Why did the price of IMX go up?
Immutable (IMX) increased by 2.19% in the last 24 hours, slightly outperforming the overall crypto market, which rose about 2.2%. This positive movement is linked to recent good news in the gaming sector and some technical strength in the price. The main factors driving this are:
- Regulatory Support – The U.S. Senate is discussing the CLARITY Act, which could exempt gaming-related digital assets from strict regulations (Positive for IMX)
- Technical Price Action – IMX’s price is staying above important support levels, though some indicators show mixed signals (Neutral to Mixed)
- Growing Ecosystem – New partnerships with big gaming companies like Ubisoft and Netmarble, plus expansion into mobile gaming (Positive for IMX)
Deep Dive
1. Regulatory Support (Positive for IMX)
What’s happening: The CLARITY Act is being reviewed by the U.S. Senate. If passed, it would exclude video game assets from oversight by the Commodity Futures Trading Commission (CFTC). This could make it easier for game developers using Immutable’s platform to issue tokens.
Why it matters: Clearer rules mean less risk for gaming tokens like IMX, encouraging more traditional game studios to get involved. Robbie Ferguson, co-founder of Immutable, described the Act as “very, very good” for integrating crypto rewards and stablecoins (Yahoo Finance).
What to watch: When the Senate votes and if there are any changes to Section 103 of the Act.
2. Technical Price Action (Neutral to Mixed)
What’s happening: IMX’s price has moved back above its 30-day simple moving average (SMA) at $0.708 and tested the 7-day SMA at $0.741 but is facing resistance near $0.74. The Relative Strength Index (RSI) is around 49.91, indicating neutral momentum, while the MACD histogram shows a slight bearish signal.
What this means: The price might stay steady for now, but as long as it stays above $0.65 (a key support level), there’s potential for the price to rise toward $0.96. If it can’t break through $0.74, some investors might take profits, causing a pullback.
Important level: $0.737, which is the 50% Fibonacci retracement level.
3. Growing Ecosystem (Positive for IMX)
What’s happening: Immutable supports over 660 games, covering about 70% of the Web3 gaming market. It has partnered with Ubisoft to integrate Might & Magic and is expanding into mobile gaming, a market worth $121 billion.
Why it matters: Partnerships with big-name studios and a growing user base (5.6 million wallets) increase demand for IMX, which is used for governance and transaction fees on the platform. The total value locked (TVL) in the ecosystem correlates with price, and some analysts see $1.15 as a realistic price target if adoption continues to grow (CoinJournal).
Conclusion
IMX’s recent price increase shows optimism about potential regulatory relief and strong gaming partnerships, though technical resistance remains a challenge. Overall market sentiment is neutral, but Immutable’s role as a leading Web3 gaming platform supports its potential for steady growth.
Key point to watch: Will IMX stay above $0.70 ahead of the Senate’s decision on the CLARITY Act and the typically strong crypto market performance in Q4?
What could affect the price of IMX?
The future price of Immutable (IMX) depends largely on how widely gaming companies adopt it, changes in regulations, and how the token supply is managed.
- Regulatory Support – The U.S. CLARITY Act might exclude gaming assets from strict securities laws, which would increase IMX’s usefulness.
- Growing Ecosystem – Partnerships with big names like Ubisoft and Netmarble, plus over 660 games in development, are driving demand for IMX’s NFT technology.
- Token Unlocks – On October 3, $17.56 million worth of IMX tokens (about 2% of total supply) will become available, which could lead to short-term selling pressure.
Deep Dive
1. Regulatory Clarity & Gaming Adoption (Positive Outlook)
Overview:
The U.S. Senate is considering the CLARITY Act (Yahoo Finance), which would exempt in-game digital assets from being classified as securities. This change could encourage major game studios to use IMX for token-based rewards. Immutable has recently focused on mobile gaming and formed partnerships with Ubisoft (known for Might & Magic) and Netmarble (known for Solo Leveling), supporting this trend.
What this means:
Clearer regulations reduce uncertainty for big investors and game developers, potentially attracting studios with over 1.2 billion monthly users. Similar gaming tokens, like AXS, saw a 460% price increase after regulatory clarity in 2024.
2. Token Supply Dynamics (Mixed to Negative Outlook)
Overview:
On October 3, 2025, $17.56 million worth of IMX tokens will be unlocked (CoinDesk), adding 24.5 million tokens to the market—about 1.3% of the circulating supply. Past unlock events, like one in July worth $10.21 million, led to a 25% drop in price.
What this means:
While token unlocks help fund development and incentives, sudden increases in supply can outpace demand, causing price drops. The current market value to realized value (MVRV) ratio is -12%, indicating many holders might sell their tokens near break-even, testing support around $0.65.
3. Web3 Gaming Momentum (Positive Outlook)
Overview:
Immutable’s zkEVM blockchain now handles 9,000 transactions per second and offers gas-free NFT minting, attracting 5.3 million registered users (CoinMarketCap). Games like Guild of Guardians have boosted weekly NFT sales by 23%, reaching $34.9 million, outperforming Ethereum in this area.
What this means:
More activity on the network means higher fees collected through IMX’s 2% protocol fee, which could translate into over $2 million in quarterly revenue for token holders, according to Immutable’s economic model.
Conclusion
IMX’s positive outlook depends on regulatory support and growing gaming adoption balancing out the risks from token unlocks. In the short term, the $0.65 to $0.72 price range is critical. Breaking above $0.80 could lead to a retest of 2025 highs near $0.96. Keep an eye on the Senate vote on the CLARITY Act and upcoming game launches in Q4 to see if user growth can outpace token dilution.
What are people saying about IMX?
Immutable’s community is excited about new gaming partnerships and technical developments, but big investors are watching key price levels closely. Here’s what’s happening:
- Partnership with Ubisoft boosts confidence in gaming adoption
- Integration with MEXC exchange improves liquidity outlook
- Traders are debating whether the $0.81 price point will limit further gains
Deep Dive
1. @Immutable: Ubisoft Partnership Fuels Web3 Gaming Excitement bullish
“Immutable Play is now open to all games, with Ubisoft as the first web2 studio to join…web2 studios can offer crypto rewards to players.”
– @Immutable (492K followers · 1.2M impressions · August 12, 2025, 11:59 AM UTC)
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What this means: This is positive news for Immutable (IMX). Bringing in major game studios like Ubisoft could attract millions of gamers who aren’t currently involved in crypto, increasing the use of the network and demand for IMX tokens.
2. @Toknex_xyz: Large Investors Accumulate as SEC Investigation Ends mixed
“The reason for the pump could be the closing of SEC investigation…whales are making positions with huge quantity.”
– @Toknex_xyz (8.3K followers · 18K impressions · September 13, 2025, 2:43 PM UTC)
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What this means: This is a neutral signal for IMX. Regulatory clarity reduces uncertainty, which is good. However, large holders (known as whales), such as address 0x971f...94A0, could cause price swings if they decide to sell near the $0.73–$0.81 resistance zone.
3. @DiarioBitcoin: Technical Analysis Points to Critical Price Zone bearish
“IMX rebounds: real opportunity…SMA-7 $0.622 → BUY (70% certainty). Stop < $0.66”
– @DiarioBitcoin (89K followers · 204K impressions · September 16, 2025, 7:39 PM UTC)
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What this means: This is a cautious outlook in the short term. Even though trading volume surged by 498%, if the price falls below $0.66, it could trigger stop-loss orders and lead to a sharper decline. Analysts like Ali (@ali_charts) warn that breaking support levels could push the price down to $0.47.
Conclusion
The outlook for Immutable (IMX) is mixed. On one hand, the growing gaming ecosystem, especially with Ubisoft’s involvement, is a strong positive. On the other hand, technical resistance levels and a large token unlock scheduled for November 8, 2025 (24.5 million IMX tokens, worth about $17.8 million at current prices) could challenge buyers. Keep an eye on the $0.81 price level—if IMX breaks above it cleanly, it could signal a strong upward trend, but be cautious as liquidity is still limited.
What is the latest news about IMX?
Immutable is benefiting from positive regulatory changes and growth in gaming. Here’s the latest update:
- Senate Bill Could Exempt Gaming Assets (Sept 30, 2025) – New rules may speed up Web3 gaming adoption by clarifying regulations.
- IMX Token Unlock Coming (Oct 3, 2025) – $17.56 million worth of tokens will become available, which might impact the price.
- Mobile Gaming Division Growing (Sept 22, 2025) – Targeting the $121 billion mobile gaming market with Web3 games that avoid app store fees.
In-Depth Look
1. Senate Bill Could Exempt Gaming Assets (Sept 30, 2025)
What’s Happening:
The U.S. Senate is considering a bill, similar to the CLARITY Act, that would exclude video game assets from regulation by the Commodity Futures Trading Commission (CFTC). Robbie Ferguson, co-founder of Immutable, called this a “very, very good” development because it would allow crypto rewards and stablecoin payments in popular games without regulatory hurdles.
Why It Matters:
This is good news for Immutable (IMX) because clearer rules make it easier for big game studios to use blockchain technology. Immutable already works with companies like Ubisoft and Netmarble, so it’s well-positioned to benefit if the bill passes. However, the final details are still uncertain, and any delays could slow progress.
(Source: MEXC News)
2. IMX Token Unlock Coming (Oct 3, 2025)
What’s Happening:
On October 3, 2025, 17.56 million IMX tokens (worth about $17.56 million at $0.726 each) will be unlocked. This is part of a series of token unlocks ending this month. Historically, token unlocks can cause 5-10% price swings.
Why It Matters:
This event could put short-term pressure on IMX’s price as more tokens become available for sale. However, since July, IMX has handled $64 million in token unlocks while its price rose 55%, showing strong demand. Watch the $0.65 price level—if IMX stays above this after the unlock, it could indicate ongoing strength.
(Source: CoinDesk)
3. Mobile Gaming Division Growing (Sept 22, 2025)
What’s Happening:
Immutable’s mobile gaming division now lets Web3 games avoid app store fees by using external crypto payments. More than half of Immutable’s 5.6 million users primarily play on mobile devices. This taps into the $121 billion mobile gaming market in 2024.
Why It Matters:
This is a positive long-term sign because making Web3 games easier to play on mobile removes a big barrier to adoption. Games like Guild of Guardians and Gods Unchained have helped IMX’s NFT sales reach $34.9 million per week, up 23% since August. The challenge is to attract traditional gamers—active user addresses dropped 17% month-over-month in September.
(Source: CoinJournal)
Conclusion
Immutable is at an important crossroads. Favorable U.S. legislation could boost its gaming ecosystem, while mobile growth and upcoming token unlocks will test its short-term price stability. The key question: can IMX maintain its strong 55% rally in Q3 while managing these challenges?
What is expected in the development of IMX?
Immutable is making significant progress with these key developments:
- Expanding into Mobile Gaming (Q4 2025) – Launching web3 games designed for mobile devices, targeting the huge $121 billion mobile gaming market.
- Ubisoft’s Might & Magic Game (2026) – Partnering with Ubisoft to bring blockchain technology to a major AAA game title.
- Growing the Immutable zkEVM Ecosystem (Ongoing) – Increasing staking rewards based on NFT trading activity to encourage more participation.
- Upgrading Developer Tools (2025–2026) – Improving software development kits (SDKs) to make it easier for game creators to build on Immutable.
In-Depth Look
1. Expanding into Mobile Gaming (Q4 2025)
What’s happening: Immutable is focusing on mobile gaming after launching a dedicated team in September 2025. They aim to tap into the $121 billion mobile gaming market by partnering with studios like GAMEDIA to release games on their platform, Immutable Play, by the end of 2025 (Immutable Blog).
Why it matters: This move could boost the use of IMX tokens because more mobile players mean more NFT trades and higher fees, which in turn increase staking rewards. However, the mobile web3 gaming space is competitive, so success isn’t guaranteed.
2. Ubisoft’s Might & Magic Game (2026)
What’s happening: Immutable is teaming up with Ubisoft to launch a blockchain-based Might & Magic strategy card game. This game will use IMX tokens for trading in-game assets, fitting into Ubisoft’s broader web3 initiatives (CoinMarketCap News).
Why it matters: This partnership could bring IMX into mainstream gaming, increasing its real-world use. On the flip side, delays or a lukewarm response from players who aren’t familiar or comfortable with NFTs could slow growth.
3. Growing the Immutable zkEVM Ecosystem (Ongoing)
What’s happening: After combining Immutable X and zkEVM into one blockchain in early 2025, Immutable is focusing on encouraging more trading and liquidity. Staking rewards are now paid out from 2% of platform fees every two weeks. They’ve also made it easier to move IMX tokens by integrating with exchanges like MEXC (Immutable X Post).
Why it matters: This approach could attract long-term holders and keep the ecosystem active. However, the overall success depends on maintaining strong NFT trading volumes, which can be affected by the ups and downs of the crypto market.
4. Upgrading Developer Tools (2025–2026)
What’s happening: Immutable is improving its SDKs to support popular game engines like Unity and Unreal Engine. Recent updates have made their Core SDKs (in Typescript and Golang) much simpler to use—reducing code complexity by 78%. Versions for C++ and C# are expected by 2026 (Immutable Blog).
Why it matters: Easier-to-use tools could speed up the creation of new games on Immutable. Still, convincing developers to adopt blockchain technology remains a challenge.
Conclusion
Immutable is balancing strong gaming partnerships with incentives to grow its ecosystem, aiming to become a leader in web3 gaming. The expansion into mobile and the Ubisoft collaboration are key growth drivers, but execution risks remain. The big question is whether Immutable’s improved developer tools will help bridge the gap between traditional gaming and blockchain-based games.
What updates are there in the IMX code base?
Immutable’s latest updates focus on making the platform faster, easier to use, and more rewarding for users.
- MEXC zkEVM Integration (August 18, 2025) – Over 40 million MEXC users can now send and receive IMX tokens directly, without complicated steps.
- Biweekly Staking Rewards (June 19, 2025) – Staking rewards are now paid every two weeks and linked to NFT trading activity.
- zkEVM Mainnet Merger (June 19, 2025) – Combined blockchains for quicker, cheaper transactions.
Deep Dive
1. MEXC zkEVM Integration (August 18, 2025)
What happened: Immutable made it possible for users on the MEXC exchange to deposit and withdraw IMX tokens directly using its zkEVM blockchain. This removes the need for “bridges,” which are often slow and complicated.
Why it matters: This change makes transferring IMX tokens faster—under 5 minutes—and cheaper, thanks to a technology called zk-rollups that bundles transactions together while keeping security strong. For gamers and traders, this means easier access to IMX, which could lead to more people using the network. (Source)
2. Biweekly Staking Rewards (June 19, 2025)
What happened: Staking rewards, which are payments users earn by locking up their IMX tokens, now happen every two weeks. These rewards are based on 2% of the fees generated from NFT sales on the platform.
Why it matters: This setup encourages users to support the platform’s growth by rewarding them based on how active the NFT marketplace is. While this is good for long-term growth, some users were unsure at first because details about the initial “Genesis” rewards were delayed. (Source)
3. zkEVM Mainnet Merger (June 19, 2025)
What happened: Immutable combined its original blockchain with the zkEVM mainnet, which is compatible with Ethereum’s technology. This means developers can now build games using familiar tools without extra work.
Why it matters: This merger reduces transaction fees by about 30% and makes it easier for game developers to create on Immutable. As a result, more game studios might choose IMX for their Web3 gaming projects, strengthening its position in the market. (Source)
Conclusion
Immutable’s recent updates improve speed, user experience, and rewards, setting the stage for IMX to grow alongside the expanding blockchain gaming industry.
How will these technical improvements affect IMX’s appeal to major game developers?