Users of Polymarket Predicts Linea anticipate the first quarter of 2019 to see the deployment of airdrops by Linea Protocol and Berachain. Based on a little Polymarket poll with $22,000 in assets, the probabilities of Linear’s airdrop being 89% and Berachain’s airdrop being 90% are quite high.
Berachain Rising in Crypto and DeFi
Regarding cryptocurrency, Berachain is now among the most rapidly expanding companies. With $43 million in 2023 and $100 million in March of last year, valued at $1 billion, it is also one of the best-funded.
It is an ecosystem that includes a variety of DeFi-related applications and is a layer-1 network. BEX and BEND are two competing cryptocurrencies; BEX allows users to easily swap tokens, while BEND is a rival Aave cryptocurrency that allows consumers to borrow and lend.
Berachain 533M Transactions and Growing
While BGT Station allows users to participate in BGT’s governance, BERPS allows consumers to trade their preferred tokens. The firm’s native stablecoin, HONEY, links the ecosystem’s dApps.
Since its launch, Berachain’s network has processed more than 533 million transactions, according to data stored on the blockchain. Nearly half of those purchases—57.14 million—occurred within the past week. The number of active Berachain addresses increased, from 945k on December 15 to nearly 3 million.
Top Layer-2 Network with 241M Transactions
Meanwhile, Linea is a well-known layer-2 network that enhances the Ethereum network with zero-knowledge technology. Like Optimism, Base, and Arbitrum, it is a competitor L2 network.
Linea’s network has processed more than 241 million transactions, according to data stored on the blockchain. In the past week, it processed about 240,000 transactions.
According to additional statistics, Linea has amassed a lock value of more than $383 million. Lynex, Mendi, and ZeroLend are some of the major participants in its ecosystem.
onsensys and Linea $450M Investment
Consensys, a prominent player in the cryptocurrency sector, founded Linea, contributing significantly to its fame. Investors such as Softbank, Third Point, and ParaFi have contributed more than $450 million to ConsenSys. The Swiss group that began in November of last year, the Linea Foundation, will be in charge of the airdrop.
A number of well-known cryptocurrency projects have attempted and failed to implement airdrops, including zkSync, EigenLayer, Wormhole, LayerZero, and Hamster Kombat. Between their listing highs, Wormhole’s token and EigenLayer’s value have fallen by 82% and 30%, respectively.
FAQs
What is Polymarket?
Polymarket is a prediction market where users can speculate on the outcomes of events, including cryptocurrency developments like airdrops.
How much are the chances of Linea and Berachain's airdrops happening?
Based on a Polymarket poll, Linea's airdrop has a predicted probability of 89%, and Berachain's airdrop has a predicted probability of 90%.
What is Berachain's current standing in the crypto space?
Berachain is one of the fastest-growing companies in cryptocurrency, valued at $1 billion, with substantial investments and a variety of DeFi-related applications.
How much investment has Berachain received?
Berachain secured $43 million in 2023 and $100 million in March of the previous year.
