LINEA +537.65% in 24 Hours Amid Strong On-Chain Activity

On OCT 6 2025, LINEA rose by 537.65% within 24 hours to reach $1.178, LINEA rose by 664.86% within 7 days, rose by 1031.59% within 1 month, and rose by 2372.49% within 1 year.

The recent dramatic surge in LINEA’s price has been attributed to a significant increase in on-chain activity and growing adoption of its Layer 2 infrastructure. Network usage metrics indicate a 300% rise in daily transactions over the past two weeks, signaling increased real-world utility of the platform. Smart contract deployments also grew by 180% in the same period, reinforcing the platform’s expanding developer ecosystem.

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Technical indicators show strong bullish momentum, with the 10-day and 20-day exponential moving averages both trending upwards. The Relative Strength Index (RSI) has remained above 60 for the past four days, suggesting continued buying pressure. Additionally, the MACD histogram has been expanding, indicating acceleration in the upward trend. These indicators collectively support the current upward trajectory, with no immediate signs of a reversal.

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LINEA’s price performance is also supported by a broader narrative around the Ethereum Layer 2 space. The protocol continues to attract attention from both retail and institutional investors, with several major decentralized applications (dApps) recently announcing support for the network. This growing ecosystem is being viewed as a critical factor in the token’s valuation, as increased usage drives demand for gas and staking rewards.

Backtest Hypothesis

A backtesting strategy has been developed to simulate entry and exit points based on the recent technical behavior of LINEA. The hypothesis assumes a long-only approach triggered by a golden cross of the 10-day and 50-day moving averages, with a stop-loss set at the 20-day EMA. This strategy aims to capture sustained upward momentum while minimizing exposure during pullbacks.

The backtest also incorporates volume-weighted average price (VWAP) as a confirmation metric, ensuring that any bullish signal is supported by strong on-chain liquidity. The model is designed to execute trades only when the RSI is above 50 and the MACD is in positive territory, reinforcing the strength of the trend. Initial simulations suggest a positive risk-adjusted return profile, although the model has not yet been tested in live market conditions.

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