According to CoinDesk, Polygon Labs has developed AggLayer, an 'aggregation layer' designed to create a network of various Ethereum layer 2 solutions. This initiative aims to unify liquidity and users across MoveVM-based chains and Ethereum, addressing the issue of fragmented liquidity across different networks that struggle to interconnect seamlessly.

Movement Labs, a blockchain developer focused on integrating Facebook's Move Virtual Machine (MoveVM) with the Ethereum blockchain, has joined Polygon Labs' AggLayer. This collaboration will enable unified liquidity across layer-2 blockchains that utilize the Move smart contract language, as stated in an announcement on Tuesday.

Movement Labs highlighted that this integration makes it the first Move-based ecosystem to leverage AggLayer, effectively bridging the gap between Move and Ethereum Virtual Machine (EVM) ecosystems. The EVM allows Ethereum to run the smart contracts that are fundamental to decentralized finance (DeFi).

Polygon Labs' AggLayer is set to play a crucial role in unifying liquidity and users across MoveVM-based chains and Ethereum, ensuring that liquidity is not fragmented across different networks that cannot easily connect with one another.