MOVE suddenly surges 17%, KAST collaboration releases new signal

According to the latest news, as of January 15, 2026, Movement (MOVE) has experienced a 24-hour increase of 17.07%, with the current price at $0.04 and a market capitalization rising to $120 million. This surge is not an isolated event but the result of multiple factors working together. The most critical driving force comes from the collaboration between Movement and KAST — KAST has enabled the withdrawal feature for MOVE rewards, supporting users to withdraw to exchanges like Binance, Gate, and external wallets.

Price Increase Across Multiple Timeframes

Time Period Change Price Range
1 hour -0.44% Near current
24 hours +17.07% $0.03–$0.04
7 days +14.76%
30 days +16.40%

From this data, it’s clear that MOVE is not just a single-day rebound but has maintained an upward momentum over the past month. A 14.76% increase in 7 days and 16.40% over 30 days indicate that this project has recently attracted sustained market attention.

KAST Collaboration: The Direct Catalyst for the Rise

Interpretation of the Collaboration Details

According to the latest news, the partnership between Movement and KAST includes two key elements:

  • KAST has enabled the withdrawal feature for MOVE rewards, allowing users to withdraw directly to exchanges like Binance and Gate
  • Movement offers a 4% cashback reward and plans to create wallets and build infrastructure for users

The significance of this collaboration lies in opening up a direct path for reward redemption. Previously, MOVE rewards could only circulate within the KAST platform, limiting their value. Now, being able to withdraw directly to mainstream exchanges effectively provides these rewards with real liquidity and monetization channels. This directly stimulates user participation.

Market Reaction Logic

From futures data in the news, we see that MOVE fluctuated rapidly within just one hour—from an 11.59% increase (00:13) to a 4.52% decrease (00:33). This volatility indicates that the market is digesting the news of the partnership quite quickly — initially driven by positive sentiment pushing prices higher, followed by some profit-taking. However, the overall 24-hour increase remains at 17.07%, suggesting that the market’s overall evaluation of this collaboration remains positive.

Ecosystem Development: Fundamentals Behind the Price Rise

Continuous Application Layer Expansion

Movement’s on-chain ecosystem now includes several DeFi and GambleFi applications such as BRKT, Canopy, DoubleUp, Meridian, etc. These are not small projects; attracting such applications indicates that Movement has a solid technical foundation and user base.

Infrastructure Improvements

Supporting infrastructure like the Movement Bridge and Movement Explorer are also continuously being developed. For a Layer 1 blockchain launched only in July 2024, progress is quite rapid. A robust infrastructure enhances developer and user experience, which is essential for ecosystem expansion.

Funding Support

Movement Labs previously completed a $3.3 million funding round, aimed at supporting the Move language ecosystem and platform development. Sufficient funding reserves provide a safeguard for technological iterations and ecosystem growth, which is also a reason for market optimism.

Key Indicators of Market Performance

According to data, MOVE currently ranks 254th in market cap, reflecting its position as an emerging Layer 1 chain. The circulating supply is 280 million MOVE, accounting for 28% of the total supply, indicating significant room for token release. The fully diluted market cap is approximately $429.74 million, which, compared to the current market cap of $120.33 million, suggests potential upward pressure if circulating supply increases.

The 24-hour trading volume is $104.20 million, nearly 90% of the market cap of $120.33 million. This level of liquidity is quite good among emerging tokens, indicating that platforms like Gate provide sufficient depth for trading.

Summary

This 17% increase in MOVE is driven by tangible factors — the KAST partnership has opened a channel for reward redemption, providing a direct incentive for user engagement. More importantly, this rise reflects the market’s recognition of Movement’s overall ecosystem development. From application diversity and infrastructure improvements to funding support, the project performs solidly among emerging Layer 1 chains. Of course, as a project that only launched in July 2024, Movement is still in its early stages, and fluctuations in market attention are normal. The key is whether ecosystem applications can continue to grow and user base can expand steadily — these are the real determinants of long-term value.

MOVE14.26%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)