Polymarket odds for Berachain, Linea airdrops on the rise

Source Cryptopolitan

Polymarket odds for Berachain and Linea airdrops in the first quarter of 2025 have risen drastically. Users on the Polygon-based platform have been betting on the projects launching their airdrops in Q1 2025 since the beginning of the year. The platform requires users to bid yes or no, depending on their choice of vote. The platform also ascertains the level of votes on a project, tilting the average odds towards the preferred options.

Polymarket shot to fame during the United States election, where it predicted President-elect Donald Trump as the eventual winner even before the announcement was made. The platform currently has a list of projects that may likely launch in the first quarter of 2025, with users allowed to choose the side they want to bet on. Aside from Berachain and Linea airdrops, the platform has provided users with options to bet on Jumper, Pump.fun, and Aleo airdrops among others.

Polymarket odds for Berachain airdrop rise

Berachain has risen to prominence in the crypto industry, becoming one of the fastest-growing projects. It has also received significant funding, raising $43 million in 2023, before raising $69 million in a funding round in March 2024. According to sources familiar with the matter, the funding round was led by Brevan Howard Digital and Framework Ventures, pushing its value above $1 billion.

Berachain is a layer-1 network, housing a handful of DeFi-related applications in its ecosystem. Its native exchange BEX is also looking to rival Uniswap, allowing users to swap tokens, while its lending protocol BEND, allows users to borrow and lend tokens, just like Aave. According to on-chain data, Berachain has handled more than 500 million transactions since inception, with about 57 million taking place in the last 14 days.

Berachain has also witnessed a surge in active addresses on its platform, rising from 945,000 on Dec 15 to about 3 million presently. The odds of Berachain launching an airdrop, according to Polymarket is at 90%, a figure up by 40% since the market was created. Users can bet on the ‘Yes’ option at $0.89, with the ‘No’ option currently at $0.10. The total volume of bets on the market is presently at $64,471.

Linea ecosystem witness growth ahead of its airdrop

Linea, on the other hand, is a layer-2 network that uses zero-knowledge proofs to supercharge the Ethereum network. It provides tough competition to other layer-2 rivals like Arbitrum, Optimism, and Base. According to on-chain data, Linea has handled about 241 million transactions, with around 241,000 coming in the last 14 days.

Linea has a total value locked (TVL) of $383 million, with popular players like Mendi, ZeroLend, and Lynex in its ecosystem. Linea’s popularity can be attributed to its establishment by the popular crypto firm Consensys. Consensys raised about $450 million via firms like Softbank, ParaFi, and Third Point. The Linea airdrop will be monitored by its foundation, an organization that was created in November 2024.

According to Polymarket, the odds of Berachain launching an airdrop in the first quarter of 2025 is around 88%, up 38% since the market was created. Users can bet on the ‘Yes’ option at $0.90, while they can also bet on the ‘No’ option at $0.13. The total volume of bets on the market is presently around $16,561.

Notably, the increase in odds does not necessarily mean the projects will launch the airdrops in the first quarter of 2025. It means that users have seen signs that have pointed to these projects launching the airdrop, seeing that it is the bettors that shift the momentum with their picks. Meanwhile, other projects like Wormhole, Hamster Kombat, LayerZero, and Eigenlayer have launched their airdrops with mixed success. Eigenlayer, for example, has dropped 30% from its listing figure, while Wormhole dropped a disappointing 82%.

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