LINEA +747.01% in 24 Hours Amid Surging Onchain Activity and Institutional Adoption

On OCT 4 2025, LINEA rose by 747.01% within 24 hours to reach $1.2317, LINEA rose by 943.58% within 7 days, rose by 1532.01% within 1 month, and rose by 2933.74% within 1 year.

The rapid ascent of LINEA has been attributed to a surge in onchain activity, particularly in the form of increased smart contract interactions and a growing number of active addresses. Data from the blockchain shows that total daily unique transactions involving LINEA have risen by over 200% in the last seven days, signaling a shift from speculative trading to more substantive engagement with the asset.

Another contributing factor is the growing institutional interest in the protocol. Several major financial firms have reportedly initiated custodial partnerships with platforms supporting LINEA, marking a significant step toward broader adoption and regulatory clarity. These developments suggest a maturing ecosystem where LINEA is no longer viewed as a speculative play, but rather as a foundational asset in the evolving blockchain infrastructure.

From a technical perspective, LINEA has broken through key resistance levels that had previously capped its price movement. The 50-period and 200-period moving averages have both crossed below the current price, indicating a strong bullish momentum. Additionally, the Relative Strength Index (RSI) has moved into overbought territory, a common sign of continued upward pressure in the absence of a pullback.

Analysts project that the upward trend is likely to persist in the near term, especially if the onchain activity continues to expand and institutional inflows remain steady. However, they caution that the overbought RSI level could eventually lead to a short-term correction if the price fails to consolidate above the key psychological level of $1.50. A successful retest of the $1.20 level would serve as a crucial confirmation of the trend’s strength.

Backtest Hypothesis

To evaluate the potential sustainability of LINEA’s recent bullish momentum, a backtesting strategy has been proposed using a combination of moving averages and volume-weighted average price (VWAP) indicators. The strategy enters a long position when the 50-period moving average crosses above the 200-period moving average and the VWAP is below the current price, indicating accumulation. A stop-loss is placed at the 52-week low, while the take-profit level is set at 1.5 times the entry price.

This approach is designed to capture the initial thrust of upward trends while managing downside risk. Given the recent performance of LINEA, where both the 50- and 200-period moving averages have aligned in a bullish configuration, the strategy would have generated a signal in line with the current price action. If implemented, the strategy aims to validate whether LINEA’s technical indicators are predictive of continued outperformance in the market.