Ethereum Layer-2 Linea May Launch Token Before MetaMask as Consensys Prioritizes Protocol Development
The post Ethereum Layer-2 Linea May Launch Token Before MetaMask as Consensys Prioritizes Protocol Development appeared on BitcoinEthereumNews.com.
Joseph Lubin, founder of Consensys, has confirmed that the Ethereum layer-2 network LINEA will launch a token prior to any MetaMask token release, signaling a strategic shift in Consensys’ tokenization roadmap. Lubin emphasized a phased approach focusing on transforming products into decentralized protocols before issuing tokens, ensuring each token serves a clear purpose within the Web3 ecosystem. In his recent statement on X, Lubin highlighted that LINEA’s token launch is imminent, while MetaMask’s token remains uncertain pending its evolution into a protocol-like structure. Consensys prioritizes LINEA token launch ahead of MetaMask, focusing on protocolization to ensure meaningful token utility within Ethereum’s expanding layer-2 ecosystem. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Consensys Prioritizes LINEA Token Launch Amid Strategic Protocolization Joseph Lubin, the visionary behind Consensys, recently clarified the company’s deliberate strategy regarding token launches. Rather than rushing into the market, Consensys is adopting a methodical approach termed “protocolization,” which involves converting existing products into decentralized protocols before issuing tokens. This ensures that tokens are not merely speculative assets but integral components that enhance governance, incentives, and interoperability across Web3 applications. LINEA, an Ethereum layer-2 scaling solution operated by the Linea Association, is positioned as the first project to receive a token. This move aligns with LINEA’s growing prominence, securing approximately $370 million in total value locked (TVL) and ranking among the top ten Ethereum layer-2 solutions according to…
Filed under: News - @ June 15, 2025 11:21 am