According to @ai_9684xtpa, Movement has secured over $40 million in funding, with investments from Binance Labs and OKX. The project leverages Ethereum Layer 2 and the Move programming language. The user is preparing to engage with market makers before the Movement TGE (Token Generation Event), anticipating significant activity similar to STRK and WLD during their testnet phases. Movement has also launched Galxe during its testnet phase.

According to IntoTheBlock, Base has emerged as the top performer among Ethereum Layer 2 solutions in Q2, recording a substantial increase in transactions. This performance highlights Base's growing adoption and potential impact on the Ethereum ecosystem.