MOVE crypto has experienced an impressive surge of 40%, breaking free from a descending channel, attributed to the completion of a 10 million token buyback by the Movement Network Foundation.
Amidst global uncertainties involving the United States and Iran, positivity in the crypto market was noted as it overcame previous weaknesses. Key cryptos including Bitcoin, Ethereum, XRP, and Dogecoin saw gains as market confidence recovered.

MOVE Crypto Surges 40%

While the spotlight has been on various popular cryptocurrencies recently, some high-performing altcoins like MOVE7, the token of the Ethereum layer-2 platform known as Movement, witnessed significant progress. Following notable sell-offs in Q2 2025, this token surged, moving past important resistance points with a 40% increase against the US dollar.
With buyers active in the market, there is potential for MOVE’s price to soon exceed $0.18, thereby recovering June losses and setting the stage for a promising Q3 2025.

Why Is Movement Rallying?

On June 20, the Movement Network Foundation reported the successful completion of a token buyback program, aimed at stabilizing the price and restoring investor confidence after previous controversies.

“Movement Network Foundation has completed a buyback of 10M $MOVE as part of our buyback commitment. Here is the transaction: https://t.co/b8sZg7yLas
— Movement Network Foundation @movementfdn (June 20, 2025)
This initiative follows the strategic transfer of 500 million MOVE tokens to Binance earlier in May for the Launchpool Season 2 effort. This was seen as aligning with token holders to ease fears regarding delisting risks.
The broad market recovery comes after a tumultuous start to 2025 for MOVE holders, some of whom experienced a delisting from Coinbase due to prior issues. Furthermore, significant governance changes were initiated within the Movement organization to mitigate risks and rebuild trust.