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Linea (LINEA) - What is it? The 37th Project on Binance HODLer Airdrop

9/9/202512 min read
Linea (LINEA) - What is it? The 37th Project on Binance HODLer Airdrop

Linea (LINEA) - What is it? The 37th Project on Binance HODLer Airdrop

Linea is a Layer-2 ZK-EVM project developed by Consensys, the company behind MetaMask. After a successful testnet phase, Linea is launching its mainnet and is included as the 37th project in Binance's HODLer Airdrop program.

What is Linea?

Linea is a Layer-2 scaling solution for Ethereum using the zkEVM technology. This means it inherits Ethereum's security, offers low transaction fees, instant withdrawals, and full EVM compatibility. It's designed for seamless integration with MetaMask, aiming for full decentralization by 2025.

Key Features:

  • Security: Inherits Ethereum's security model while increasing throughput and reducing fees.
  • zk-Proof Technology: Enables instant and free withdrawals, eliminating the waiting periods associated with optimistic rollups.
  • Ethereum Compatibility: Supports the entire EVM, allowing for easy migration of existing Ethereum projects and assets.
  • MetaMask Integration: Provides easy on-ramping, bridging, and swapping for users, leveraging MetaMask's large user base.

Linea's Operation Mechanism

  1. Transaction Submission: Users initiate transactions on the Ethereum bridge contract.
  2. Processing on Linea: The Coordinator manages data flow, the Sequencer orders and executes transactions, the Trace Merger combines data, and the EVM State Manager updates the EVM state.
  3. zk-Proof Generation: Transaction data is sent to the Prover to generate a zk-proof, verifying transaction validity without requiring trust.
  4. Completion and Return to Ethereum: The zk-proof and Merkle tree are updated and sent back to the Ethereum bridge contract for verification.

Linea's Highlights

  • zkEVM Technology: Offers improved developer experience and easier migration of Ethereum DApps.
  • Consensys Ecosystem Integration: Leverages Consensys' resources and the vast user base of MetaMask.

Linea's Roadmap

Linea's roadmap is divided into five stages:

  • Stage 0: Mainnet Alpha launch.
  • Stage 1: Open-source stack and 100% EVM coverage.
  • Stage 2: Diversification of the Security Council and permissionless withdrawals.
  • Stage 3: Decentralization of key roles and governance.
  • Stage 4: Multiple provider deployments and limited governance.

Token Information

  • Name: Linea
  • Ticker: LINEA
  • Total Supply: 72,009,990,000 LINEA

Token Distribution

  • 85% for the ecosystem (10% for users and early contributors, 75% for ecosystem development, public goods, and Ethereum R&D)
  • 15% for Consensys (locked for 5 years)

Linea on Binance HODLer Airdrop

Binance's HODLer Airdrop includes LINEA. Users who deposited BNB into Simple Earn and/or On-Chain Yields products between August 25th, 2025, and August 28th, 2025, are eligible. LINEA will be listed on Binance on September 10th, 2025.

Conclusion

Linea is a promising Layer-2 solution backed by Consensys. Its participation in the Binance HODLer Airdrop increases its visibility and potential for adoption.

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