terça-feira, maio 19, 2026
HomeBlockchainLINEA price spikes 14% as SWIFT picks Linea for pilot

LINEA price spikes 14% as SWIFT picks Linea for pilot


  • Linea token LINEA has jumped by over 14% to succeed in highs of $0.029 amid main SWIFT information.
  • Reports say SWIFT and financial institution companions together with PNB Paribas and BNY are set to check blockchain messaging system.
  • SWIFT has chosen Linea for the pilot.

LINEA, the native token of the Ethereum Layer 2 community Linea, has surged by 14% previously 24 hours, with a pointy spike approaching the again of a serious SWIFT announcement.

The token reached intraday highs of $0.029 as information emerged that the interbank messaging platform has chosen Linea for testing its system on the blockchain. Gains noticed LINEA outpace many altcoins that struggled amid broader crypto price turmoil.

SWIFT to check messaging system on Linea blockchain

SWIFT, the Society for Worldwide Interbank Financial Telecommunication, which facilitates safe messaging for over 11,000 monetary establishments throughout greater than 200 international locations, is embarking on a transformative experiment.

According to exclusive insights from The Big Whale, SWIFT has partnered with Consensys-developed Linea, an Ethereum Layer 2 answer, to discover migrating its core messaging system onto the blockchain.

Gregory Raymond, co-founder of The Big Whale, shared the information on X.

The collaboration will even contain world banking giants, with over 10 banks together with BNP Paribas and BNY.

SWIFT can be set to crew up with over a dozen establishments on the venture, mentioned The Big Whale, with many of those already engaged within the initiative’s proof-of-concept part.

According to a well-placed supply, the venture, although nonetheless in improvement, may herald a major technological overhaul of the worldwide interbank funds trade.

Why the layer 2 blockchain Linea?

Linea’s attraction lies in its emphasis on privateness, enabled by superior cryptographic proofs.

The banks see this as aligning with the regulatory and safety calls for of the banking sector.

Linea provides an enterprise-grade infrastructure platform for world finance.

Per particulars on its web site, the community already helps monetary establishments like Mastercard, Visa and JP Morgan.

The Consensys-backed platform is designed for blockchain options, together with tokenization, buying and selling, funds, and onchain settlement.

It permits for integration with decentralized finance protocols, custodians, and real-world asset tokenization platforms.

LINEA price spikes amid information

SWIFT’s plans and The Big Whale’s report on the event triggered a notable market response from the LINEA group.

LINEA price chart on CoinMarketCap

As the token soared over 14%, the price improve was accompanied with a 6% improve in every day buying and selling quantity to $353 million.

The beneficial properties noticed Linea be part of the likes of Subsquid, Solv Protocol and Lombard in outpacing the highest cash.

Linea price reached its all-time excessive of $0.04657 on September 10, 2025.

The uptick may, due to this fact, see bulls try to retest this stage.

Holders and stakeholders will intently monitor the progress of SWIFT’s pilot as it unfolds.





Source link

Related articles

Latest posts