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LINEA Airdrop Launches for Historical BNB Holders
Crypto Airdrop News
Binance has unveiled its 37th HODLer Airdrops project featuring Linea, a layer-2 ZK-rollup network designed to scale Ethereum. Users who held BNB in Simple Earn products between Aug. 25-28 will receive retroactive LINEA distributions.
The exchange will list LINEA on Sept. 10 at 4 p.m. UTC with trading pairs against USDT, USDC, BNB, FDUSD, and TRY. Deposits open Sept. 9 at 2 p.m. UTC, with the seed tag applied to the new listing.
Total LINEA supply reaches 72,009,990,000 tokens, with HODLer Airdrops allocating 720,099,900 tokens representing 1% of maximum supply. Circulating supply at launch will be 15,482,147,850 tokens, approximately 21.5% of total supply.
Additional allocations include 180,024,975 LINEA for marketing campaigns post-listing and another 360,049,950 tokens reserved for six months later. These distributions will be announced separately through dedicated campaigns.
Binance's HODLer Airdrops program rewards historical BNB holders through retroactive snapshots rather than requiring ongoing actions. The system uses multiple hourly snapshots to calculate average balances in Simple Earn and On-Chain Yields products.
$LINEA operates as a zkEVM-powered layer-2 solution built to address Ethereum's scalability challenges. The project aims to provide faster transaction processing while maintaining Ethereum's security guarantees through zero-knowledge proof technology.
Eligible participants must complete KYC verification and reside in approved jurisdictions. Several regions, including the U.S., U.K., Canada, and Australia, are excluded from HODLer Airdrops participation.
The token will initially trade on Binance Alpha before full spot market integration. Users can transfer LINEA between Alpha and Spot accounts, with automatic transfers occurring within 24 hours of spot listing.
Trading features, including Spot Algo Orders, Trading Bots, and Spot Copy Trading, will activate with the listing. The project represents continued institutional interest in Layer2 scaling solutions for Ethereum.
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