$MOVE (Movement Network): Powering the Next Generation of Decentralized Applications

3/12/2025, 9:30:34 AM
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$MOVE (Movement Network) is one such project—a cutting-edge Layer 2 solution built using MoveVM that is revolutionizing how decentralized applications are built, secured, and scaled.

In today’s rapidly evolving blockchain landscape, innovation is driven by projects that not only push technological boundaries but also bring real utility to developers and users alike. $MOVE (Movement Network) is one such project—a cutting-edge Layer 2 solution built using MoveVM that is revolutionizing how decentralized applications are built, secured, and scaled. With its robust infrastructure, community-driven ethos, and impressive market metrics, Movement Network is positioning itself as a major player in the blockchain ecosystem.

Movement Network’s technological innovations—spanning the integration of MoveVM and EVM transactions, fast finality settlement via FFS, and decentralized shared sequencing through DSS—set it apart as a truly versatile and forward-thinking platform. Coupled with strategic investments, strong leadership from visionaries like Rushi Manche and Cooper Scanlon, and a commitment to fostering developer innovation through initiatives like its AI hackathon, $MOVE is poised to drive the future of decentralized applications.

For developers, investors, and blockchain enthusiasts alike, Movement Network represents an exciting opportunity to be part of a project that is redefining what is possible in the decentralized world. As the ecosystem grows and more projects are built on Movement Mainnet, $MOVE is set to play a central role in bridging the gap between traditional EVM dApps and the innovative possibilities offered by the Move framework.


Image Source: Twitter X

A Vision for the Future: What is Movement Network?

At its core, Movement Network is an ecosystem of Modular Move-Based Blockchains designed to enable developers to build secure, high-performance, and interoperable blockchain applications. By bridging the gap between Move and Ethereum Virtual Machine (EVM) ecosystems, Movement Network empowers developers to leverage the strengths of both platforms. This dual compatibility is critical to fast-track the onboarding of Web3 projects and offers a powerful value proposition—developers can deploy smart contracts in both Move and EVM bytecode on a single network.

TheMovement is built using MoveVM, a next-generation virtual machine that enhances transaction throughput while providing enhanced security and scalability. The network is designed to support the next generation of decentralized applications (dApps) by offering:

  • Exceptional TPS (Transactions Per Second): Thanks to the innovative Move framework.
  • Instant Finality: Providing users with quick settlement and confirmation.
  • Native Day-Zero Access to Mass Liquidity: Ensuring projects have immediate access to capital.
  • Modular Customizations: Allowing developers to tailor the blockchain to their needs.

The Movement Foundation, the driving force behind the ecosystem, is dedicated to fostering innovation, supporting developers, and accelerating the adoption of MoveVM technology across the blockchain space.

The Movement Mainnet: A General-Purpose Chain Redefining Scalability

Movement Mainnet, developed by Movement Labs, is the flagship chain of the ecosystem. It is the first sidechain atop Ethereum that integrates a range of groundbreaking technologies, including:

  • Celestia for Data Availability: Ensuring decentralized, secure, and reliable data storage.
  • Decentralized Shared Sequencing (DSS): Offering customizable transaction ordering and mitigating risks like front-running attacks.
  • Optimistic Rollup with Dual-Settlement Options via FFS: Providing fast settlement through a fast finality settlement module.
  • The Move Virtual Machine (MoveVM): Delivering unparalleled transaction throughput and efficiency.

This instantiation of the Move Stack Chain framework allows developers to create high-performance, consumer-focused applications with minimal resource expenditure. By supporting both MoveVM and EVM transactions, Movement Mainnet gives developers the flexibility to migrate existing EVM dApps or build new applications that benefit from the advanced features of the Move platform.


Image Source: Website

Core Components of Movement Mainnet.

Movement Mainnet’s unique architecture is powered by three original components that work in synergy to deliver a secure, scalable, and high-performance blockchain experience.

1. The Move Executor

The Move Executor is a critical component that supports both MoveVM and EVM transactions on the same network. This dual-transaction capability enables Web3 developers to:

  • Deploy smart contracts using both Move and EVM bytecode.
  • Migrate or extend existing EVM dApps seamlessly.
  • Benefit from the enhanced security and efficiency provided by the Move framework.

This flexibility makes it easier for developers to onboard onto Movement Mainnet quickly, leveraging the robust existing infrastructure of EVM while exploring the innovations of the Move ecosystem.

2. Fast Finality Settlement Module (FFS)

FFS introduces a fast settlement mechanism that serves as an alternative to conventional optimistic and validity rollup settlements. It works by connecting to a validator network, where validators stake native tokens and form a super-majority (typically 2/3 of total stakes) to confirm the new Move-chain state. The benefits of FFS include:

  • Fast Finality: Significantly reducing the time needed for transaction settlement.
  • Enhanced Utility: Contributing to the overall utility and value of the Movement Mainnet native token.

3. Decentralized Shared Sequencer (DSS)

The decentralized shared sequencer (DSS) module ensures that transaction ordering is both fast and customizable. DSS offers:

  • Verifiable Transaction Ordering: Using templates to enforce fair ordering and mitigate risks such as front-running.
  • Censorship Resistance: Enhancing security by ensuring that no external entity can manipulate transaction order.
  • Sovereign Sequencing: Collecting fees directly by the chain rather than relying on third-party sequencing marketplaces, thus increasing the native token’s utility.

Together, these three components enable Movement Mainnet to deliver on its promise of providing a scalable, secure, and efficient blockchain platform that bridges the Move and EVM ecosystems.

Movement Network Token Metrics: A Snapshot of $MOVE

The success of any blockchain ecosystem is closely tied to the strength and transparency of its native token. Here’s a detailed look at the key metrics of $MOVE:

  • Market Cap: $1.17B
    A robust market capitalization reflects significant investor interest and confidence in Movement Network’s potential.

  • Circulating Supply: 2.40B MOVE
    With 2.40 billion MOVE tokens actively in circulation, the token enjoys widespread distribution among the community.

  • Total Supply & Max Supply: 10.00B MOVE
    The total supply is set at 10 billion MOVE tokens, ensuring a market cap/total circulating ratio of 24.0%. This provides a clear understanding of the token’s inflationary characteristics.

  • Issue Price: $0.3325
    The token was initially issued at $0.3325, serving as a baseline for its performance in the market.

  • All-Time High & Low:

    • All-Time High: $1.34 (achieved on December 9, 2024)
    • All-Time Low: $0.3057 (recorded on December 9, 2024)
      These figures highlight the token’s volatility and the potential for significant price movements in a short period.
  • Fully Diluted Market Cap: $4.89B
    This metric represents the maximum market capitalization of $MOVE if all tokens were in circulation.

  • Number of Holding Addresses: 18K
    A growing base of 18,000 unique holders underscores the broad community support for Movement Network.

  • Number of Listed Exchanges: 15
    With listings on 15 exchanges, $MOVE is easily accessible, ensuring high liquidity and ease of trading for investors.

  • Core Algorithm: ERC20
    Built on the ERC20 standard, $MOVE benefits from the robust security and interoperability of the Ethereum ecosystem.

  • Market Sentiment: Neutral
    Current market sentiment remains neutral, reflecting cautious optimism among investors as the ecosystem continues to develop.

  • Contract Address: 0x30…3073
    The unique contract address allows investors to verify transactions and track token activity on the blockchain

(All data is valid as at the time of writing, 10th Mar 2025)

Movement Network: Bridging the Gap Between Innovation and Mass Adoption

Movement Network isn’t just about technological innovation—it’s also about building a vibrant community and fostering real-world utility. The ecosystem is designed to support the creation of secure, performant, and interoperable blockchain applications, empowering developers across various industries.

Community Focus and Developer Support

Movement Network is a community-focused blockchain that prioritizes:

  • Exceptional TPS: Leveraging the Move framework to deliver high throughput.
  • Instant Finality: Ensuring fast and reliable transaction confirmations.
  • Native Day-Zero Access to Mass Liquidity: Giving projects immediate liquidity from day one.
  • Modular Customizations: Allowing developers to tailor the network to their specific needs.

The Movement Foundation plays a pivotal role by nurturing innovation, offering support to developers, and driving the adoption of MoveVM technology. The recent AI hackathon, where teams built innovative projects in DeFAI, social networking, consumer apps, and security, is a testament to the ecosystem’s dynamic and creative spirit.

$MOVE Team and Investment Milestones.

Leadership: Visionaries Behind Movement Network

Movement Network’s success is fueled by its strong leadership team. Two co-founders stand out:

  • Rushi Manche (Co-Founder):
    With a background as a software engineer at Aptos, Rushi Manche brings deep technical expertise and visionary leadership to Movement Labs.
    View Rushi Manche’s LinkedIn
  • Cooper Scanlon (Co-Founder):
    Cooper Scanlon, who left Vanderbilt University to pursue innovative ventures, has an impressive track record—having built and audited the first yield aggregator with Move before founding Movement Labs. His experience in bridging traditional finance and blockchain technology is instrumental to the project’s success.
    Follow Cooper Scanlon on X

Strategic Investments and Funding Rounds

Movement Network has successfully secured critical funding milestones that underscore investor confidence:

  • Pre-Seed Funding (September 13, 2023):
    The project secured $3.4 million in pre-seed funding from a diverse group of investors, including dao5, Borderless Capital, Blizzard Fund, Varys Capital, Colony, Taureon, BENQI, Interop, Elixir Capital, Calvin Liu, Smokey, Anurag Arjun, and coinflipcanada.

  • Series A Funding (April 25, 2024):
    A significant $38 million Series A round was secured, with investments coming from prominent players such as Polychain, Hack VC, Foresight Ventures, Placeholder, Archetype, Maven 11, Robot Ventures, Nomad Capital, Bankless Ventures, OKX Ventures, dao5, Aptos, Figment Capital, Citizen Kannan, Stani Kulechov, Uma Roy, Jia Yaoqi, Ansem, cygaar, Sandy Peng, Scott Sunarto, Dovey Wan, Jeff Feng, Jayendra Jog, Kenny Li, Keone Hon, Luca Yaoqi, Luca Netz, and Robinson Burkey.

  • Undisclosed Investment (May 1, 2024):
    Binance Labs also joined the investor roster, further validating Movement Network’s potential.

These funding rounds have not only provided the necessary capital to drive innovation but have also solidified Movement Network’s position as a promising and well-supported project in the blockchain space.

The Future of $MOVE: Innovation, Interoperability, and Global Adoption

Movement Network is more than just a blockchain project—it’s a comprehensive ecosystem designed to usher in a new era of decentralized applications. By integrating advanced components like the Move Executor, FFS, and DSS, and by bridging Move and EVM ecosystems, Movement Network offers a robust infrastructure that can support the next generation of high-performance dApps.

As developers continue to explore and build on Movement Mainnet, the network’s capabilities—ranging from instant finality to customizable transaction ordering—will drive mass adoption and unlock new use cases across various industries. Whether it’s DeFi, social networking, consumer applications, or security, the potential applications of $MOVE are boundless.


Image source: CoinMarketCap

How to Buy $MOVE On Gate.io

Step 1: Register for an Account

Start by visiting Gate.io and clicking on “Sign Up” to create your account. Enter your email address, create a secure password, and follow the registration instructions.

Step 2: Complete the KYC Verification

To ensure your account is secure and compliant with global regulations, complete the Know Your Customer (KYC) process. This usually involves submitting a government-issued ID and possibly a selfie. Proper verification increases your account’s security and unlocks full trading features.

Step 3: Deposit Funds

Once your account is verified, deposit funds into your Gate.io wallet You can use various methods, such as bank transfers, credit or debit cards, or even other cryptocurrencies. Make sure you deposit enough funds to cover your desired investment as well as any applicable fees.

Step 4: Locate $MOVE

In the trading section of the platform, use the search bar to find $MOVE. Gate.io typically lists $MOVE with various trading pairs, such as $MOVE/USDT. Review the current market price and available order options before proceeding.

Step 5: Place Your Order

Decide whether to place a market order or a limit order. A market order will execute immediately at the current price, while a limit order lets you set your own price. Enter the amount of $MOVE you wish to purchase, review the order details carefully, and then confirm the transaction.

Step 6: Secure Your Investment

After purchasing $MOVE, it is advisable to transfer your funds to a secure personal wallet. Hardware wallets, like Ledger or Trezor, provide robust security by keeping your assets offline. Alternatively, reputable software wallets can also be used to store your $MOVE securely.

Conclusion: Embracing the Movement for a Decentralized Future

$MOVE (Movement Network) stands at the forefront of blockchain innovation, combining state-of-the-art technology with a vibrant, community-focused ethos. With a market cap of $1.17B, a circulating supply of 2.40B MOVE tokens, and a total supply of 10.00B MOVE—resulting in a market cap/total circulating ratio of 24.0%—the token’s robust metrics underscore its significant market presence. From its initial issue price of $0.3325 to its all-time high of $1.34 and low of $0.3057 (all recorded within days of its release on December 8, 2024), $MOVE has shown both the potential for rapid gains and the inherent volatility of a dynamic market.

Embrace the movement, join the community, and witness firsthand how $MOVE is paving the way for a secure, scalable, and interoperable decentralized future.

Disclaimer: Cryptocurrency investments carry risks. Always conduct thorough research before investing.

Author: Will
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
* This article may not be reproduced, transmitted or copied without referencing Gate. Contravention is an infringement of Copyright Act and may be subject to legal action.

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