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Altcoin News

Binance to list LINEA after BNB-based HODLer airdrop

720 million LINEA tokens will be distributed to eligible BNB holders before the asset begins trading across five pairs on September 10.

Written By Jahnu Jagtap
Published 2025-09-08·Updated 7 months ago
Make The Crypto Times preferred on GoogleGoogle
Binance to list LINEA after BNB-based HODLer airdrop

Crypto exchange Binance is adding Linea (LINEA) to its exchange, launching the asset with a retroactive airdrop for eligible BNB holders and a multi-pair spot listing set to go live on September 10 at 16:00 UTC.

LINEA, a zkEVM-powered Layer‑2 rollup built to scale the Ethereum network, becomes the 37th project featured on Binance’s HODLer Airdrops page. The token will be listed with trading pairs against USDT, USDC, BNB, FDUSD, and TRY, and deposits will open a day earlier, on September 9 at 14:00 UTC.

The program’s size

A total of 720,099,900 LINEA (1 % of the token’s max supply) will be distributed to users who subscribed their BNB to Simple Earn or On‑Chain Yields products between August 25 and August 28, 2025. According to Binance, tokens will arrive in users’ Spot Accounts at least one hour prior to the trading launch.

LINEA carries a total supply of 72 billion tokens, with 21.5 %, over 15.4 billion LINEA, circulating upon launch. Additional tokens have been earmarked for post‑listing campaigns:

  • 180 million LINEA allocated for immediate marketing
  • 360 million LINEA set aside for release six months later

All reward details and tokenomics are managed under Binance’s HODLer Airdrops program, which uses historical BNB balance snapshots to calculate user eligibility. The mechanism rewards passive holders with no extra steps needed, only BNB subscriptions to Earn or On‑Chain products. Binance also enforces a 4 % BNB holding cap per user to maintain fairness.

With gas-saving Layer‑2 solutions gaining traction, LINEA’s CEX debut backed by retroactive airdrops marks a strategic push to attract both speculative and long-term interest. Binance’s model aligns with rewards seen in earlier campaigns. Recall how the Lagrange ($LA) airdrop triggered a 170% rally before hitting Binance Alpha. 

Plus, as Ethereum continues to gather institutional momentum, capital rotation trends highlight growing appetite for Layer‑2 tokens beyond the usual Arbitrum/Optimism realm

Also Read: VanEck’s Solana ETF Plans Stay on Track Despite Cboe Filing Removal

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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