The crypto bull has returned to the crypto market after SWIFT announced to be working on a dedicated blockchain. But who’s getting the SWIFT nod: Hedera (HBAR), Ripple (XRP) or Linea? The latest competitor uses a zero-knowledge roll-up technology that can batch transfers off-chain by sending lean cryptographic proof to Ethereum (ETH) L1.
Indeed, SWIFT announced blockchain testing on their global bank message service for late 2025, so November should be hot for Ripple (XRP) & Hedera Hashgraph (HBAR) supporters. More recently, tongues have been wagging about SWIFT’s testing of Linea, an Ethereum (ETH) based Layer-2 chain.
SWIFT’s Buttoned-Up System To Take In Crypto?
Processing over $155 trillion in annualized trading volume, the traditional financial market conglomerate is looking to meet customers’ demand for immediately settled transactions. Partnering in this trial with Consensys, the company behind MetaMask DeFi wallet, SWIFT aims to reduce the processing time to one hour at most.
Linea inherits Ethereum’s (ETH) 15-30 transactions per second (TPS), but the Layer-2 has its own boosts that can at least triple this speed. Meanwhile, Ripple’s (XRP) can handle up to 1,500 TPS, having an edge over both HBAR & Linea in terms of practically-proven volume weights.
Real Chances Of XRP, HBAR & Linea’s Adoption
XRP’s third position by global market cap comes naturally with billions of dollars in daily trading volume on Spot. The popular remittance altcoin garners billions on leveraged markets too. On the other hand, the competing Hedera (HBAR) altcoin nets figures around $200 – 300 million per day, despite having 10,000 TPS capabilities with shardings potentially adding even more.
Within the fierce competition, Ripple (XRP) clearly has the most ample experience. On the other hand, HBAR Network’s gigantic Distributed Ledger Technology (DLT) capabilities might seduce SWIFT just as much as XRP Ledger, while Linea’s testing remains an absolute wild card due to the roll-up’s freshman status.
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People Also Ask:
SWIFT handles global payments but is slow. XRP (fast payments), HBAR (scalable), and Linea (Ethereum-based) aim to make it faster and cheaper.
SWIFT takes days. XRP and HBAR settle in seconds; Linea’s faster than Ethereum but slower than XRP/HBAR.
XRP and HBAR are in live SWIFT trials (2025). Linea isn’t directly involved at the moment.
XRP excels with bank ties, HBAR’s scalable for enterprises. Linea’s DeFi focus isn’t ideal.
XRP or HBAR adoption by SWIFT could speed up trillions in payments, boosting their value.
