Movement ( MOVE ) Price Live Chart

What is Movement (MOVE)?

Movement is a blockchain network, and MOVE is its native token. CoinMarketCap describes MOVE as the token used for transaction fees and for staking to secure the network and describes the network as a Layer 1 powered by the Move programming language.

The network's original pitch was to bring Move-based smart contracts to Ethereum, offering faster and cheaper transactions than Ethereum itself. Move is a language designed with asset safety at its core, and it was originally built for Meta's shelved Diem project.

That pitch has changed. Movement now presents itself as the stablecoin settlement and yield layer for emerging markets. It is committing its focus to cross-border payments, remittances and dollar savings products for markets the traditional financial system has overlooked. CoinGecko's current description echoes this, calling Movement a settlement and yield layer optimized for stablecoin integration and emerging-market financial infrastructure, with sub-second transaction finality.

Search engines and AI assistants often blur these names, so here is a clear breakdown.

• Movement / Movement Network: the blockchain network and its ecosystem.

• MOVE: the network's native token.

• Movement Network Foundation: the independent steward of the network. It supports builders, fosters community growth and oversees long-term development by appointing and supervising service providers, including Move Industries.

• Move Industries, Inc.: the core contributor and now the primary service provider for the network, on behalf of the Foundation. Its CEO is Torab Torabi. Key employees were acquired by Move Industries as part of the operating change.

• MVMT Labs, Inc. (Movement Labs): the original developer, founded by Rushi Manche and Cooper Scanlon. It filed for Chapter 11 in July 2026. CoinGecko now flags that MVMT Labs is a defunct entity with no relation to the current ecosystem and that the token and network continue to operate.

• Rushi Manche: co-founder and former CEO of MVMT Labs. He was suspended in May 2025 and later terminated, and he is the largest unsecured creditor in the bankruptcy.

• Rentech and Web3Port: the intermediary and the market maker at the center of the 2024 to 2025 token-launch scandal.

• Canopy, MovePosition, USDCx: products and infrastructure on the network (see Section 7).

• Aptos and Sui: other Move-language blockchains. They are separate projects from Movement.

The word "Movement" is also easily confused with unrelated "move-to-earn" fitness tokens. This guide covers only the Move-language Movement Network.

The Move Language and MoveVM

Move is a smart-contract language that treats digital assets as first-class resources, which makes it harder to accidentally duplicate or lose them. It was originally developed at Meta for the Diem project.

Movement's original approach: The first version of Movement was described as a network of modular, Move-based blockchains using EigenDA for data availability. It supported Aptos-style Move, Ethereum-compatible chains via Move-EVM, and Sui-style environments, and offered a Movement SDK that combined MoveVM's security with Solidity's flexibility.

The M1 relaunch: Movement's official operating-change announcement describes a transition to a fully sovereign Layer 1 called M1, with native MOVE staking and Move 2.0 support. It claims over 10,000 transactions per second with sub-second finality and validator-based consensus. Move Industries' CEO told The Block that Movement now runs its own validator set on a dedicated Layer 1 and is targeting sub-500 millisecond settlement.

Treat throughput figures as vendor claims. Real-world performance depends on usage and validator conditions.

History and Timeline (2024 to 2026)

• April 2024: MVMT Labs raises a $38 million Series A led by Polychain Capital, following a $3.4 million pre-seed, for about $41.4 million in disclosed equity funding.

• Late 2024: The token launch. Mainnet and the MOVE token debut in early December 2024, and the price peaks near $1.45 within about a day.

• Early 2025: A roughly $100 million Series B at about a $3 billion valuation was reportedly pursued.

• March 2025: Binance identifies that a market maker linked to the launch dumped 66 million MOVE and suspends the market-making account for misconduct. Exchange trading suspensions follow, with Coinbase suspending MOVE trading in May 2025.

• April 2025: A CoinDesk investigation reports that Movement was examining whether it was misled into signing a market-making agreement that gave a single counterparty outsized control of circulating supply.

• May 2025: Manche is suspended after Movement announces an independent investigation. The company separates from him.

• July 2025: The Foundation completes a $37.8 million buyback of 180 million MOVE, partly funded by assets recovered from the banned market maker Rentech.

• December 2025: The Move Alliance launches, and the Foundation and Move Industries announce completion of the operating change.

• February 2026: Winners of the first major hackathon on the new Layer 1 are announced.

• March 2026: Circle's USDCx launches on Movement.

• May 2026: Movement invests in Stableyard, a stablecoin commerce layer.

• June 2, 2026: Movement announces licensed payment rails access in the U.S., Canada and the EU and rebrands around stablecoin settlement.

• June 2026: Reports of a 19% investor-token buyback (about 4.2% of supply).

• July 15, 2026: MVMT Labs files for Chapter 11 in Delaware.

• September 14, 2026: Creditor claims deadline in the MVMT Labs case.

• Mid-October 2026: A reorganization plan is expected under the accelerated Subchapter V timeline.

MOVE Tokenomics

Supply: The maximum supply is 10 billion MOVE. CoinMarketCap lists circulating supply at about 4.5 billion, while other trackers show lower figures such as 4.17 billion, which reflects differences in timing and methodology.

Allocation: Per CoinMarketCap's summary, 22.5% went to early backers and 17.5% to early contributors. The remainder is distributed across other categories such as the Foundation, ecosystem and community programs. Confirm the exact split against official documentation.

Unlocks: MOVE uses cliff vesting, which produces significant monthly unlocks. For example, 164.58 million MOVE (about $2.99 million at the time) were released on May 9, 2026, with similar events scheduled through at least September 2026. Predictable unlocks create persistent sell-side pressure, which is one reason the token has struggled.

Undisclosed advisor memos: One report says leadership signed memos providing up to 10% of MOVE supply to advisors without disclosing it to investors, and that the company said those documents were not legally binding. Treat this as a reported governance issue, not a settled fact about current allocations.

Buybacks: The Foundation has run two notable buybacks:

• A $37.8 million repurchase of 180 million tokens in July 2025.

• A 2026 repurchase of about 19% of investor-allocated MOVE, roughly 4.2% of total supply, which the company described as reassurance about the long-term mission.

The Move Alliance flywheel: Launched in December 2025, the Move Alliance has ecosystem companies commit a portion of protocol revenue to transparent on-chain MOVE buybacks. Apps earn performance-based MOVE incentives instead of launching their own tokens. Examples cited include the DEXs Mosaic and Yuzu Finance. Watch how much revenue actually flows through this mechanism, because the model only works if apps generate real revenue.

Holder underwater problem: Analytics coverage in early 2026 noted that only about 1.1% of MOVE holders were in profit, which implies heavy overhead supply whenever price rallies. This kind of statistic changes daily, but the structural point holds: most holders bought far above current prices.

What is MOVE used for?

1. Gas and transaction fees on the Movement Network.

2. Staking. MOVE staking secures the network, and M1 introduces native staking with validator-based consensus.

3. Ecosystem incentives. USDCx-related liquidity rewards and Move Alliance performance incentives are paid in MOVE.

4. Buyback demand. Revenue-linked buybacks create a possible recurring demand source.

5. Governance and grants. Movement's tooling and grant programs are being refined as part of Move Industries' 12- to 18-month priorities.

6. Trading. MOVE is listed on multiple exchanges.

The key question for MOVE's utility is straightforward: will real payment and savings volume on the network create sustained demand for a token that pays for fees and secures the chain? That has yet to be proven.

The 2026 Pivot: Stablecoin settlement and yield for emerging markets

On June 2, 2026, Movement announced access to licensed payment rails across the U.S., Canada and the EU. It committed its full focus to cross-border payments, remittances and dollar savings. CoinDesk framed this as a pivot away from being another Layer 2 toward becoming a stablecoin-powered payments and remittance network, reflecting a broader trend of crowded L2s seeking real-world payment use cases.

The company cites World Bank estimates that remittances to low- and middle-income countries reached about $685 billion in 2024, and that sender pays an average fee of about 6.36% per transaction. Its website says $265 billion in stablecoins are already in circulation and argues that the settlement layer to move them has been missing.

The builder stack

• USDCx: a native stablecoin on Movement backed 1:1 by USDC held in Circle's xReserve. It is interoperable with USDC across 30+ blockchains via Circle CCTP and Gateway, which avoids third-party bridge risk. Movement was the fifth xReserve integration, after Aleo, Canton, Cardano and Stacks.

• MovePosition: money markets for lending and borrowing on the network.

• Canopy: a vault interface that lets partners offer savings products without building the infrastructure from scratch.

Partners and integrations

• Circle (USDCx), KAST (payments and card issuance across 30+ countries), Sorted (wallets), Yuzu Money (a Canopy curator offering conservative USD yield through T-bills and AAA CLOs), Oro (tokenized gold vaults), Zoth (RWA yield, in which Movement invested), and Avant Protocol (institutional-grade yield products).

Leadership message: CEO Torab Torabi told The Block that the company saw strong demand for payments, remittances and yield in emerging markets, and that it doesn't see itself as a crypto company anymore. He described meetings with leaders in emerging markets, including a trip to Ethiopia where he met the country's president, the Ministry of Finance and major fintech players, and stressed rolling out stablecoin adoption responsibly given capital controls. He also indicated that Circle approached Movement wanting to win market share in these regions.

Reading the pivot skeptically: The strategy addresses a real problem and is backed by recognizable partners. But the segment is crowded, regulation varies by country, and rebranding also helps distance the project from the 2025 scandal. Execution and transaction volume will decide whether this becomes a real business.

The token launch scandal and the bankruptcy, explained.

According to internal documents reported by CoinDesk, a market-making arrangement allowed 66 million MOVE tokens (about 5% of supply) to be sold into the market one day after the token debuted, contributing to a sharp price drop. A Binance investigation found the market maker sold the allocation with little corresponding buy-side activity, netting about $38 million.

The middleman: The deal ran through Rentech, an intermediary connected to the Chinese market maker Web3Port. Movement executives later questioned whether the Foundation believed Rentech was affiliated with Web3Port when it was not. Rentech has denied any wrongdoing or misrepresentation.

Consequences: Binance banned the market-making account, and exchange trading suspensions followed. Movement launched a buyback program and hired the investigations firm Groom Lake to review the deal. Rushi Manche was suspended in May 2025, later fired, and subsequently sued the startup in Delaware. Reports also mention a U.S. Department of Justice investigation linked to events around the token launch, with a Delaware court ruling in March 2026 that Manche was entitled to advancement of legal costs.

The July 2026 bankruptcy: MVMT Labs filed for Chapter 11 in Delaware on July 15, 2026, under Subchapter V, a streamlined track for smaller businesses. It reported assets in the low hundreds of thousands of dollars and liabilities of up to $10 million. Manche is the largest unsecured creditor at more than $1.6 million and holds a 34.25% equity stake. Other creditors include Anchorage Digital, OtterSec and Move Industries.

Why it may not touch the network: Move Industries CEO Torab Torabi said Move Industries is a separate legal entity, that it is operating normally, and that the bankruptcy doesn't affect its operations. CoinGecko carries a similar clarification. Still, the bankruptcy is a reputational overhang, and outcomes in the case (and any related litigation) are worth monitoring.

MOVE Price Context

Recent snapshots (verify live):

• CoinMarketCap: about $0.0096, a market cap near $43 million, ranked about #441, with roughly $43 million in 24-hour volume.

• CoinGecko around July 21: about $0.0108, a market cap near $45 million, and a rank around #474.

• Other sources in recent weeks: about $0.0077 to $0.0084.

Prices differ by source and timing. The reliable takeaway is that MOVE has been trading around one cent, near record lows. One report put the all-time low near $0.0104 in late July, although figures on this vary between sources.

Drivers

1. Corporate and legal news: the bankruptcy filing and any court developments.

2. Pivot milestones: licensing, partnerships, USDCx adoption, and Canopy TVL.

3. Unlocks: scheduled monthly supply increases.

4. Buybacks: supply reduction announcements.

5. Momentum spikes: one June 2026 report described a rally of about 139%, from $0.01173 to $0.02803, with volume up 951%. Such spikes have tended to fade.

6. Broad crypto sentiment and altcoin liquidity.

7. Exchange listings, delistings and trading halts.

A caution on forecasts. Prediction pages for MOVE range from tiny gains to absurd targets, such as a 2026 maximum of $11.20 on one site, versus about $0.10 on another and a few cents on others. That spread shows forecasts are not reliable evidence. This article does not endorse any price target.

Risks and Criticisms

• Reputation and governance risk: The launch scandal, executive turmoil and the bankruptcy of the original developer.

• Legal risk: Ongoing litigation and a reported federal investigation connected to the launch period.

• Token supply risk: Ongoing monthly unlocks and a large share of supply held by early backers and contributors.

• Underwater holders: A very high share of holders are at a loss, which can create persistent selling.

• Execution risk: The pivot into payments requires licenses, partners and users in difficult regulatory environments.

• Competition: Circle's own chain and USDC on dozens of networks, Stripe's Bridge, and many payment-focused chains all target similar use cases.

• Stablecoin dependence: Movement's stablecoin strategy leans heavily on Circle and on regulatory acceptance of stablecoins.

• Liquidity risk: Low market cap and modest volume make price swings sharp.

• Centralization questions: A company-run operator on behalf of a Foundation, with validator decentralization still maturing.

Pros and Cons of Movement

Potential strengths

• Clear real-world focus (remittances, savings) with a large addressable market.

• Recognizable partners such as Circle.

• Native, bridge-free USDC-backed stablecoin (USDCx).

• Licensed payment rails in major markets.

• Revenue-linked buyback design via the Move Alliance.

• Fresh operating entity separate from bankrupt MVMT Labs.

• Deeply discounted from prior highs.

Potential weaknesses

• Scandal legacy and bankruptcy headlines.

• Token unlock overhang.

• Unproven transaction volume in the new strategy.

• Crowded stablecoin-payments field.

• Regulatory complexity in emerging markets.

• High share of holders underwater.

How to buy, store and stake MOVE safely?

1. Check listings and regional availability. Exchange support for MOVE has changed over time, including past suspensions, so verify your exchange currently supports it.

2. Confirm the correct contract and network. Use the official Movement website and Foundation channels. Beware of look-alike tokens.

3. Self-custody with care. Use wallets that support the network you are using, and keep recovery phrases offline.

4. Staking. Native staking is part of the M1 design. Read the current terms, lockups and slashing rules before staking.

5. Beware of scams. Fake airdrops, "claim" sites and impersonators are common around small-cap tokens.

6. Position sizing. MOVE is illiquid and volatile. Only risk what you can afford to lose.

Headline Theme: A Company in Rebrand Mode

Movement's news flow in 2026 is dominated by one story: the project is trying to shed its 2025 baggage and become a payments-and-yield infrastructure company. Its marketing reflects that.

The Rebrand: "Where Money Lives" (June 2026)

The company's website and announcements now use the tagline "Movement: Where Money Lives" and describe a settlement and yield layer for emerging markets. The Foundation's own announcement framed it as securing money transmitter licenses and rebranding as the global settlement and yield layer for stablecoins.

The messaging has a clear logic: users need a stablecoin they can trust, that stablecoin needs rails that clear, and those rails need yield infrastructure that holds up under real redemption pressure. Partners on the network each cover one layer, the company says, and together they close the loop.

CEO Torabi's statements underscore the shift. He described rebranding as partly a way to escape the token-scandal baggage, and said the company is now positioning itself as a fintech infrastructure provider rather than a crypto project.

Licensed Rails and Partnerships (June 2, 2026)

The June 2 announcement was distributed via GlobeNewswire and picked up by CoinDesk, The Block and others. Key points:

• Access to licensed payment rails in the U.S., Canada and EU.

• New ecosystem partners: Yuzu Money as a Canopy curator, Oro as a first cross-chain vault for tokenized gold, and Zoth for RWA yield.

• A stack spanning payments, treasury, savings and liquidity products intended as a single integration layer for neobanks and fintechs.

Stableyard Investment (May 8, 2026)

Movement announced a strategic investment in Stableyard, a stablecoin commerce layer, expanding the ecosystem toward merchant and checkout use cases.

USDCx Launch with Circle (March 2026)

The native USDC-backed stablecoin was a marquee credibility win. Circle described Movement as its fifth xReserve integration. Movement pitched near-zero-fee stablecoin transfers for Global South users as an alternative to existing remittance corridors, and said MOVE rewards would help bootstrap liquidity pools.

Avant and KAST Integrations (April 2026)

Movement integrated Avant Protocol for institutional-grade yield with a tiered loss-absorption structure, and highlighted its KAST partnership, connecting the network to a payments and card platform serving users in more than 30 countries.

M1 Hackathon (February 2026)

Move Industries announced winners of the first major hackathon on the new Layer 1. Builders created DeFi apps, games, consumer products and developer tools, and the company reported that 100% of participating blockchain developers used AI, a stat it used as a marketing hook for the developer community.

Legal and Corporate: The MVMT Labs Bankruptcy (July to October 2026)

MVMT Labs filed for Chapter 11 on July 15, 2026, in the District of Delaware (Case No. 1:26-bk-11113, Subchapter V, before Judge Thomas M. Horan). The creditor claims deadline was September 14, and a reorganization plan is expected around mid-October.

How did the move industries responded? Torabi publicly clarified that MVMT Labs is a separate entity and that Move Industries is operating normally. CoinGecko added a notice to its Movement page making the same point.

Market reaction. MOVE was trading around $0.0104 to $0.0108 at the time, roughly flat to slightly down. Coverage noted the token had yet to stage a meaningful recovery from the 2025 dump.

Why it matters for marketing. The bankruptcy validates the company's argument for a clean break, but it also generated a fresh round of negative headlines just weeks after the rebrand. Expect Move Industries to keep emphasizing legal separation in its communications.

MOVE Token and Market Watch

• Unlocks: monthly unlocks (such as the 164.58 million MOVE release in May) were scheduled through at least September 2026, so supply pressure remains a background factor.

• Buybacks: the 19% investor-token repurchase was framed as a signal of long-term commitment. The July 2025 $37.8 million buyback remains the largest known program.

• Sentiment: Coinbase's data page showed mostly bullish social sentiment in late July, with about 51.7% of sampled posts bullish versus 22.6% bearish and heavy Reddit discussion. Social sentiment is a weak predictor of price.

• Price memory: roughly 98% of holders were reportedly underwater at one point in 2026, so rallies have met selling.

Movement's Marketing Playbook: What They Actually Do

Based on public activity, the team's communication strategy relies on several repeatable tactics:

1. Wire-service press releases. Announcements are pushed through GlobeNewswire in multiple languages, including Chinese and Thai, aiming for reach in target regions.

2. Big-name partner association. Circle, KAST, and Avant lend credibility to a project still rebuilding trust.

3. Founder-CEO interviews. Torabi's interviews with outlets like The Block emphasize practical impact in emerging markets, including his trip to Ethiopia.

4. Narrative reframing. Moving from "another Move chain" to "the settlement and yield layer for emerging markets" gives journalists a fresh angle and separates the project from L2 competition.

5. Data-led storytelling. Citing World Bank remittance figures, average transfer fees and stablecoin supply anchors the pitch in market size.

6. Developer programs. Hackathons, grants and tooling upgrades support the builder pipeline.

7. Token-aligned incentives. The Move Alliance ties app revenue to MOVE buybacks and offers MOVE rewards for liquidity.

8. Transparency messaging. On-chain buybacks and reserve transparency for USDCx are used to answer trust concerns.

9. Legal-distance messaging. Repeated clarifications that Move Industries is separate from MVMT Labs.

A note on the "Foundation." The Movement Network Foundation serves as the independent steward, appointing and supervising Move Industries. Marketing and operations run mostly through Move Industries, while the Foundation handles buybacks, stewardship and community.

What to Watch Next (Sept 28 to Year-End 2026)

1. MVMT Labs' reorganization plan is expected around mid-October, and any effect on Move Industries, litigation or the Foundation.

2. Transaction and TVL data: USDCx supply, Canopy deposits, MovePosition usage and remittance volume.

3. New licenses or corridors: additional country partnerships in Latin America, Africa, Southeast Asia and the Gulf.

4. KAST, Sorted and other fintech partners: user numbers and product launches.

5. Move Alliance revenue: how much protocol revenue is actually going to buybacks.

6. Unlock and buyback announcements.

7. Exchange listing changes.

8. Regulatory developments around stablecoins in the U.S., EU and target markets.

9. Legal news tied to the market-maker matter and any federal investigation.

Bottom Line

Movement (MOVE) is a turnaround story with a heavy past. A high-profile launch collapsed into a market-maker scandal, the original developer entered bankruptcy, and the token trades about 99% below its peak. Move Industries is now betting on a concrete niche: stablecoin settlement and yield for emerging markets, backed by Circle's USDCx, licensed rails and a set of fintech partners. Whether that becomes real volume, and whether MOVE captures value from it, is still unproven. Do your own research, verify live data, and remember that nothing here is financial advice.

Frequently Asked Questions

What is Movement Network?

A blockchain built on the Move language that has evolved from an Ethereum Layer 2 into a sovereign Layer 1 positioned as a stablecoin settlement and yield layer for emerging markets.

What is the MOVE token used for?

Transaction fees, staking to secure the network, and ecosystem incentives.

Who runs Movement now?

Move Industries, Inc. is the primary service provider on behalf of the Movement Network Foundation. Torab Torabi is CEO of Move Industries.

What is the difference between Movement Labs and Move Industries?

MVMT Labs (Movement Labs) was the original developer and filed for Chapter 11 in July 2026. Move Industries is a separate legal entity that now operates the network.

Did Movement go bankrupt?

The original developer, MVMT Labs, filed for Chapter 11. Move Industries and the network say they are operating normally and are not part of that filing.

What was the Movement market-maker scandal?

A market-making agreement allowed roughly 66 million MOVE, about 5% of supply, to be dumped after launch, causing a sharp price crash. Binance banned the market-maker account. Rentech denies wrongdoing.

Who is Rushi Manche?

A co-founder and former CEO of MVMT Labs, suspended in 2025, later terminated, and now the largest unsecured creditor in the bankruptcy.

What is the total supply of MOVE?

10 billion tokens.

How many MOVE tokens are circulating?

About 4.5 billion, according to CoinMarketCap, though other trackers show somewhat different figures.

What is USDCx?

A dollar stablecoin on Movement backed 1:1 by USDC held in Circle's xReserve, and interoperable with USDC across 30+ chains.

What is Canopy?

A vault interface that lets partners offer savings products without building the underlying infrastructure.

What is the Move Alliance?

A program launched in December 2025 in which ecosystem apps commit protocol revenue to on-chain MOVE buybacks in exchange for performance-based MOVE incentives.

Is Movement an Ethereum Layer 2?

It started as one. It is now described as a sovereign Layer 1, although it still emphasizes EVM compatibility and connections to Ethereum-style ecosystems.

Is Movement the same as Aptos or Sui?

No. Aptos and Sui also use Move-based languages, but Movement is a separate network.

What is MOVE's all-time high?

About $1.45 in December 2024, shortly after launch.

Will MOVE recover?

Nobody can know. The outcome depends on real adoption of the new strategy, token supply dynamics, legal outcomes and market conditions.

Is Movement a good investment?

That depends on your risk tolerance. It is a small-cap token with scandal history, heavy unlocks and an unproven pivot, so consider it high-risk.

Is MOVE a scam?

Reports describe a market-making scandal and executive turmoil, and the team has responded with investigations, buybacks and a restructured operator. That is not the same as a proven scam, and the network and partners are real. Evaluate the evidence yourself.