SharpLink Stakes $170 Million in Ethereum (ETH) on Linea Network, Boosting Layer-2 Security

In a major move for Ethereum's Layer-2 ecosystem, treasury management firm SharpLink has staked a massive $170 million worth of Ethereum (ETH) on the Linea network. This significant stake, involving 45,000 ETH, is aimed at enhancing the security and decentralization of the ConsenSys-developed zkEVM rollup. The staked assets will be used to participate in Linea's consensus mechanism as an Active Validator, contributing to network validation and block production. This large-scale commitment from an institutional player like SharpLink signals strong confidence in Linea's technology and future, potentially attracting more institutional capital to the Ethereum scaling solution. The move also underscores the growing trend of real-world asset (RWA) firms actively participating in blockchain network security through staking mechanisms.