#LINEA al Alert: SWIFT โ the worldโs largest financial messaging network handling over $150 trillion annually โ is officially testing blockchain payments on Linea, Ethereumโs ultra-fast Layer 2 developed by the team behind MetaMask.
๐ฅ Thatโs right โ the same system banks use for global transfers is now going crypto. Linea brings lightning-fast settlement and near-zero fees by batching transactions off-chain and verifying them on Ethereum with zkEVM cryptographic proofs.
๐ง The Big Reveal:
Consensys CEO Joe Lubin confirmed that BNP Paribas and BNY Mellon are part of the pilot program, signaling a massive TradFi-to-DeFi shift. Full details are expected at TOKEN2049 Singapore, and insiders say this could redefine cross-border payments forever.
๐ธ Market Impact:
$LINEA is already up 12% this week, trading near $0.0295 with $244M in volume. Each SWIFT transaction on Linea burns ETH fees and fuels $LINEA buybacks โ cutting supply, boosting demand ๐
๐ฆ Why It Matters:
Banks could soon move tokenized assets, bonds, and funds on Linea โ all secured by Ethereum. Experts predict $16 trillion in assets might flow through crypto rails by 2030.
โก From โjust another L2โ to โSWIFTโs Layer 2 backboneโ, Lineaโs rise could set a new gold standard for institutional blockchain adoption.
๐ Analyst Target: $0.07โ$0.10 if momentum continues!
