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Information about Linear (LINA)
Linear is a decentralized asset trading protocol created and developed by Drey Ng, co-founder and director of Liquefy, a company dedicated to providing solutions based on blockchain technology. Linear is designed to enable users to trade, issue, and manage several synthetic assets via collateral, including cryptocurrency, commodities, gold, oil, and foreign exchange.
According to the development team, Linear enables investors to trade easily and rapidly, obtain assets at fair market values, and achieve significant cost savings. Linear’s ecosystem consists of the following:
News
Linea plans to launch its token in Q1 2025 with pre-market prices above 3.00 USD. The success of this launch will significantly affect Linea’s market activity and overall network reputation.
Despite a peak of over 750,000 active addresses, Linea has seen a decline, with current engagement around 41,000 addresses. Furthermore, its challenges mirror those faced by similar projects like Scroll, impacting investor confidence.
Linear Finance (LINA) rises 25.74% after 24h
Linear Finance is one of the leading decentralized finance (DeFi) platforms located in Hong Kong, the city increasingly solidifying its status as a crypto hub in Asia.
Over the past 24 hours, this asset has gained 25.74% with a trading volume of $69 million.
Linear (LINA) grew by 131.25% after 1 week, leading Top Trending
In the last 24 hours, LINA’s trading volume reached 215.14 million USD, 4 times the average volume of the past 10 days.
Based on a one-week price movement, LINA has gained 131.25% of its value, reaching the highest level in 13 months.
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