Movement Network Launches Mainnet Beta

The Movement Network Foundation has officially launched its Public Mainnet Beta, marking a pivotal milestone for the Move-based ecosystem. 

With this long-awaited launch, the network now offers permissionless smart contract deployment and streamlined user onboarding, ushering in a new era for decentralized applications built on MoveVM technology.

Impressive Day-One Liquidity

One of the most striking aspects of the launch is the robust liquidity the network has achieved since its inception. 

The Public Mainnet Beta debuted with over $250 million in Total Value Locked (TVL), primarily driven by the Cornucopia program. 

This initiative provided substantial day-one liquidity across multiple assets—including BTC, ETH, stablecoins, and MOVE itself—effectively addressing the “cold start” challenge that many new blockchains face. 

Such impressive liquidity not only instills confidence in developers but also lays the groundwork for immediate DeFi utility and adoption.

Key Features And Network Advantages

The new mainnet beta is engineered to harness the power of the Move programming language while settling transactions on Ethereum. 

Among its standout features are full permissionless smart contract deployment, comprehensive user onboarding, and a canonical Movement bridge powered by LayerZero. 

This bridge facilitates seamless transfers of MOVE along with other popular tokens such as USDT, USDC, wBTC, and wETH, thereby enhancing cross-chain interoperability. 

Additionally, block state attestations are committed to Ethereum as part of the network’s fast finality settlement, ensuring secure and reliable transaction confirmations.

Market Response And Future Outlook

Early market response has been positive, with the MOVE token experiencing an uptick in trading activity as investors and developers alike express enthusiasm over the new platform. 

With a fully operational beta, the Movement Network is poised to attract a diverse range of projects—from innovative DeFi protocols to novel NFT platforms—that can now build and scale without the need for centralized approval.

Looking ahead, the Movement Network Foundation plans to roll out additional features and open up further phases of the network. 

This continued evolution aims to solidify MOVE’s position in the competitive blockchain landscape while driving broader adoption of MoveVM technology.

The launch of the Movement Public Mainnet Beta is not only a technical achievement but also a strategic move toward bridging the gap between cutting-edge blockchain innovation and real-world decentralized finance. 

As the ecosystem continues to grow, the stage is set for transformative developments in the world of digital assets.

Also read: $ETH’s Layer 2 BASE Network Launches On-Chain Futures Trading On Perp.fun.