LINEA (Linea) rose 11.85% in the last 24 hours.

Gate News Bot news, on November 24th, according to CoinMarketCap data, LINEA (Linea) is currently reported at $0.01, with a rise of 11.85% in the last 24 hours, reaching a high of $0.01 and a low of $0.01. The current market capitalization is approximately $166 million, an increase of $17.6 million compared to yesterday.

Important news about LINEA recently:

1️⃣ SWIFT Chooses LINEA for Blockchain Migration Experiment The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is conducting a months-long experiment using the Ethereum Layer 2 network LINEA to explore the possibility of migrating its interbank messaging system to the blockchain. This significant collaboration demonstrates LINEA's potential in enterprise-level applications, which is expected to drive the expansion of its ecosystem and increase its value.

2️⃣ The LINEA mainnet token generation event (TGE) was successfully held Consensys's Ethereum Layer 2 solution LINEA recently completed its token generation event (TGE), which included an airdrop of 9.4 billion tokens. Despite a brief malfunction during the launch process, the successful completion of the TGE marks an important milestone for the LINEA ecosystem and lays the foundation for its future development.

3️⃣ LINEA Launches Native Yield Feature The LINEA network has launched a native yield feature, providing users with new opportunities for value creation. The introduction of this feature not only enhances the attractiveness of the LINEA ecosystem but is also expected to attract more users and capital inflows, thereby supporting the value of its tokens.

LINEA, as an emerging Layer 2 solution, is actively expanding its application scenarios and ecosystem. Recent significant collaborations and functional updates reflect the project's ongoing development, which may be key factors driving the rise in its token price. However, market participants still need to closely monitor the project's long-term development and overall cryptocurrency market trends.

This message is not intended as investment advice; investments should be made with caution regarding market volatility risks.