Welcome to the Movement (powered by Move Industries) Overview, a monthly deep dive into the Movement ecosystem that explores the network’s latest developments, metrics and more. All in one place.
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Movement Metrics
Daily transactions: 27.1K (+70.4%)
Network transactions per second: 50 tx/s (+4.2%)
Daily active users: 7.2K (+89.5%)
Total Value Locked: $154M (-24.8%)
Movement stablecoin market cap: $41.6M (-2.05%)
The metrics are accurate at the time of publication.
Movement Monthly Spotlight
Movement's four-week M1 Hackathon, which started shortly before the launch of its M1 Mainnet in December, saw more than 100 teams using the Move programming language to build various games, DeFi and consumer apps, as well as developer tools. Notably, all teams leveraged AI coding assistants in order to speed up development and provide deeper protocol-level experimentation.
Hackathon winners included:
The Fallen Court: A dungeon-based crawler game that alters the level based on wallet activity
Trace: Lets developers fork their apps on Movement mainnet for testing purposes
Movehat: A toolkit that includes deployment tracking and mainnet forking
SportsMove: A decentralized sports betting app that uses live odds
AlgoArena: Lets users place bets based on what trends price action will follow
Predictly: A prediction market that lets users participate in a group format
Hackathons like M1 provide a structured environment for developers to learn, experiment and deploy on new infrastructure. By emphasizing developer tooling, the event addressed a key area for Move: giving builders the resources to efficiently create applications and developer workflows.
Developer engagement is a priority for Move’s ecosystem, as early applications and tooling can lay a foundation for future projects. This approach mirrors industry trends, where hackathons and incentive programs can go on to accelerate ecosystem growth and attract developers.
What’s Move-ing the Ecosystem
Movement saw daily transactions hit a record high of 78.7K on Jan. 28, driven by the network’s recent partnership with KAST to give cashback rewards in MOVE tokens
Movelady’s NFT project will launch on Movement
Movement hosted a livestream with Tender Merchant to showcase MOVE’s spending power on its point-of-sale device
Keep Moving
Want to explore Move Industries further?
Explore Parthenon, Movement’s interactive community hub featuring ecosystem dApps
Movement is hosting a networking event on Feb. 18 during ETH Denver
Catch you next month.
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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.