Ethereum Layer 2 Linea to launch token next week with an estimated valuation of around $2.7 billion

Jinse Finance reported, citing The Defiant, that Ethereum Layer 2 Linea, supported by Consensys, announced it will conduct a token generation event on September 10 and airdrop tokens, allocating 10% of the total supply to early users and builders, and 75% to the ecosystem fund. Pre-listing derivatives are already trading on Hyperliquid, with an estimated valuation of approximately $2.7 billions.