Layer 2 · rank #368

Linea LINEA

$0.00283-1.2% 1d+12.6% 7d+26.2% 30d

Red List Recovering Phoenix · monthly · score 87.5 full bullish continuity

Monthly: forming bar is a green 2-Up. Last confirmed swing low 0.00207 (Aug 2026), month 1 of a cycle that has typically run 5.
Weekly: forming bar is a red 2-Up. Last confirmed swing low 0.00207 (Aug 2026), week 3 of a cycle that has typically run 4. Cycle-low confidence 33%.
Daily: bar is a red 2-Up. Last confirmed swing low 0.002457 (2026-09-04), day 3 of a cycle that has typically run 5. Cycle-low confidence 36%.
Red List: 92% below the 2025-10-09 high; +37% off the 365-day low.
Phoenix: 94% decline over 10 months, monthly swing low confirmed (next-bar), now +37% above the trough; no weekly pullback yet — the entry is the pullback, never the chase.
Gauges: Mayer multiple 0.98 (cheap); -89% from the all-time high.

From the peak to today, log scale

Where it sits in each cycle

a swing low confirms only when a later bar takes out the low bar's high

stopped falling, by the rules

Score 87.5

CoinGecko + DefiLlama, pulled 2026-09-07 .xlsx

Health45 / 100 · Thin

Liquidity (24h volume / market cap) can you get out	15.6 %	15.0 / 15
Supply overhang (FDV / market cap) unlocked supply waiting to sell	2.92 x	0.6 / 15
Size (market-cap rank) survivorship	368 #	0 / 15
Usage (price / annualized fees) fees people actually pay to use it (DefiLlama)	131.1 x	7.7 / 20
TVL backing (market cap / TVL) capital parked in it (DefiLlama)	2.38 x	12.7 / 15
Fee momentum (30d vs prior 30d) is usage growing into the recovery	29.4 %	7.9 / 10
Age on Coinbase survived a cycle	0.9 yrs	1.2 / 10

7 of 7 measurable; score renormalized over what was measurable.