Linea, a zkEVM Layer 2 network by ConsenSys, has surpassed $1 billion in total value locked (TVL) since its mainnet alpha launch in July 2023. The platform, which supports over 100 decentralized applications (dApps), offers Ethereum-equivalent functionality and significantly reduces gas fees by up to 99% through zk-SNARK proofs.
Backed by Microsoft and Coinbase Ventures, Linea is progressing through a five-phase roadmap aimed at achieving full decentralization. Notably, the network has no venture capital risk token allocation, enhancing its appeal to developers and users seeking a decentralized and cost-effective solution.
Linea TVL Exceeds $1 Billion with Over 100 dApp Integrations
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