|Price to ATH
Immutable X is a layer-2 scaling solution for Ethereum that aims to solve the problem of high gas fees and slow transaction times on the Ethereum network. The platform is designed to provide fast and affordable transactions for decentralized applications (dApps) while maintaining the security and decentralization of the Ethereum network.
Immutable X is built on top of Ethereum and uses the Ethereum Virtual Machine (EVM) to execute smart contracts. It uses a technology called zk-rollups to bundle multiple transactions into a single transaction, thereby reducing the cost and time required for each transaction. Additionally, Immutable X has implemented zero gas fees for users, allowing them to transact on the platform without having to pay gas fees.
The native token of Immutable X is IMX, which is used to pay for transaction fees on the platform and for staking in order to participate in network governance. IMX tokens can also be used to access exclusive features and benefits on the platform.
One notable feature of Immutable X is its focus on the gaming industry, with the platform providing a fast and affordable way for gamers to buy, sell, and trade in-game assets. The platform has already partnered with several major gaming companies, including Ubisoft and Double Jump Tokyo, to integrate their games with the Immutable X network.
Immutable X is a promising layer-2 scaling solution for Ethereum that aims to provide fast and affordable transactions for dApps while maintaining the security and decentralization of the Ethereum network.
With a total market cap of over $1.03 billion, Immutable is the No. 21 cryptocurrency by market size. The currency symbol for Immutable is IMX. There will only ever be 2 billion Immutable tokens issued. So far 1.25 billion tokens (62.6% of the total supply) have been issued.
We found crypto protocols offering up to 21.1% APY on Immutable deposits (21.1% APY DeFi). Check out our Immutable staking yields table for further details.
The technical price analysis for Immutable below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of Immutable.
We always rank and compare products objectively and impartially.
We carefully research products for legitimacy before adding them to the platform.
We never sell or disclose your data to anyone.