Yigit Taha OZTURK 
A Layer 2 network utilizing zkEVM technology within the Ethereum ecosystem is planning to launch the LINEA token in the first quarter of 2025. Consensys-incubated, the project is taking a significant step towards decentralization by announcing the formation of the Linea Association, an independent, non-profit organization based in Switzerland that will oversee the governance of the network.
The goal of the Linea Association is not only to shape the future of the network but also to advance the development of the zkEVM mainnet and facilitate its decentralization. The development process will be supported by mechanisms such as governance, decentralized sequencing, and proving. Additionally, Consensys’s popular MetaMask wallet will support the distribution of decentralized applications (dApps).
Founder and Linea Association board member Nicolas Liochon emphasized that decentralization is at the core of the project’s vision: “This network must be a public good, owned and governed openly by all, just like Ethereum. This means the future of the project will be in the hands of our community, empowering users and developers to shape its roadmap together.”
Token Launch and Future Plans
The highly anticipated LINEA token launch, scheduled for Q1 2025, will enable users to participate in network decisions through token holder governance. The role of token holders in decision-making will be crucial in shaping the future of the project. However, details regarding the economics, distribution strategies, and token allocation remain undisclosed.
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In just 15 months since its launch, the project has become one of the fastest-growing zkEVM networks on Ethereum. It surpassed 230 million transactions, while its ecosystem expanded from 150 partners to over 420.
Consensys and MetaMask
In addition to Consensys, the popular MetaMask wallet is offering a decentralized web3 experience. However, there has been no official announcement regarding the potential launch of a MetaMask token. Joe Lubin had previously revealed plans for MetaMask to eventually launch a token, which would help form a DAO structure and fund development within the MetaMask ecosystem.
Additionally, the victory of Donald Trump in the recent U.S. election has raised hopes for a more crypto-friendly regulatory environment, as Trump has promised to take a more favorable stance on crypto regulation. His plans include removing SEC Chairman Gary Gensler and making changes that may benefit the crypto sector.
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