Why did the price of IMX fall?
Immutable (IMX) dropped 1.39% in the last 24 hours, underperforming the overall crypto market, which rose by 0.88%. This decline is mainly due to profit-taking after a strong 50% rally over the past month, concerns about an upcoming token unlock, and mixed technical signals.
- Profit-taking after strong monthly gains – IMX jumped 50% in 30 days, leading some traders to cash out their gains.
- Upcoming token unlock – $17.56 million worth of IMX tokens will unlock on October 3, raising concerns about increased supply.
- Neutral technical setup – The price hit resistance at $0.7841 (a key Fibonacci level), suggesting the market is consolidating.
Deep Dive
1. Profit-Taking Pressure (Bearish Impact)
Overview:
IMX’s 50% rally over the past month was fueled by partnerships with gaming companies like Ubisoft and Netmarble, along with positive news about the CLARITY Act, which aims to clarify regulations for gaming tokens. The recent 24-hour drop fits a broader pullback in altcoins, while Bitcoin’s dominance remains steady at 58.4%.
What this means:
After big price jumps, traders often sell to lock in profits, especially when the price approaches resistance levels. IMX’s strong performance compared to Bitcoin (+49.8% vs. Bitcoin’s +11.3%) made it a candidate for investors to shift back into safer assets like Bitcoin.
What to watch:
If IMX closes above the 38.2% Fibonacci retracement level at $0.7841, it could signal renewed buying interest.
2. Token Unlock Anxiety (Bearish Impact)
Overview:
On October 3, 23.3 million IMX tokens (worth about $17.56 million at current prices) will become available. These tokens are part of the project’s planned emissions from its ecosystem development fund.
What this means:
Token unlocks are normal but can lead to selling pressure if holders decide to cash out. Given that IMX’s 24-hour trading volume is around $49.1 million, this unlock represents about 35% of daily liquidity, which could increase price volatility.
What to watch:
Monitor token flows into exchanges after the unlock and whether more tokens get staked (currently, 1.96 billion IMX are staked).
3. Technical Resistance (Mixed Impact)
Overview:
IMX is facing resistance at $0.7841 (the 38.2% Fibonacci retracement level) and its 30-day simple moving average (SMA) at $0.6866. The MACD indicator has turned negative, indicating weakening momentum.
What this means:
Traders are cautious near these resistance levels. However, the 50-day exponential moving average (EMA) at $0.6945 offers nearby support. The Relative Strength Index (RSI) is at 55.21, showing the price is neither overbought nor oversold, leaving room for further movement in either direction.
Conclusion
The recent dip in IMX mainly reflects normal profit-taking and concerns ahead of the token unlock, rather than any fundamental problems. Positive factors like the Ubisoft partnership and progress on the CLARITY Act continue to support the gaming sector.
Key watch: Can IMX hold the $0.70 support level before the October 3 unlock? If it breaks below, the next support is around $0.65 (the 50-day EMA). On the upside, a move above $0.78 could target the September high of $0.96.
What could affect the price of IMX?
The future of Immutable (IMX) depends largely on how well it is adopted in gaming, upcoming regulations, and the overall growth of its ecosystem.
- Gaming Partnerships & CLARITY Act – Deals with Ubisoft and Netmarble, along with clearer U.S. regulations, could boost demand for IMX.
- Token Unlocks – On October 3, $17.56 million worth of IMX tokens will become available, which might challenge positive price momentum.
- Staking & Whale Activity – Increased activity from large holders (“whales”) and rewards from staking help support liquidity and price stability.
Deep Dive
1. Gaming Adoption & Regulatory Support (Positive Outlook)
Overview:
Immutable has teamed up with major gaming companies like Ubisoft (Immutable Blog) and Netmarble, making it easier for big game studios to use NFTs in their games. The CLARITY Act, currently being considered in the U.S. Senate, aims to exempt in-game assets from strict securities laws (Yahoo Finance). If passed, this law could encourage more institutional investors to support IMX as a key token for gaming infrastructure.
What this means:
Clearer regulations would lower legal risks for game developers using Immutable’s platform. This would likely increase the use of IMX for transaction fees, staking, and governance decisions. For example, in September 2025, IMX’s price jumped 35% on optimism around the CLARITY Act.
2. Token Unlocks & Supply Impact (Potential Risk)
Overview:
On October 3, about 24.52 million IMX tokens (valued at roughly $17.56 million) will be unlocked and become available for trading. This is part of a planned schedule that will continue until all 2 billion tokens are in circulation by late 2025 (CoinDesk). Although most tokens (95%) are already circulating, these unlock events can sometimes lead to short-term selling pressure.
What this means:
Previous unlocks, like the one on July 11, 2025, caused IMX’s price to drop by 8%. However, staking rewards—which convert 2% of protocol fees back into IMX—could help balance out the increased supply if demand from new games grows faster than the number of tokens released.
3. Whale Activity & Staking Rewards (Mixed Effects)
Overview:
Large investors, known as whales, purchased 4.55 million IMX tokens (about $3.2 million) on September 13, 2025, indicating strong interest (AMBCrypto). At the same time, staking rewards distribute 20% of the platform’s fees to token holders, encouraging them to keep their IMX rather than sell.
What this means:
Whale buying can lead to price rallies but also increases the chance of volatility if they decide to sell. Meanwhile, staking offers a variable annual percentage yield (APY) based on network fees, which currently motivates holders to keep their tokens. Despite broader market downturns, IMX’s price rose 49% over the past 30 days.
Conclusion
IMX’s price outlook is a balance between positive factors like gaming adoption and regulatory clarity, and challenges such as upcoming token unlocks. Progress on the CLARITY Act and continued support from large holders could push IMX to retest the $1.12 price level (a key Fibonacci extension target). However, the October token unlock might limit short-term gains.
Watch: Will the CLARITY Act pass by the end of 2025? And can Immutable attract over 1 million new users after the token unlock?
What are people saying about IMX?
Immutable’s recent moves in gaming partnerships and large investor activity have created a tug-of-war between optimistic and cautious market views. Here’s what’s happening:
- Collaboration with Ubisoft boosts positive outlook 🎮
- Concerns over token unlocks vs. big investor buying 🐋🔓
- Will the price break out or fall? 📉📈
In-Depth Look
1. Ubisoft Partnership and SEC Investigation Closure Signal Positive Momentum
According to @Toknex_xyz, Immutable (IMX) saw a 15% price increase within 24 hours after news that the SEC investigation was closed. Additionally, large investors, often called “whales,” purchased 4.55 million IMX tokens worth about $3.2 million.
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What this means: This is good news for IMX. The end of regulatory uncertainty and strong interest from big investors suggest growing confidence in Immutable’s Web3 gaming platform.
2. Token Unlocks Could Create Short-Term Price Pressure
@DiarioBitcoin points out that on October 3, about $17.56 million worth of IMX tokens (1.3% of total supply) will become available for trading. The current price is $0.689, with some technical indicators showing buying signals, but there’s a risk if the price falls below $0.66.
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What this means: Token unlocks often lead to selling pressure, which could push prices down in the short term. However, some traders are preparing for this by setting stop-loss orders to limit potential losses.
3. Integration with MEXC Exchange Improves User Access
Immutable announced via @Immutable that 40 million users can now transfer IMX tokens to Immutable’s zkEVM platform in under five minutes, making transactions faster and cheaper.
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What this means: This development makes it easier for gamers and developers to use IMX, which could encourage more adoption. While this is positive, the actual impact on price will depend on how many new users join.
Conclusion
The outlook for Immutable (IMX) is mixed. On one hand, partnerships with major gaming companies like Ubisoft and Netmarble support growth and adoption. On the other hand, upcoming token unlocks and technical resistance create some uncertainty. Keep an eye on the October 3 token unlock event, which could increase selling pressure, and watch how user growth develops after the MEXC integration. The big question remains: can Immutable’s vision for Web3 gaming overcome broader market challenges?
What is the latest news about IMX?
Immutable (IMX) is gaining momentum thanks to positive regulatory developments and growth in gaming-related crypto assets. Here’s a quick update:
- Senate Gaming Bill Advances (October 4, 2025) – New U.S. legislation may exempt gaming assets from securities laws, increasing IMX’s usefulness.
- CLARITY Act Impact (September 30, 2025) – Legal clarity around gaming tokens helped IMX jump 35% in the past month.
- $17.56M Token Unlock (October 3, 2025) – A large amount of IMX tokens entered the market amid strong technical signals.
Deep Dive
1. Senate Gaming Bill Advances (October 4, 2025)
What’s happening: The U.S. Senate is considering a bill that would exclude video game assets, like NFTs, from being regulated as digital commodities. This follows the House’s approval of the CLARITY Act, which moves oversight of gaming tokens away from the Commodity Futures Trading Commission (CFTC). Robbie Ferguson, President of Immutable, called this a “proliferation catalyst” for crypto rewards in mainstream games.
Why it matters: This is good news for IMX because clearer rules reduce legal risks for big game studios using Immutable’s zkEVM blockchain. Popular games like Gods Unchained and partnerships with companies like Ubisoft could grow faster, increasing NFT trading activity. (Crypto.News)
2. CLARITY Act Impact (September 30, 2025)
What’s happening: The CLARITY Act, passed by the House in July 2025, officially defines in-game assets as non-securities. Since then, IMX’s price has risen 35% over 30 days. Analysts predict it could reach $1.15 if the Senate passes similar rules. Immutable’s total value locked (TVL) stabilized at $35 million, up from a low price of $0.35 in July.
Why it matters: This creates a mostly positive outlook. Easier regulations encourage adoption, but IMX is still down 58% for the year. The link between TVL and price suggests that if IMX stays above $0.65, it could confirm a stronger upward trend. (Yahoo Finance)
3. $17.56M Token Unlock (October 3, 2025)
What’s happening: On October 3, 24.52 million IMX tokens (worth $17.56 million at $0.715 each) were unlocked for ecosystem development. This comes after a 52% price increase in September, driven by large investors buying and breaking through resistance at $0.72.
Why it matters: There’s some short-term risk because token unlocks can lead to selling pressure. However, with 97% of IMX’s total supply already circulating (1.96 billion out of 2 billion tokens), inflation risk is limited. Watch if the price holds above $0.65 after the unlock to see if the bullish momentum continues. (CoinDesk)
Conclusion
Immutable is benefiting from two strong forces: clearer regulations and growing gaming adoption. These factors create potential for price swings but with a positive bias. The CLARITY Act could open the door for the next phase of Web3 gaming growth, while the recent token unlock tests how strong IMX’s gains really are. The big question: will Immutable’s partnerships and ecosystem growth outweigh concerns about token dilution as we head into historically bullish Q4 trends?
What is expected in the development of IMX?
Immutable’s roadmap is centered on growing its ecosystem and improving technology:
- Launching a Mobile Gaming Division in 2025 – Aiming to bring Web3 gaming to mobile users.
- Partnering with Ubisoft in 2025 – Bringing blockchain features to popular AAA games.
- Scaling Immutable zkEVM in Q4 2025 – Increasing transaction capacity for NFTs and gaming.
Deep Dive
1. Mobile Gaming Division Launch (2025)
Overview: Immutable is entering the $121 billion mobile gaming market by creating tools (SDKs) for popular game engines like Unity and Unreal. These tools allow players to trade NFTs in games without paying transaction fees (gas).
What this means: This move could boost IMX’s user base and NFT activity since mobile gaming is huge. However, traditional game companies are strong competitors, so success isn’t guaranteed.
2. Ubisoft Partnership Execution (2025)
Overview: Immutable announced a partnership with Ubisoft in July 2025 to integrate its zkEVM blockchain into Ubisoft’s Might & Magic strategy games. A playable demo is expected by December 2025 (CoinMarketCap News).
What this means: This partnership shows confidence in Immutable’s technology but may not immediately increase revenue. Also, upcoming token releases (like 24.52 million IMX tokens in August 2025) could impact the token price.
3. Immutable zkEVM Scaling (Q4 2025)
Overview: After merging Immutable X and zkEVM into one blockchain, the team plans to increase daily transactions by 40% using better batch processing. Recent data shows an 83% quarterly increase in new smart contract deployments (Messari).
What this means: This upgrade is positive for long-term use, attracting more developers. However, congestion on Ethereum’s main network (ETH L1) could slow down some cross-chain activities.
Conclusion
Immutable is focusing on becoming a leader in Web3 gaming through key partnerships and technical improvements. The Ubisoft collaboration and mobile gaming push strengthen IMX’s position, but challenges like execution risks and token unlocks remain. It will be important to watch how competitors like Polygon affect Immutable’s market share in the last quarter of 2025.
What updates are there in the IMX code base?
Immutable’s latest updates focus on improving tools for developers and integrating zkEVM technology.
- MEXC zkEVM Integration (August 18, 2025) – Users can now deposit and withdraw IMX directly through Immutable’s zkEVM on MEXC exchange, removing the need for bridges.
- Core SDK Upgrades (June 25, 2025) – Simplified software development kits (SDKs) for TypeScript, Golang, Kotlin, and Swift, reducing code size by 65-78%.
- Developer Hub Launch (Q1 2023) – A centralized platform offering code samples, testing tools, and real-time support for developers.
Deep Dive
1. MEXC zkEVM Integration (August 18, 2025)
What happened: Immutable now allows direct transfers of IMX tokens to its zkEVM blockchain through the MEXC exchange, without relying on third-party bridges.
This uses zk-rollup technology, which processes transactions quickly (under 5 minutes) and with almost no fees. By connecting with MEXC’s 40 million+ users, it makes it easier for gamers and traders to join Immutable’s ecosystem.
Why it matters: This is positive news for IMX because smoother access can increase the number of players in Immutable-powered games like Guild of Guardians and Gods Unchained. It also reduces security risks linked to bridges.
(Source)
2. Core SDK Upgrades (June 25, 2025)
What happened: Immutable revamped its SDKs to make building Web3 games simpler by cutting down on complex code and external dependencies.
For example, the TypeScript SDK version 1.0 reduced external dependencies by 79% (from 42 to 9) and shrank the package size by 65%. The Golang and Swift SDKs now support backend integration and NFT creation workflows.
Why it matters: This update mainly benefits developers, so it’s neutral for IMX token holders in the short term. However, by making development easier, it could help grow the Immutable ecosystem over time.
(Source)
3. Developer Hub Launch (Q1 2023)
What happened: Immutable launched the Developer Hub, a one-stop platform for developers to access documentation, API keys, and analytics.
Features include one-click testnet deployments, gas fee calculators, and live chat support. It also integrates with Immutable’s Passport wallet for smooth authentication.
Why it matters: This is good news for IMX because better developer tools can attract more game creators to the platform, increasing NFT trading and staking activity.
Conclusion
Immutable’s recent updates focus on making development easier and improving user onboarding, supporting its goal to lead in Web3 gaming. While SDK improvements and the Developer Hub may take time to impact token performance, the MEXC zkEVM integration immediately boosts liquidity. Looking ahead, the upcoming Unity and Unreal SDKs planned for 2025 could further strengthen Immutable’s position in blockchain gaming.