- Linea token (LINEA) surges over 14% to reach $0.029 amid major SWIFT announcement
- Reports say SWIFT and partner banks, including BNP Paribas and BNY, set to test blockchain messaging system
- SWIFT reportedly selected Linea for the pilot
LINEA, the native token of the Ethereum Layer 2 network Linea, rose roughly 14% over the past 24 hours, spiking sharply after a major announcement involving SWIFT.
The token hit an intraday high of $0.029 following reports that the interbank messaging platform chose Linea to pilot a blockchain-based messaging system. The gains pushed LINEA ahead of many altcoins that have struggled amid the broader crypto market volatility.
SWIFT to test blockchain messaging on Linea
SWIFT, the global cooperative that provides secure messaging services to more than 11,000 financial institutions across over 200 countries, is reportedly launching an experiment to explore a technological shift.
According to exclusive insights from The Big Whale, SWIFT has partnered with Linea, an Ethereum Layer 2 developed by ConsenSys, to explore migrating its core messaging infrastructure to a blockchain environment.
Grégory Raymond, cofounder of The Big Whale, shared the news on X (formerly Twitter).
🟥 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
This collaboration is reported to involve more than ten major global banks, including BNP Paribas and BNY.
The Big Whale said SWIFT plans to work with over a dozen institutions on the project, many of which have already participated in proof-of-concept stages for the initiative.
Sources indicate the project remains under development but could represent a significant technological overhaul for cross-border payments infrastructure.
Why Linea as a Layer 2 blockchain?
Linea’s appeal centers on its focus on privacy, enabled by advanced cryptographic proofs.
Banks view these privacy features as compatible with regulatory and security requirements in the banking sector.
Linea provides an enterprise-grade infrastructure platform designed for global financial use cases.
According to available documentation, the network already supports relationships with financial institutions and players such as Mastercard, Visa, and JPMorgan.
The ConsenSys-backed platform is built for blockchain solutions including tokenization, trading, payments, and on-chain settlement.
It also facilitates integration with decentralized finance protocols, custodians, and tokenization platforms that bridge real-world assets to blockchains.
LINEA price jumps on the news
Reports about SWIFT’s plans and coverage by The Big Whale triggered a clear market reaction among the Linea community.
As the token rallied more than 14%, trading volume rose about 6% to $353 million on the day.
Those gains placed Linea alongside projects such as Subsquid, Solv Protocol, and Lombard in outperforming many top coins during the move.
Linea previously reached an all-time high of $0.04657 on September 10, 2025.
The recent uptick raises the possibility that bullish momentum could attempt to retest that record level.
Holders and stakeholders will be closely watching developments in SWIFT’s pilot program and any official updates as the project progresses.