Movement (MOVE) Price, Charts & Market Data

MOVE tokens serve multiple functions within the Movement Network ecosystem:

• Transaction Fees: MOVE is used to pay for gas fees on the Movement Network's Layer 2 platform. A portion of these fees is allocated to settle transactions on the Ethereum Mainnet. *Staking for Economic Security:** Validators stake MOVE tokens to provide economic security for the network. By confirming the correctness of the network's state, active validators receive MOVE staking rewards.

• Governance and Decentralization: MOVE token holders can participate in the decentralization of governance over time. They have the ability to propose and vote on governance proposals to change certain network parameters and engage in future community initiatives. *Native Asset Utility:** As the native asset of the Movement Network, MOVE is utilized in various applications built on the network, including asset liquidity, collateral, and payment solutions.