Key facts
- Moonbeam is pivoting its focus to Ethereum layer 2 Base.
- The project aims to develop an AI agent communication and settlement network.
- GLMR token holders must bridge their assets to Base.
- The deadline for bridging assets is July 31, 2026.
Moonbeam, a prominent parachain on the Polkadot network, is undergoing a significant strategic shift, redirecting its development efforts towards the Ethereum layer 2 scaling solution, Base. This pivot is driven by the ambition to establish an AI agent communication and settlement network. The new initiative seeks to leverage Base's infrastructure to facilitate seamless interaction and financial transactions between artificial intelligence agents. For existing holders of Moonbeam's native token, GLMR, a crucial deadline has been set: all assets must be bridged to the Base network by July 31, 2026. This action is necessary for GLMR token holders to remain integrated within the Moonbeam ecosystem as it transitions its primary focus and development to Base.