Movement Network will transform into a Layer 1 blockchain, supporting native token staking and Move 2

ChainCatcher reports that, according to BlockchainReporter, Move Industries announced that the Movement network will transition from a sidechain architecture to an independent Layer 1 blockchain. The company states that this move will significantly improve performance, support native token staking, and provide support for Move 2.

As a Layer 1 blockchain, Movement will be able to handle over 10,000 transactions per second, with transaction confirmation times of less than one second, a substantial upgrade from the current network’s 500-600 TPS limit. The design of the Layer 1 blockchain aims to fully leverage the performance potential of the Move Virtual Machine (MoveVM) while removing the centralized sequencer, which poses a single point of failure in the sidechain model.

Only unlocked MOVE tokens are eligible for staking. According to this rule, investors or core contributors holding locked tokens cannot participate in staking. Move Industries states that this helps tie staking rights to genuine, active holders. Movement will also be among the early adopters of Move 2 language features.

Move 2 introduces fundamental developer features such as enum types and function values. Movement’s Layer 1 blockchain will be the first to support these new features. A public testnet for developers is upcoming, and the organization plans to complete the mainnet migration by the end of 2025.

In a previous announcement in May, Movement Labs was reorganized and renamed Move Industries, implementing a new governance and product roadmap.