Swift teams up with 30+ global banks to deploy blockchain cross-border payments, ETH transaction supply ratio hits its lowest since 2016

【Crypto World】Swift’s blockchain ambitions take another step forward. This global payment clearing giant has officially launched a distributed ledger-based infrastructure integration plan, collaborating with over 30 international banks on design, targeting the critical scenario of real-time cross-border payments.

The technical side is also moving quickly. They have teamed up with Consensys to create a conceptual prototype, and industry insiders speculate that this may involve the Ethereum Layer 2 solution, Linea. As traditional financial channels begin to embrace blockchain, the industry’s imagination is suddenly opened wide.

However, what is more worth paying attention to are the calm signals on the chain. According to CryptoQuant data, Ethereum’s transaction supply ratio (i.e., the proportion of ETH available on exchanges) has fallen to 0.137, the lowest since 2016. What does this indicate? Market participants are accumulating coins. Large holders are reducing their exchange holdings, or in other words, betting on the future. This kind of action by long-term holders often signals that market expectations are brewing change.