Linear (LINA) price gains 30% after transition to Binance Smart Chain

Cointelegraph

Published Feb 13, 2021 12:35PM ET

Updated Feb 14, 2021 03:20PM ET

This week Linear Finance (LINA) emerged as a viable competitor to Ethereum-based projects in the DeFi sector that find themselves hampered by congestion and high transaction costs.

Data from Cointelegraph Markets and TradingView shows that on Jan.13 LINA was trading for $0.0135 with a 24-hour trading volume of $2.3 million. Since that time its price increased by 750% to an all-time high of $0.10 on Feb.12.

LINA/USDT 4-hour chart. Source: TradingView

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