The native token of the Ethereum Layer 2 network, LINEA, surged by over 14% to reach a peak of $0.029 amidst significant news from SWIFT. The messaging platform has selected Linea for a pilot project as it explores blockchain technology.
SWIFT to Test Its Messaging System on the Linea Blockchain
SWIFT, the Society for Worldwide Interbank Financial Telecommunication, is embarking on a transformative experiment that will impact more than 11,000 financial institutions across over 200 countries.
According to exclusive information from The Big Whale, SWIFT has partnered with Linea, an Ethereum Layer 2 solution developed by Consensys, to explore migrating its primary messaging system onto the blockchain.
Gregory Raymond, co-founder of The Big Whale, shared the announcement on social media:
🟥 Exclusive @TheBigWhale_
SWIFT chooses Linea for blockchain testing
According to information gathered with @BukovskiBuko3, SWIFT and several major global banks (including BNP Paribas and BNY) have chosen @LineaBuild, the Ethereum layer 2 developed by @Consensys, to experiment… pic.twitter.com/EaWLg1IfKp
— Grégory Raymond 🐳 (@gregory_raymond) September 26, 2025
The collaboration will involve over ten major global banks, including BNP Paribas and BNY, as SWIFT aims to partner with more than a dozen institutions on this project. Many of these entities are already engaged in the proof-of-concept phase of the initiative.
A well-placed source indicated that this project, although still in development, could herald significant technological changes in the international interbank payment industry.
Why Choose Linea’s Layer 2 Blockchain?
Linea’s appeal lies in its focus on confidentiality facilitated by advanced cryptographic proofs. Banks find this alignment with regulatory and security requirements appealing.
Offering an enterprise-grade infrastructure platform for global finance, Linea supports financial institutions, including notable names like Mastercard, Visa, and JP Morgan as per the details on its website.
The Consensys-backed platform is designed for blockchain solutions, encompassing tokenization, trading, payments, and on-chain settlement. It also allows integration with decentralized finance protocols, custodians, and real-world asset tokenization platforms.
LINEA’s Price Rises Amid News
SWIFT’s plans and The Big Whale’s report on the development have sparked a notable market reaction from the LINEA community.
As the token surged by over 14%, the increase in price coincided with a 6% rise in daily trading volume, reaching $353 million. These gains allowed Linea to outpace leading cryptocurrencies such as Subsquid, Solv Protocol, and Lombard.
LINEA’s price peaked at an all-time high of $0.04657 on September 10, 2025. This recent uptick could prompt bullish investors to retest this level. Holders and stakeholders will closely monitor the progress of SWIFT’s pilot project as it unfolds.
John is a seasoned journalist at The Bothside News, specializing in balanced reporting across news, sports, business, and lifestyle. He believes in presenting multiple perspectives to help readers form informed opinions. His work embodies the publication’s philosophy that truth emerges from examining all sides of every story.
