6%of the submission of Mainnet and REX ETFs increases.

Despite a wider decrease in encryption market, the movement of Movement Network has soared more than 6% today and 14% a week.

Optimistic propulsions follow the results of starting a new ETF application of Movement Mainnet Beta and REX stocks and OSPREY funds.

Mainnet beta on Movement Network is broadcast live

Mainnet was operated at 15:00 UTC on March 10 and provided a major bridicing mechanism driven by Layerzero. Users can now move assets such as MOVE, USDT, USDC, WBTC and WETH to a moving block chain.

This launch provides more than $ 233 million fluidity to the network, including BTC, ETH and MOVE supplied through the Movement Cornucopia program. This rollout allows developers and users to interact freely with the network for the first time.

The movement was originally developed as part of Facebook’s digital currency initiative, which was originally abandoned in 2022.

Since then, programming languages ​​have been used for tier 1 projects such as SUI and APTOS, and Movement Labs has expanded to create Etherrium -based Layer 2.

REX shares a file for a movement ETF with the SEC

On the same day as Mainnet Launch, investment company REX stocks and OsPrey Funds submitted to introduce ETFs that track ETFs.

Previously, REX stocks have obtained ETF approval for various password assets, including meme tokens such as Trump, Bonk and Doge.

Reports occur as SECs have more funds for assets with many SECs and fall in securities. Previously, the Commission announced that it would not be regarded as a securities.

In addition, under the new leadership, regulators have dismissed some lawsuits and investigations related to companies such as Coinbase, Krake, and Robinhood. This positive development affects more ALTCOIN ETF applications.

With this positive development, MOVE has now exceeded $ 1.2 billion from its market cap. Altcoin’s trading volume has also surged more than 40% today.