Moonbeam abandons Polkadot for Base as GLMR pivots to AI

The Moonbeam Network announced the complete closure of Polkadot’s parachain. The GLMR token would be migrating 1:1 to Coinbase’s Base Layer-2, and they will now be relaunching with a new purpose as a decentralized protocol for AI agent communications and on-chain settlements. This change is just the latest in a string of high-profile exits from...