Hassan Maishera
On Friday, the Moonbeam team announced via X that Moonbeam and its native coin, GLMR, are migrating to the Base network.
The team also announced the upcoming launch of the new Moonbeam Protocol: a decentralized AI agent communication and settlement network built for the on-chain economy of the future.
Moonbeam is becoming a decentralized AI agent communication and settlement network. Any two agents can discover each other, agree on a task, and produce a verifiable on-chain proof of delivery. No middlemen. No trusted third parties. Just agents paying agents, on-chain, at scale.
The GLMR token is migrating 1:1 to Base as a native ERC-20. The bridge is open now, and the deadline is July 31, 2026. Every GLMR a user holds today becomes one Base ERC-20 GLMR.
Moonbeam is much more than just an EVM implementation: it’s a highly specialized parachain that mirrors Ethereum’s Web3 RPC, accounts, keys, subscriptions, logs, and more. The Moonbeam platform extends the base Ethereum feature set with additional features such as onchain governance, staking, and cross-chain integrations.
Moonbeam’s Ethereum compatibility is unmatched:
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Minimal Changes: developers can use existing Solidity smart contracts right away, with no need to rewrite or reconfigure
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Use Existing Developer Tools: connect popular tools like MetaMask, Hardhat, Waffle, Remix, and Truffle via a complete set of Web3 RPC endpoints. Use well-known JavaScript libraries such as Web3.Js or Ethers.Js.
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Unified Accounts, Addresses, and Signatures: use your existing Ethereum H160 accounts & ECDSA signatures to interact with Moonbeam
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Ecosystem integrations: use existing oracles, bridges, wallets, and other tools that are already building on Moonbeam
Moonbeam provides integration and connectivity between Polkadot Parachains as well as with other chains such as Ethereum and Bitcoin via bridges. Moonbeam was started in 2019 by Derek Yoo of Pure Stake.
GLMR, the native token of Moonbeam, is down 9.1% in the last 24 hours and is currently trading at $0.009810.
