Movement

About Movement

​Movement (MOVE) is a modular blockchain network designed to bridge the gap between the Move and Ethereum Virtual Machine (EVM) ecosystems. Launched by Movement Labs, the platform enables developers to create secure, high-performance, and interoperable decentralized applications (dApps). By leveraging the Move programming language, originally developed by Facebook’s Libra project, Movement offers enhanced security features and parallel execution capabilities. The MOVE token serves multiple functions within the network, including staking, governance participation, and payment of transaction fees. Recently, the Movement Network Foundation announced a $38 million buyback program for MOVE tokens, funded by assets recovered from a market maker’s unauthorized activities.