Ethereum's supply on exchanges has fallen to its lowest level since 2016, with the exchange supply ratio dropping to 0.137, according to CryptoQuant data. This indicates a significant reduction in the amount of ETH available on exchanges, potentially signaling increased holding by investors. In parallel, Swift is advancing its blockchain integration efforts, collaborating with over 30 banks and ConsenSys to develop a prototype that has drawn comparisons to Ethereum's Layer 2 solution, Linea. This initiative highlights the growing interest in blockchain technology among financial institutions. Ethereum's price remains closely monitored as on-chain activity continues to rise.