Moonriver
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Moonriver in numbers
Moonriver (MOVR) ranks #819 by market capitalization, at $23.66M. It belongs to the Networks sector (Layer-1). It has traded since Aug 27, 2021, across 132 markets on 17 exchanges, with $15.89M of volume in the last 24 hours. Its all-time high of $498.63 was reached on Sep 11, 2021; the current price is 99.8% below that peak. Its cycle low of $0.676953 came on Aug 27, 2026.
12.57M MOVR are in circulation. On Base, 1,670 addresses hold MOVR. It is available on 3 networks.
About Moonriver
Moonriver is a parachain on the Kusama network. Kusama is a "canary network" which encourages experimental development prior to implementation on the Moonbeam sister chain on Polkadot. Like Moonbeam, Moonriver is an EVM-compatible smart contract platform built using the Substrate framework. The network has a native token called Moonriver (MOVR), which will allow holders to participate in consensus through staking, paying for transactions, and vote on governance proposals.
Background
As a canary network to Moonbeam, Moonriver is intrinsically linked to its sister chain. Moonriver will serves as a testing ground for features and changes that may eventually find their way to Moonbeam. The two blockchains share a testnet called Moonrock, which is a parachain on Polkadot's Rococo testnet.
The firm behind the protocol is PureStake, a development outfit that also built developer tools for Algorand and runs Polkadot validators.
As a Kusama parachain, Moonriver uses the Kusama Relay Chain as its security layer and its settlement layers for communication with other parachains. Moonriver and Moonbeam are products of the development firm PureStake. The company built several developer tools within the Algorand ecosystem (including a block explorer) before creating a new network using Parity Technologies' Substrate framework.