Banks are building hybrid infrastructure where XRP may coexist, but regulatory clarity is needed for scale by 2027.
SWIFT has selected Linea, an Ethereum-based layer two network, for a new blockchain messaging pilot program. This initiative involves more than twelve financial institutions, such as BNP Paribas and BNY Mellon. The project will examine the efficiency of on-chain transactions within a regulated and scalable framework.
It may also include a settlement token resembling a stablecoin. This development prompts questions about the role of XRP and XRP Ledger in the ongoing modernization of global finance.
Linea employs zk-rollup technology, which supports thousands of transactions per second with enhanced privacy and security. SWIFT executives confirm that the industry is moving beyond experimental phases toward scalable solutions. Interoperability remains a central focus, as banks require systems that connect central bank digital currencies, stablecoins, and tokenized assets without friction. Tom Zschach of SWIFT emphasized that the challenge is not the instrument but how to connect various digital assets effectively.
Ripple and other platforms have offered rapid settlements using XRP for years. However, SWIFT's pilot does not incorporate XRP, leading to discussions about its future utility. Despite this, XRP Ledger possesses technical strengths, including transaction finality in three to five seconds and minimal fees. It also aligns with ISO 20022 standards and supports services like RippleNet. ETHNews analysts suggest that SWIFT will likely adopt a multi-channel approach, utilizing multiple blockchains based on specific needs for liquidity, compliance, and cost.
Banks are preparing for a hybrid financial infrastructure, where XRP Ledger could operate alongside Linea and other networks. This potential coexistence underscores that XRP might not be the exclusive solution but could serve as a component in a broader, evolving ecosystem. The pilot programs are expected to continue through 2026 or 2027, shaping the future of cross-border payments.
Ethereum's network activity is at record levels, with 1.6 to 1.7 million daily transactions, the highest in its history. The recent Go-Pulse v3.3.0 upgrade, which advanced the client from version 1.13.13 to 1.16.3, has improved performance and efficiency, reinforcing Ethereum's role in decentralized finance.
Meanwhile, large transfers of ETH have sparked speculation of whale movements, particularly after substantial withdrawals were sent to Deribit, suggesting potential derivatives positioning.
ETHNews analysts note that if Ethereum maintains momentum above $4,300, it could attempt another push toward $4,600-$4,800. However, rejection at resistance may lead to consolidation or a pullback toward $4,000 before any new breakout attempt.