Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Moonbeam Begins GLMR Migration to Base Before July 31

Moonbeam Begins GLMR Migration to Base Before July 31

CoinCryptoNewzCoinCryptoNewz2026/07/05 14:06
By:CoinCryptoNewz
  • Moonbeam launched the GLMR migration with a July 31, 2026 bridge deadline.
  • GLMR will become a native ERC-20 token on Base through a 1:1 swap.
  • Moonbeam introduced a decentralized AI agent protocol alongside the network transition.

Moonbeam (GLMR) migration to Base has officially begun, marking a significant change for the Ethereum-compatible network. The project confirmed that GLMR holders can now bridge tokens through the official portal before the July 31, 2026 deadline. The move also introduces the new Moonbeam Protocol, designed for decentralized AI agent communication and on-chain settlement.

Moonbeam GLMR Migration Introduces New AI Focus

The Moonbeam GLMR migration will convert GLMR into a native ERC-20 token on Base through a 1:1 swap. According to the project, users who complete the migration will maintain their participation in the protocol after the transition.

Something big is happening and we want you to be part of it.

After years of building on Polkadot, Moonbeam and GLMR are going somewhere new. Today we are announcing the full migration of the GLMR token to Base and the upcoming launch of the new Moonbeam Protocol: a…

— Moonbeam (@MoonbeamNetwork) July 3, 2026

Moonbeam said the move represents a strategic shift away from its long-standing role within the Polkadot ecosystem. The network plans to gradually wind down its existing blockchain while expanding its presence on Base.

Alongside the migration, Moonbeam unveiled the Moonbeam Protocol, a decentralized infrastructure that enables AI agents to discover services, negotiate tasks, and settle payments using verifiable on-chain proofs.

Moonbeam GLMR Migration Requires Action Before July 31

The Moonbeam GLMR migration requires self-custody holders to bridge their tokens before the July 31 deadline using the project’s official migration portal. Users holding GLMR on centralized exchanges generally do not need to take action, although they should monitor exchange announcements for migration timelines.

Moonbeam (GLMR) is migrating to Base. Holders of GLMR must bridge their tokens prior to the July 31st 2026 deadline.

If you have GLMR on Moonbeam, or another parachain such as Hydration, you should bridge your tokens prior to that deadline.

Additionally, if you have any other… https://t.co/gLLY15VEFA

— Nova Wallet (@NovaWalletApp) July 3, 2026

The team also advised users to withdraw assets locked in staking, lending markets, liquidity pools, or other DeFi applications before bridging. Any remaining assets on the Moonbeam chain could become inaccessible after the network eventually ceases operations.

Nova Wallet issued a similar reminder, urging holders with GLMR or other assets such as DOT and stablecoins on Moonbeam or connected parachains to transfer funds before the deadline.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Goldman Sachs Upgrades CoreWeave to "Buy": Market Overestimates Financing Costs and Underestimates Computing Fee Capabilities

Goldman Sachs has upgraded CoreWeave’s rating from “Neutral” to “Buy,” with a target price of $106, offering approximately 73% upside from the latest closing price of $61.39. Goldman Sachs believes the market is overly concerned about CoreWeave’s financing costs but underestimates its charging potential for computing power: asset-backed financing supported by GPU and customer contracts is not entirely tied to corporate bond yields. Additionally, annual revenue per megawatt is expected to rise from the current $10 million to $13 million, improving investment returns.

华尔街见闻•2026/10/19 13:01
Goldman Sachs Upgrades CoreWeave to "Buy": Market Overestimates Financing Costs and Underestimates Computing Fee Capabilities

AI Credit Pressure Surfaces: CoreWeave Bonds Become the New Barometer for the US Stock Market

CoreWeave's unsecured bonds have replaced Nvidia as the market's "beta barometer" for measuring AI trades. The bonds’ yields have surged past 16% and CDS spreads have soared, highlighting the high dependence of emerging cloud computing companies on debt financing and their funding gap risks. Credit pressures are spreading from infrastructure to equity markets, and the main focus of AI trading has shifted from computing power demand to financing costs and sustainability.

华尔街见闻•2026/10/19 12:46
AI Credit Pressure Surfaces: CoreWeave Bonds Become the New Barometer for the US Stock Market

GSK (GSK.US), Inovio (INO.US), and Agios (AGIO.US) cluster for review, US innovative drugs welcome FDA approval window

The FDA will intensively decide on several new drugs in the next two weeks: GSK's functional cure therapy for hepatitis B, Inovio's rare disease therapy, Agios's new drug for sickle cell disease, and Sun Pharma's application for expanded indications.

智通财经•2026/10/19 11:37
GSK (GSK.US), Inovio (INO.US), and Agios (AGIO.US) cluster for review, US innovative drugs welcome FDA approval window

After the Philadelphia Semiconductor Index and Nasdaq plunged, Morgan Stanley called to "get ready to increase positions"

Michael Wilson from Morgan Stanley stated that as the significant correction trajectory in most stock markets over the past few months is about to end, investors should be prepared to increase the risk exposure in their portfolios.

智通财经•2026/10/19 11:18