Joseph Lubin Teases Future Rewards for Linea Holders Amid 20% Price Drop

Linea (LINEA), the Ethereum layer-2 token launched by Consensys, saw its price tumble by over 20% in the past 24 hours trading around $0.022 as of today after briefly spiking to an all-time high of $0.046 following its highly-anticipated airdrop this week. As the token faces heavy post-airdrop sell pressure, Consensys founder Joseph Lubin is hinting at potential future rewards for long-term holders, signaling that loyal Linea users could be in for ecosystem benefits despite current price volatility.

Lubin Hints at Airdrop and Loyalty Rewards for LINEA Holders

In a statement on X, Joseph Lubin suggested that users who hold LINEA tokens for a sustained period may be eligible for future token distributions not just from Consensys, but from other aligned ecosystem projects as well.

“If we notice, at some date in the future, that you’ve held n LINEA tokens for m days, that just might lead to another token landing in your account,” Lubin teased.
He also mentioned a collaborative effort between MetaMask and Linea, fueling speculation about a possible joint incentive program or utility integration.

Lubin’s comments were in response to mounting community calls for greater utility, staking, or lending options for the token. Some users even suggested that Linea initiate token buybacks or implement direct staking mechanisms to add value for holders. Meanwhile, skeptics labeled the token a “memecoin” given its recent price swings and lack of immediate use cases.

Token Generation Event and Ecosystem Allocation

Linea’s token generation event (TGE) distributed 85% of total tokens to the community and ecosystem growth, reserving just 15% for the Consensys treasury. Despite the robust allotment for user rewards, the majority of immediate recipients opted to sell their tokens, triggering steep downward price action characteristic of many recent airdropped layer-2 tokens.

• All-time high: $0.046 on September 10, 2025
• Current price: $0.022 (down over 50% from ATH and more than 20% in the last 24 hours)
• Trading volume: Over $230 million in the last day
• Supply: 15.8 billion LINEA circulating (total supply: 72 billion)

Unique Approach: Fee Buybacks, No Governance

Unlike many rivals, Linea does not grant holders direct governance rights. Instead, the token’s stated function is to drive network usage, with up to 80% of blockchain surplus fees earmarked for routine token buybacks and burning, reducing total supply. The remaining 20% of fees are used to burn Ethereum (ETH), underscoring Linea’s tight alignment with the broader Ethereum ecosystem.

Linea aims to create a “virtuous cycle,” where tokens are distributed as usage rewards and then bought back with network-generated revenue, potentially supporting higher long-term value.

Community Response and Path Forward

Linea’s price decline is part of a wider trend among airdropped layer-2 tokens, with many experiencing rapid sell-offs post-distribution before seeking stability through ecosystem incentives. Community voices are pushing for clear utility, real rewards, and mechanisms that encourage holding rather than dumping tokens.

Lubin’s teasers of future rewards underline that the team is listening, and efforts are underway to create more engaging, long-term benefits for loyal Linea holders.

Linea’s next chapter will depend on how effectively it rolls out real-world token utility and rewards to transform cautious holders into committed community builders.