Tag: IMX

  • Immutable price: IMX surges 17% to outpace top altcoins

    Immutable price: IMX surges 17% to outpace top altcoins

    Image Of Immutable Token

    • Immutable price soared 17% as bulls jumped to $0.96 amid gains for altcoins.
    • The IMX token has swung bullish after Immutable’s 2.9 million IMX token rewards.
    • Growth on web3 gaming and regulatory clarity are potential catalysts for IMX price.

    Immutable (IMX) has surged 17% in the past 24 hours and more than 50% over the week as gains put IMX among the top performers on the day.

    Gaming partnerships, enhanced token rewards, and favorable regulatory developments have all helped IMX price in recent weeks, and the token currently outpaces top altcoins.

    Altcoin rally and Immutable’s 17% price gain

    Immutable’s explosive growth is promoted by a series of high-profile partnerships that have strengthened its position in the web3 gaming sector.

    A notable collaboration with South Korean gaming giant Netmarble, has expanded Immutable’s reach into mainstream gaming markets in addition to a recent integration with Chainers, a web3 MMO game, unveiled on September 16, 2025.

    These partnerships, alongside earlier collaborations with Ubisoft and GameStop, have driven on-chain activity.

    Notably, Messari’s Q1 2025 report noted a 5.7% quarter-on-quarter increase in daily transactions on the platform.

    The merger of Immutable with Immutable’s zkEVM chain, forming the “Immutable Chain,” has further optimized scalability, attracting developers and players alike.

    These developments have cemented Immutable’s reputation as a leading platform for NFT-based gaming, contributing significantly to IMX’s recent price surge.

    The IMX token has shown resilience, rising to a rank of 90th among top cryptocurrencies after previously falling out of the top 100 earlier this year.

    This uptrend provides a notable contrast to the broader crypto gaming sector, which has faced significant headwinds.

    Numerous projects in the space have reportedly ceased operations due to funding challenges and unsustainable economic models.

    IMX price gains amid rewards

    Immutable’s mobilization is also driven by enhanced token rewards and positive regulatory shifts, with recently increased weekly IMX token rewards to approximately 2.9 million, boosting liquidity and incentivizing user participation.

    A partnership with Seychelles-based MEXC exchange enables seamless token transfers to Immutable’s zkEVM chain, enhancing accessibility for investors.

    Immutable co-founder Robbie Ferguson highlighted some of the milestones for IMX over the past year. He shared this via X.

    Catalysts for IMX price?

    Developments in regulatory front also helped IMX’s surge.

    In March, the US Securities and Exchange Commission (SEC) concluded its probe into Immutable.

    The move signaled a more favorable stance toward blockchain gaming.

    Additionally, the SEC’s approval of generic listing standards for commodity-based trust shares has improved sentiment for altcoin ETFs, indirectly benefiting IMX.

    Immutable price chart by CoinMarketCap

    The token could break above the psychological level of $1 in coming weeks after it hit highs of $0.96, its highest mark since February.

    While Immutable’s rally aligns with strong fundamentals related to web3 gaming, and broader market optimism, traders may derail the momentum over the past month.

    Mainly, the corrections will be down to profit taking and a downturn for the market. In this case, $0.45 and $0.30 are key support zones.



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  • ImmutableX spiked 34% after major crypto exchange lists IMX

    ImmutableX spiked 34% after major crypto exchange lists IMX

    • ImmutableX (IMX) price rose more than 30% after a top exchange listed the altcoin.
    • While IMX still tops other crypto gainers in top 50 this past week, it has retreated from near $0.78, to $0.65 amid profit taking.

    ImmutableX (IMX) was among the hottest coins this week, skyrocketing more than 34% to top the list of gainers across the top 50 coins by market capitalization. With mega cap altcoins largely constrained, the price of IMX rose to near $0.78 – the highest level since August 2. 

    Listing on one of the world’s largest cryptocurrency exchanges might have triggered the buying pressure.

    Korean listing triggers IMX buyers

    Immutable is billed as the “future of Web3 gaming,” with decent traction for the ecosystem seen over the past several months. The launch of the Immutable zkEVM Testnet has added to this outlook as developers find it easier to build Web3 games.

    IMX has however not seen much upside amid broader crypto malaise since Bitcoin’s retreat from the $31k area. This week has however witnessed a massive spike in buy pressure – a scenario likely triggered by news of the listing of IMX/KRW on leading South Korea crypto exchange Upbit.

    But according to blockchain sleuth Lookonchain, IMX rising saw major deposits to exchanges soon after – including from top blockchain gaming company Animoca Brands.

    At the time of writing, the cryptocurrency was seeing some downside pressure amid profit taking. IMX/USD traded around $0.65 on major cryptocurrency exchanges. According to data from CoinGecko, the altcoin had shed just over 1% in the past 24 hours.



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