Ethereum treasury firm SharpLink stakes $170M ETH on Linea network

SharpLink, a treasury management firm focused on Ethereum, has staked $170 million worth of ETH on the Linea network, which is designed for Layer 2 scaling solutions. This significant investment aims to enhance the firm's yield generation capabilities and strengthen its position within the Ethereum ecosystem. The move is part of a broader trend where firms are increasingly leveraging Layer 2 networks to optimize transaction efficiency and reduce costs. SharpLink's decision underscores the growing confidence in the Linea network's potential for future growth and scalability.

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