The native token of the Ethereum layer-2 blockchain Movement, called MOVE, experienced a significant price rally, outperforming the broader crypto market. The token reached an intraday high of $0.877 and closed with a market capitalization of nearly $2 billion. This rally was accompanied by a 63% increase in trading volume and a surge in open interest in its futures market. The price surge is likely due to Movement's partnership with BitGo to bring WBTC onto its mainnet, as well as the recent launch of its own mainnet. MOVE has also gained traction by securing listings on major exchanges. Despite the broader market slump, experts suggest that MOVE could continue to rally in the coming weeks and potentially surpass $1.



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