- Linea (LINEA) token jumped more than 14% and reached an intraday high of $0.029 amid major SWIFT-related news.
- Reports indicate SWIFT and banking partners, including BNP Paribas and BNY Mellon, plan to test a blockchain-based messaging system.
- SWIFT reportedly selected Linea for the pilot project.
LINEA, the native token of the Ethereum Layer 2 network Linea, rose roughly 14% over the past 24 hours, driven by a significant announcement involving SWIFT.
The token hit an intraday peak of $0.029 after reports emerged that the global interbank messaging platform chose Linea to test its messaging system on-chain. LINEA’s gains outperformed many altcoins that have been struggling amid broader crypto price volatility.
SWIFT to test blockchain messaging system on Linea
SWIFT, the Society for Worldwide Interbank Financial Telecommunication that provides secure messaging for more than 11,000 financial institutions in over 200 countries, is reportedly embarking on a transformative experiment.
According to exclusive reporting from The Big Whale, SWIFT has partnered with Linea, an Ethereum Layer 2 solution developed by ConsenSys, to explore migrating its core messaging infrastructure to a blockchain environment.
Grégory Raymond, co-founder 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
The collaboration reportedly includes several global banking giants, with more than a dozen institutions expected to participate, including BNP Paribas and BNY Mellon.
The Big Whale noted that many of these banks are already involved in the proof-of-concept phase for the initiative.
Insiders say the project is still under development, but it could signal a significant technological shift in the international interbank payments sector if it progresses.
Why choose Linea’s Layer 2 blockchain?
Linea’s appeal stems from its emphasis on privacy, enabled by advanced cryptographic proofs that can meet stringent confidentiality requirements.
Banks view these privacy features as compatible with regulatory and security demands in the financial sector.
Linea provides enterprise-grade infrastructure tailored for global finance.
According to Linea’s own materials, the network already supports or engages with financial institutions and payment firms such as Mastercard, Visa and JP Morgan.
The ConsenSys-backed platform is designed to enable blockchain use cases including tokenization, trading, payments and on-chain settlement.
It also supports integration with DeFi protocols, custodians and real-world asset tokenization platforms, making it suitable for institutional workflows.
LINEA price spikes amid the news
The SWIFT plan and The Big Whale’s report triggered a notable market response from the Linea community.
Price chart for LINEA on CoinMarketCap
As the token rose more than 14%, the price gain coincided with a roughly 6% increase in 24-hour trading volume, pushing daily turnover to about $353 million.
Following the spike, Linea outperformed several projects and climbed ahead of many leading coins in intraday performance.
Linea’s all-time high remains $0.04657, reached on September 10, 2025.
If bullish momentum continues, traders may test that previous record level again. Token holders and other stakeholders will be watching the SWIFT pilot closely as it unfolds.