Linea Network Introduces 72 Billion Token Supply to Enhance Ethereum Scaling

Launch of Linea Token: Consensys' Ethereum Layer 2 network, Linea, will launch its native token on Sept. 10 with a total supply of 72 billion tokens, dedicating 85% of this supply to ecosystem development and growth initiatives.

Market Activity and Governance: Following a decline in pre-market trading, Linea's governance will be overseen by a consortium of Ethereum-native organizations, ensuring sustainable development without traditional venture capital pressures, while network activity shows significant growth in DeFi metrics ahead of the token rollout.