Why did the price of IMX go up?
Immutable (IMX) increased by 4.99% in the last 24 hours, outperforming the overall crypto market, which rose 4.23%. This growth is driven by positive regulatory developments for gaming tokens, strong technical signals, and large investors buying more IMX.
- Regulatory Support: The U.S. Senate is discussing the CLARITY Act, which would exempt gaming assets from certain securities laws.
- Technical Breakthrough: IMX surpassed the $0.72 resistance level with higher trading volume.
- Upcoming Token Unlock: About $17.56 million worth of IMX will become available on October 3, which might limit short-term price gains.
Deep Dive
1. Regulatory Clarity for Gaming Tokens (Positive Outlook)
Overview: The U.S. Senate is reviewing the CLARITY Act (Section 103), which aims to exclude video game assets from Commodity Futures Trading Commission (CFTC) regulation. Robbie Ferguson, co-founder of Immutable, described this as “very, very good” for encouraging crypto rewards and stablecoin use in games.
What this means: Clearer regulations reduce uncertainty and risk for IMX’s gaming platform, making it more attractive to large investors. Immutable already works with major partners like Ubisoft (Might & Magic) and supports over 660 games. Historically, regulatory progress has led to significant price increases for IMX—for example, a 52% jump after the SEC ended its investigation in March 2025.
What to watch: The timing of the Senate vote and any changes to the bill.
2. Technical Momentum & Whale Activity (Mixed Signals)
Overview: IMX broke above the $0.72 resistance level with a 37% increase in trading volume, reaching $65.6 million. The 30-day Simple Moving Average (SMA) at $0.655 supports a positive trend, but the Relative Strength Index (RSI) at 50.11 indicates potential for price swings.
What this means: The price increase matches buying activity from large holders (whales), such as the wallet at 0x971f..., which purchased 1.2 million IMX tokens. However, the Moving Average Convergence Divergence (MACD) histogram shows a slight bearish signal in the short term.
What to watch: If IMX can maintain closing prices above $0.75, it could aim for the September high of $0.96.
3. Token Unlock Overhang (Potential Downside)
Overview: On October 3, 24.7 million IMX tokens (valued at $17.56 million) will be unlocked as part of scheduled releases ending this month.
What this means: Token unlocks often lead to selling pressure, as seen with an 8% price drop after the August unlock. Still, IMX has shown strength with a 41% gain over the past 30 days, suggesting it can handle increased supply.
What to watch: Monitor token inflows to exchanges after the unlock and any changes in staking rates.
Conclusion
IMX’s recent price rise reflects optimism about gaming-friendly regulations and strong technical momentum. However, the October 3 token unlock poses a short-term risk. Progress on the CLARITY Act could establish IMX as a regulatory “safe haven” for Web3 gaming.
Key question: Will IMX stay above $0.70 after the unlock, or will profit-taking push prices down?
What could affect the price of IMX?
Immutable’s price depends largely on how well it’s adopted in gaming, changes in regulations, and how its tokens are managed.
- Regulatory Support – Progress on the CLARITY Act could boost demand for gaming tokens (Yahoo Finance).
- Growing Ecosystem – Over 180 new games and a partnership with Ubisoft are increasing network activity (Immutable Blog).
- Token Unlocks – A $17.56 million token release on October 3 could cause short-term price pressure (CoinMarketCap).
Deep Dive
1. Regulatory Clarity & Gaming Adoption (Positive Outlook)
What’s Happening:
The U.S. Senate is considering the CLARITY Act, which would exclude in-game assets from being regulated as securities. This change would make it easier for game developers to launch tokens without complicated legal hurdles. Immutable’s co-founder, Robbie Ferguson, sees this as a major boost for crypto rewards and stablecoins in gaming.
Why It Matters:
Clearer rules could encourage big game studios to use Immutable’s platform, increasing demand for IMX tokens through staking, fees, and governance roles. Past examples, like Ethereum’s price rise after regulatory clarity, suggest this could lead to sustained growth if the bill passes.
2. Ecosystem Growth vs. Competition (Mixed Outlook)
What’s Happening:
Immutable added more than 180 games in 2025, including Ubisoft’s Might & Magic, and launched a mobile gaming division targeting the $121 billion mobile market. However, competitors like Solana and Polygon are also attracting developers with lower fees and AI features.
Why It Matters:
If Immutable can maintain its lead in Web3 gaming, IMX’s price could rise to about $1.50 (a 108% increase from $0.72). But if competitors grow faster, Immutable’s momentum might slow. Current signs like a 5.7% increase in daily transactions and $2.9 million in weekly staking rewards show the network is gaining traction.
3. Token Supply & Market Sentiment (Potential Risks)
What’s Happening:
On October 3, $17.56 million worth of IMX tokens (about 1.3% of the circulating supply) will be unlocked. The token’s recent volatility (40.34%) and a neutral RSI (50.11) suggest it could be vulnerable to price drops. Large holders (whales) are holding net-short positions despite some buying.
Why It Matters:
Past token unlocks have led to price drops between 5-10%, with one recent example seeing a 25% decline after an unlock. However, since 96.5% of IMX tokens are already in circulation, long-term inflation is limited. Watch the $0.65 price level after the unlock to see if the token holds steady.
Conclusion
Immutable’s price will likely fluctuate between optimism from regulatory progress and short-term dips from token unlocks. If the CLARITY Act passes, IMX could rally to around $1.20 in Q4. But if it falls below $0.65, it might revisit lows seen earlier this summer.
The big question: Will the $200 billion gaming market adopt IMX quickly enough to offset token dilution?
What are people saying about IMX?
Immutable’s recent gaming partnerships are driving positive momentum, but large investors and technical indicators suggest some caution. Here’s the latest:
- Ubisoft’s first blockchain game boosts IMX price by 15%
- A major investor buys $3.2 million in IMX after SEC investigation ends
- RSI at 74.6 signals overbought conditions, hinting at a possible price pullback despite strong trends
In-Depth Look
1. Ubisoft Launches Game on Immutable’s zkEVM — A Positive Sign
"Ubisoft’s Might & Magic game is now live on Immutable Play, offering gas-free NFT trades through zkEVM technology."
– @Immutable (284K followers · 12.1K impressions · Aug 13, 2025)
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Why it matters: Ubisoft is a major game developer, and bringing their AAA title to Immutable’s platform introduces many new gamers to its Layer-2 blockchain solution. This could speed up adoption and increase demand for IMX tokens.
2. Large Investor Buys $3.2M in IMX After SEC Clears the Way — Positive Signal
"Whale 0x971f...94A0 purchased 4.55 million IMX tokens ($3.2 million) following the end of the SEC investigation."
– @Toknex_xyz (18K followers · 8.3K impressions · Sept 13, 2025)
See original post
Why it matters: Big purchases like this after regulatory clarity suggest strong confidence from institutional investors. Whale transactions for IMX have increased by 23% in the last 24 hours (CoinJournal).
3. Technical Indicator Shows IMX May Be Overbought — Short-Term Warning
"IMX’s Relative Strength Index (RSI) is at 74.6, with the 7-day moving average pointing to $0.66 as key support if traders take profits."
– @DiarioBitcoin (422K followers · 15.7K impressions · Sept 16, 2025)
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Why it matters: An RSI above 70 usually means the asset is overbought and could face a 10-15% price correction soon. This suggests some short-term risk despite the overall positive outlook.
Summary
The outlook for Immutable (IMX) is generally positive but with caution. Strong gaming partnerships and large investor interest support growth, while technical signals warn of a possible short-term pullback. Watch the $0.66 support level closely this week — holding above it could confirm a move toward $0.81, while falling below might lead to profit-taking. Keep an eye on Immutable’s zkEVM transaction data for signs of ecosystem health.
What is the latest news about IMX?
Immutable is navigating a mix of positive regulatory news and upcoming token supply challenges. Here’s the latest update:
- U.S. Senate Discusses Game Asset Exemption (September 30, 2025) – Potential new rules could clear the way for easier use of gaming assets on Immutable’s platform.
- $17.56 Million Worth of IMX Tokens Unlocking (October 3, 2025) – Nearly 1% of IMX tokens will enter the market, which could impact price stability.
In-Depth Look
1. U.S. Senate Discusses Game Asset Exemption (September 30, 2025)
What’s Happening:
The U.S. Senate is reviewing the CLARITY Act, a proposed law that would exclude video game assets—like NFTs—from being regulated as securities. This follows the House of Representatives’ approval earlier this year. If passed, this law would remove oversight from the Commodity Futures Trading Commission (CFTC) for in-game items, giving projects like ImmutableX clearer legal standing. Robbie Ferguson, co-founder of Immutable, described this as “very, very good” news because it supports the use of crypto rewards and stablecoins in mainstream gaming.
Why It Matters:
This development is positive for Immutable (IMX) because it reduces regulatory hurdles for big game studios using Immutable’s Ethereum Layer 2 platform. Immutable already supports games such as Gods Unchained and recently expanded into mobile gaming, a market worth $121 billion. Clearer rules could encourage more developers to build on Immutable and attract more users.
(Source: Yahoo Finance, MEXC)
2. $17.56 Million Worth of IMX Tokens Unlocking (October 3, 2025)
What’s Happening:
On October 3, 17.56 million IMX tokens, valued at about $17.56 million, will become available for trading. This represents about 0.9% of all IMX tokens currently circulating. These tokens are mainly allocated for ecosystem growth and early investors. Historically, such unlocks can increase selling pressure.
Why It Matters:
This event could put short-term downward pressure on IMX’s price because more tokens entering the market can dilute value and test demand from buyers. However, IMX has handled previous unlocks well — prices actually rose 48% over the past 60 days despite $24.5 million worth of tokens unlocking in June and July. Keep an eye on the $0.65 price level after the unlock to see if demand holds strong.
(Source: CoinDesk)
Conclusion
Immutable is at a critical point. Positive regulatory news could boost developer interest and user growth, but the upcoming token unlock might challenge price stability. The key question is whether Immutable’s expanding gaming platform can offset the impact of increased token supply. Watch trading activity and Senate developments closely for clues on where IMX is headed.
What is expected in the development of IMX?
Immutable’s roadmap is centered on aligning with U.S. regulations, expanding into mobile gaming, and growing its overall ecosystem.
- CLARITY Act Alignment (Q4 2025) – Getting ready for new U.S. rules that clarify how in-game digital assets are treated.
- GAMEDIA Game Launch (Late 2025) – Teaming up with a Dutch game studio to release a new multiplayer action game.
- Mobile Gaming Expansion (Ongoing) – Offering zero-fee crypto payment options to attract mainstream mobile gamers.
Deep Dive
1. CLARITY Act Alignment (Q4 2025)
Overview: The U.S. Senate is reviewing the CLARITY Act, which could exempt video game assets from being classified as securities. Immutable stands to benefit, with co-founder Robbie Ferguson calling it a key step toward wider adoption of crypto rewards and stablecoins in gaming.
What this means: This is positive news for Immutable (IMX). Clearer regulations could open doors for partnerships with traditional game companies and bring in more institutional investors. However, if the bill is delayed or changed, uncertainty could continue.
2. GAMEDIA Game Launch (Late 2025)
Overview: Immutable has partnered with GAMEDIA, a Dutch game developer with over 18 years of experience, to launch an action-packed multiplayer game on the Immutable Play platform. GAMEDIA has a strong background in both traditional (web2) and blockchain-based (web3) gaming.
What this means: This is cautiously optimistic. If the game succeeds, it could attract more users to Immutable’s platform. But competition in blockchain gaming is tough. Key things to watch after launch are daily active players and the volume of in-game NFTs traded.
3. Mobile Gaming Expansion (Ongoing)
Overview: Immutable’s mobile division is helping web3 games avoid the typical 30% fees charged by Apple and Google by enabling crypto payments outside their app stores. More than half of Immutable’s 5.6 million registered users primarily play on mobile devices (NFT Gaming Chain).
What this means: This is a strong growth opportunity. The mobile gaming market is huge—valued at $121 billion—and making it easier and cheaper for mobile users to play could boost IMX’s use. A recent integration with MEXC (Aug 18, 2025) lets over 40 million users transfer IMX tokens directly to zkEVM, simplifying access.
Conclusion
Immutable’s future depends on favorable regulations, expanding mobile access, and launching quality games. The CLARITY Act and GAMEDIA partnership offer promising growth, but challenges remain in onboarding new users and managing token supply—especially with $13 million worth of IMX tokens unlocking in August 2025. The key question is how Immutable will balance growth with potential token dilution as staking rewards and grants increase.
What updates are there in the IMX code base?
Immutable has updated its technology to bring together different parts of its platform and improve tools for developers.
- Immutable Chain Merger (Q1 2025) – Combined Immutable X and zkEVM into one blockchain to simplify gaming development.
- Core SDK Upgrades (March 2024) – Improved software development kits (SDKs) in four programming languages, making them smaller and easier to use.
- zkEVM Staking Transition (June 2025) – Changed how staking rewards are paid, linking them to NFT transaction fees on zkEVM.
Deep Dive
1. Immutable Chain Merger (Q1 2025)
Overview: Immutable merged its two blockchains, Immutable X and zkEVM, into a single chain called the "Immutable Chain." This makes it easier for developers building Web3 games by reducing complexity and combining resources.
The new chain uses zk-rollup technology, which can handle over 9,000 transactions per second, while still benefiting from Ethereum’s strong security. Developers now only need to write their smart contracts once to work across the entire platform. The IMX token is now the standard for paying transaction fees, and 20% of those fees are given back to people who stake IMX tokens.
What this means: This is good news for IMX holders because it streamlines development, improves how game assets can be used across different games, and increases the token’s usefulness by connecting it directly to network activity. (Source)
2. Core SDK Upgrades (March 2024)
Overview: Immutable updated its SDKs for TypeScript, Golang, Kotlin, and Swift. These SDKs are tools that help developers build on the platform more easily. The updates made the SDKs 65–78% smaller and reduced outside software they depend on by 79%.
For example, the TypeScript SDK’s code was cut from over 10,000 lines to just over 2,300, and the Golang SDK now automatically generates API clients. These improvements make it simpler to create orders, mint NFTs, and manage wallets.
What this means: This is neutral for IMX’s value right now. While it makes it easier for developers to start building, the impact depends on whether game studios actually use these tools. Still, faster development could help the platform grow over time. (Source)
3. zkEVM Staking Transition (June 2025)
Overview: Immutable changed how staking rewards work by moving them from Immutable X to zkEVM. Instead of fixed weekly payouts, rewards are now based on 2% of NFT transaction fees collected on zkEVM.
This required updating smart contracts to track fees in real time and calculate rewards fairly. Stakers must now hold their tokens on zkEVM, encouraging more activity and liquidity on that chain.
What this means: This is positive for IMX because it links rewards to actual platform use, so as more NFTs are traded, stakers earn more. However, there might be some short-term uncertainty as existing stakers adjust to the new system. (Source)
Conclusion
Immutable’s recent updates focus on bringing its technology together (Immutable Chain), making developer tools simpler (SDK upgrades), and creating a more sustainable reward system (zkEVM staking). These changes strengthen IMX’s role as a key token for scalable Web3 gaming. The big question is how quickly developers will adopt these easier-to-use tools and build new games on the platform.