Movement Labs will launch Ethereum L2 “M2” based on Move VM

Movement Labs announced plans to launch M2, which is the first Move virtual machine L2 that is applicable to Ethereum and is extended with Celestia as a modular DA. Starting from M2, Movement is building a blockchain ecosystem based on modular Move, where M2 becomes possible through Celestia's Blobstream and modular stack. With modularity at its core, Movement will release public products and tools to promote the adoption of Move programming language in a wider blockchain ecosystem.