Joseph Lubin, founder of Consensys, announced that the Ethereum layer-2 network LINEA is expected to launch a token before MetaMask. He shared this update in response to token-related questions on X.
Lubin emphasized that Consensys is adopting a deliberate approach, focusing on transforming products into decentralized protocols before issuing tokens — a process he refers to as “protocolization.” Token launches will follow as projects mature and grow community governance.
LINEA, managed by the Linea Association, is an Ethereum scaling solution designed to enhance transaction efficiency and lower costs. According to L2Beat data, LINEA ranks among the top 10 Ethereum layer-2 networks, securing about $370 million on its platform. Although the token launch was initially planned for the end of Q1 2025, that timeline was missed, but Lubin confirmed the launch remains forthcoming.
Several Consensys products may issue tokens over time, each intended to serve distinct roles within a wider Web3 ecosystem, such as governance, incentives, and interoperability across decentralized applications.
Despite ongoing speculation about a MetaMask token, Lubin refrained from making commitments. He highlighted that any token associated with MetaMask would depend on its evolution into a more protocol-like framework, indicating it is not yet ready for such a development.
MetaMask remains one of the most popular Ethereum wallets, with over 30 million users in 2024, serving as a gateway between users and decentralized apps. Previous warnings about fake token scams have accompanied speculation around a MetaMask token.
Lubin clarified that any token tied to MetaMask would be part of a carefully planned and broader rollout strategy within Consensys’ ecosystem.
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