The Linea project, backed by Consensys, has announced a decision to postpone its token launch until the cryptocurrency market improves. Here are the key aspects of this decision.
Postponed Token Launch
Following a recent poll among users, Declan Fox confirmed that the Linea team has chosen to wait for better conditions in the crypto market before launching the token generation event (TGE). Fox stated that the main objectives are to improve communication, reignite excitement around the ecosystem, and raise standards.
Market Influence on the Project
The cryptocurrency market is currently in recovery mode after recent declines caused by new tariffs introduced by President Trump. During this time, the prices of major tokens like Bitcoin and Ethereum have experienced significant changes, affecting the overall market picture.
Community Expectations
According to the poll results, many users are still hopeful for a Linea token airdrop. However, over 50% of respondents expressed a lack of confidence in the project, while 42.3% believe the TGE will occur in the second quarter of 2025.
In conclusion, Linea continues its planning amid market uncertainties. Community expectations remain high, yet trust in the project appears to be waning.
