEVM technology to provide speed, low gas fees, and Ethereum-grade security. It provides a platform for developers and smooth experiences for users, transforming complex blockchain experiences. A pivotal moment involves SharpLink, a public company, deploying $200 million in ETH on Linea. This deployment showcases the potential of Ethereum's institutional adoption, powered by EigenLayer's EigenCloud, ether_fi restaking, and Anchorage. This signifies Ethereum's evolution as the primary institutional store of value, solidifying Linea's significance in web3.