Movement Network, a relatively new project in the ever-growing cryptocurrency world, has been in the spotlight thanks to its impressive price action over the past week. Speaking of its fundamentals, Movement Network is the first Move-EVM L2 for Ethereum and provides open-source tools for adopting the Move programming language across blockchain systems.
Furthermore, backed by Polychain Capital, BNB Labs, and HackVC, Movement Labs aims to revolutionize blockchain interoperability technologies in the Web3 space.