This article provides a comprehensive analysis of Immutable (IMX) as a potential investment, focusing on market performance, price history, and investment risks up to 2025. It addresses challenges like token dilution, market volatility, and regulatory uncertainties, making it suitable for investors seeking detailed insights into IMX's market position. Structured into sections, it covers IMX's project overview, price performance, market dynamics, risk factors, and future predictions. The analysis caters to different investor types, including beginners, experienced traders, and institutional investors, offering relevant strategies and risk management tips. For the latest market updates, readers can refer to Gate for real-time pricing data.
Introduction: Immutable (IMX) Investment Position and Market Prospects
IMX is an important asset in the cryptocurrency field. As of December 2025, IMX has a market cap of $504.8 million with a circulating supply of approximately 822.53 million tokens, currently trading at $0.2524. Immutable X operates as a Layer 2 (L2) scaling solution for NFTs on Ethereum, characterized by instant transactions, large-scale scalability, and zero gas fees for minting and trading without compromising user or asset security. As an ERC-20 utility token, IMX rewards network activities such as trading, liquidity provision, and application development on the Immutable X ecosystem.
Since its public launch in late 2021, IMX has become an important reference point in discussions about "Is Immutable (IMX) a good investment?" The token currently ranks 228th in market capitalization with an exchange presence across 56 trading platforms, serving approximately 97,805 token holders. However, the asset has experienced significant volatility, declining 86.50% over the past year from its all-time high of $9.52 reached in November 2021 to near its all-time low of $0.2454.
This article provides a comprehensive analysis of IMX's investment value, historical price trends, future price predictions, and associated investment risks to serve as a reference for investors considering positions in this Layer 2 NFT infrastructure asset.
Immutable (IMX) Crypto Asset Research Report
I. IMX Price History Review and Current Investment Value Assessment
Based on available data, the following price milestones have been documented:
- November 26, 2021: All-Time High (ATH) of $9.52 → Represented peak market optimism during the 2021 bull cycle
- December 16, 2025: All-Time Low (ATL) of $0.245423 → Marked significant market correction
- 2023: Market Cap Peak at Rank 31 globally → Demonstrated institutional recognition through VanEck's positive outlook predicting top 25 ranking in 2024
Current IMX Investment Market Status (December 17, 2025)
Price and Market Metrics:
- Current Price: $0.2524 USD
- Market Capitalization: $504,800,000.00 (Fully Diluted Valuation)
- Circulating Supply: 822,534,364.12 IMX (41.13% of total supply)
- Total Supply: 2,000,000,000 IMX
- Market Rank: #228
Price Performance Indicators:
- 1-Hour Change: -0.24%
- 24-Hour Change: -0.27%
- 7-Day Change: -20.18%
- 30-Day Change: -30.39%
- 1-Year Change: -86.50%
- Change from ICO Price ($5.2): -95.15%
Trading Activity:
- 24-Hour Trading Volume: $198,493.72
- Active Holders: 97,805
- Exchange Listings: 56 exchanges
Market Sentiment:
- Sentiment Score: Neutral (1)
For real-time IMX market price updates, visit Gate IMX Price
II. Project Overview
Project Name: Immutable X (IMX)
Core Function: Immutable X serves as a Layer 2 (L2) scaling solution for NFTs on Ethereum, featuring:
- Instant transactions
- Large-scale scalability
- Zero gas fees for minting and trading
- Maintained security for users and assets
Token Utility: IMX is an ERC-20 utility token designed to reward network activity including:
- Trading activities
- Liquidity provision
- Application development on the platform
Smart Contract Address (Ethereum): 0xf57e7e7c23978c3caec3c3548e3d615c346e79ff
III. Market Position Analysis
- Current Market Dominance: 0.015% of total crypto market
- Circulating to Total Supply Ratio: 41.13%
- Price Range (24H): High $0.2557 / Low $0.2435
Report Generated: December 17, 2025
Disclaimer: This report is for informational purposes only and should not be construed as investment advice. Cryptocurrency markets exhibit significant volatility and carry substantial risk.

Immutable (IMX) Investment Analysis Report
Report Date: December 17, 2025
I. Executive Summary
Immutable X (IMX) is a Layer-2 scaling solution built on Ethereum, specifically designed for NFTs and Web3 gaming. As of December 17, 2025, IMX is trading at $0.2524, representing a significant decline from its all-time high of $9.52 (reached on November 26, 2021). The token ranks 228th by market capitalization with a fully diluted valuation of $504.8 million and a circulating supply of approximately 822.5 million tokens out of a total supply of 2 billion.
II. Core Factors Influencing IMX as an Investment
Supply Mechanism and Scarcity
- Token Structure: IMX has a maximum supply of 2 billion tokens, with 822.5 million currently in circulation (representing 41.13% of total supply).
- Price Impact: The substantial amount of uncirculated tokens (approximately 1.18 billion) represents potential future dilution, which may exert downward pressure on the token price as these assets enter circulation.
- Investment Implication: The circulating-to-total supply ratio suggests investors should monitor token release schedules, as future unlocking events could affect long-term price dynamics.
Technology and Ecosystem Development
- Core Technology: Immutable X functions as a Layer-2 expansion solution for Ethereum, offering instant transactions, large-scale scalability, and zero gas costs for minting and trading without compromising user or asset security.
- NFT and Gaming Focus: The platform is specifically built for NFTs and Web3 gaming applications, positioning IMX within the growing digital asset ecosystem.
- Strategic Partnerships: Historical partnerships with firms like GameStop have demonstrated ecosystem adoption and helped restore investor confidence in the platform.
- Token Utility: IMX serves as an ERC-20 utility token designed to reward network activities including trading, liquidity provision, and application development.
| Timeframe |
Price Change |
| 1 Hour |
-0.24% |
| 24 Hours |
-0.27% |
| 7 Days |
-20.18% |
| 30 Days |
-30.39% |
| 1 Year |
-86.50% |
Market Observation: IMX has experienced significant price depreciation over the past year, with a decline of 86.50% from its previous year price. Short-term volatility remains elevated, with recent 7-day and 30-day declines of -20.18% and -30.39% respectively.
Trading Activity and Market Sentiment
- 24-Hour Volume: $198,493.72 in trading volume
- Exchange Availability: IMX is listed on 56 exchanges, providing substantial liquidity access
- Token Holders: Approximately 97,805 holders maintain IMX positions
- Market Share: IMX represents 0.015% of total cryptocurrency market capitalization
III. Current Market Position
Valuation Metrics
- Current Price: $0.2524 per token
- 24-Hour Range: $0.2435 - $0.2557
- Market Capitalization: $207.6 million
- All-Time High: $9.52 (November 26, 2021)
- All-Time Low: $0.245423 (December 16, 2025)
- Price Change from ICO: -95.15% (ICO price was $5.2)
Critical Context: IMX is currently trading near its all-time low, having lost 95.15% of value since its initial offering price and 97.35% from its historical peak.
Distribution and Accessibility
- Total Holders: 97,805
- Blockchain: Ethereum mainnet (contract: 0xf57e7e7c23978c3caec3c3548e3d615c346e79ff)
- Official Resources: Website, Twitter presence, and verified blockchain explorer listings
IV. Assessment Considerations
Risk Factors
- Significant Price Decline: The 86.50% annual decline reflects sustained bearish market conditions for the asset.
- Token Dilution Risk: With only 41.13% of total supply in circulation, future token releases could suppress price appreciation.
- Market Sentiment: Extended losses over multiple timeframes (7-day: -20.18%, 30-day: -30.39%) indicate continued selling pressure.
- NFT Market Dependency: As an NFT-focused Layer-2 solution, IMX performance is heavily dependent on NFT market adoption cycles.
Potential Positive Factors
- Established Ecosystem: Strategic partnerships and active development in Web3 gaming sector.
- Layer-2 Advantage: Zero gas costs and instant transactions provide technical advantages over Layer-1 alternatives.
- Liquidity: Listing on 56 exchanges ensures reasonable trading accessibility.
- Utility Design: Token serves functional purposes within the ecosystem beyond speculative value.
V. Sources and References
Disclaimer: This report provides factual information regarding Immutable X market data and technical specifications. It does not constitute investment advice, financial recommendations, or predictions of future price movements. Cryptocurrency investments carry substantial risk. Prospective investors should conduct independent research and consult qualified financial advisors before making investment decisions.
III. IMX Future Investment Predictions and Price Outlook (Is Immutable(IMX) worth investing in 2025-2030)
Short-term Investment Prediction (2025, short-term IMX investment outlook)
- Conservative Forecast: $0.1715 - $0.2525
- Neutral Forecast: $0.2522 - $0.3052
- Optimistic Forecast: $0.2800 - $0.3500
Mid-term Investment Outlook (2026-2027, mid-term Immutable(IMX) investment forecast)
- Market Phase Expectation: IMX enters a consolidation and recovery phase with gradual ecosystem expansion and increased adoption in Web3 gaming and NFT markets.
- Investment Return Predictions:
- 2026: $0.2675 - $0.3484 (10% potential upside)
- 2027: $0.1912 - $0.4201 (24% potential upside)
- Key Catalysts: Layer 2 scaling adoption acceleration, NFT market recovery, strategic partnerships with major gaming platforms, and network utility expansion through developer ecosystem growth.
Long-term Investment Outlook (Is Immutable a good long-term investment?)
- Base Case Scenario: $0.2838 - $0.5454 (2028-2030 timeframe, assuming steady ecosystem development and moderate market adoption growth)
- Optimistic Scenario: $0.5154 - $0.6554 (2030 timeframe, assuming significant mainstream adoption and strong market conditions)
- Risk Scenario: $0.1500 - $0.3000 (extreme conditions including regulatory headwinds, competitive pressure from alternative L2 solutions, or broader market downturn)
Click to view IMX long-term investment and price predictions: Price Prediction
2025-12-17 to 2030 Long-term Outlook
- Base Case: $0.2838 - $0.5454 USD (corresponding to steady ecosystem growth and stable mainstream application expansion)
- Optimistic Case: $0.5154 - $0.6554 USD (corresponding to large-scale adoption and favorable market environment)
- Transformative Case: $1.00+ USD (if breakthrough ecosystem development and mainstream adoption are achieved)
- 2030-12-31 Predicted High: $0.6554 USD (based on optimistic development assumptions)
Disclaimer
Price predictions are speculative in nature and based on historical data analysis and market trends. Past performance does not guarantee future results. Cryptocurrency markets carry significant volatility and risk. This analysis is for informational purposes only and should not be considered as investment advice. Investors should conduct their own research and consult with financial professionals before making investment decisions.
| 年份 |
预测最高价 |
预测平均价格 |
预测最低价 |
涨跌幅 |
| 2025 |
0.305162 |
0.2522 |
0.171496 |
0 |
| 2026 |
0.34835125 |
0.278681 |
0.26753376 |
10 |
| 2027 |
0.4201116075 |
0.313516125 |
0.19124483625 |
24 |
| 2028 |
0.5465526607125 |
0.36681386625 |
0.315459924975 |
45 |
| 2029 |
0.575420911986375 |
0.45668326348125 |
0.301410953897625 |
80 |
| 2030 |
0.655386151421941 |
0.516052087733812 |
0.283828648253596 |
104 |
Immutable X (IMX) Investment Analysis Report
I. Project Overview
Immutable X is a Layer 2 (L2) scaling solution for NFTs on Ethereum, designed to address scalability and cost challenges in the NFT ecosystem.
| Metric |
Value |
| Token Name |
Immutable (IMX) |
| Token Type |
ERC-20 Utility Token |
| Current Price |
$0.2524 |
| Market Cap Rank |
228 |
| Circulating Supply |
822,534,364.12 IMX |
| Total Supply |
2,000,000,000 IMX |
| Market Capitalization |
$207,607,673.50 |
| Fully Diluted Valuation |
$504,800,000.00 |
| Market Share |
0.015% |
| Total Holders |
97,805 |
| Contract Address (ETH) |
0xf57e7e7c23978c3caec3c3548e3d615c346e79ff |
Project Description
Immutable X is the second-layer expansion solution for NFTs on Ethereum. It provides:
- Instant transactions with real-time finality
- Large-scale scalability to support mass adoption
- Zero gas fees for minting and trading without compromising security
- Protection of user and asset security through cryptographic verification
IMX serves as the utility token for the Immutable X network, rewarding network participants for activities including:
- Trading on the platform
- Providing liquidity
- Building applications
Current Price Metrics
24-Hour Movement:
- Price Change: -0.27% (-$0.000683)
- 24H High: $0.2557
- 24H Low: $0.2435
Price Trends Analysis
| Time Period |
Price Change |
Amount Change |
| 1 Hour |
-0.24% |
-$0.000607 |
| 24 Hours |
-0.27% |
-$0.000683 |
| 7 Days |
-20.18% |
-$0.063811 |
| 30 Days |
-30.39% |
-$0.110192 |
| 1 Year |
-86.50% |
-$1.617230 |
Historical Price Levels
- All-Time High (ATH): $9.52 (November 26, 2021)
- All-Time Low (ATL): $0.245423 (December 16, 2025)
- Decline from ATH: -97.35%
- Change from ICO Price ($5.2): -95.15%
Market Liquidity
- 24-Hour Trading Volume: $198,493.72
- Exchange Listings: 56 exchanges
- Circulation Ratio: 41.13% of total supply in circulation
III. Technical & Tokenomic Analysis
Token Distribution
- Circulating Supply: 822,534,364.12 IMX (41.13% of total)
- Total Supply: 2,000,000,000 IMX
- Maximum Supply: 2,000,000,000 IMX
- Supply Status: Fully diluted valuation represents maximum supply potential
Network Activity
- Active Holders: 97,805
- Market Sentiment Indicator: Positive (1/10 scale)
IV. Investment Strategy and Risk Management
Investment Methodology
Long-Term Holding (HODL IMX):
- Suitable for conservative investors believing in Layer 2 NFT infrastructure
- Strategy focuses on network adoption growth and ecosystem development
- Requires patience through volatile market cycles
Active Trading:
- Depends on technical analysis and swing trading opportunities
- Suitable for experienced traders with risk tolerance
- Monitor volume patterns and resistance levels
Risk Management
Asset Allocation Framework:
- Conservative Investors: 1-3% portfolio allocation to speculative L2 tokens
- Aggressive Investors: 5-15% allocation with higher risk tolerance
- Professional Investors: Risk-adjusted portfolio based on volatility metrics and correlation analysis
Risk Hedging Strategies:
- Multi-asset portfolio diversification to reduce concentration risk
- Consider pairing with stablecoin positions to mitigate downside exposure
- Utilize dollar-cost averaging to reduce timing risk
Secure Storage:
- Hot Wallets: For active trading and liquidity provision on Immutable X
- Cold Wallets: Long-term storage for HODL strategies
- Hardware Wallets: Recommended for significant holdings to protect against exchange failures and hacking
V. Investment Risks and Challenges
Market Risks
- High Volatility: IMX exhibits extreme price swings (-86.50% year-over-year), reflecting market sentiment shifts
- Price Manipulation: Limited liquidity ($198K 24H volume) on some exchanges may enable price manipulation
- Market Concentration: 97,805 holders indicates potential holder concentration risk
Regulatory Risks
- Policy Uncertainty: Different jurisdictions maintain varying regulatory frameworks for NFTs and Layer 2 solutions
- Compliance Changes: Future regulations could impact NFT trading volume and utility token classification
- Geographic Restrictions: Certain markets may restrict access to NFT platforms
Technical Risks
- Network Security: L2 solutions depend on underlying Ethereum security and bridge architecture
- Upgrade Failures: Implementation of protocol upgrades may introduce unforeseen bugs or vulnerabilities
- Smart Contract Risk: Complex interactions between Layer 2 contracts and Ethereum mainnet create potential failure points
- Ecosystem Adoption: NFT market demand significantly impacts platform usage and token utility
- Competition: Alternative L2 solutions and competing NFT platforms may reduce Immutable X market share
- Liquidity Risk: Concentration on 56 exchanges may limit exit options during market stress
VI. Conclusion: Is Immutable X a Good Investment?
Investment Value Summary
Immutable X operates within the NFT infrastructure sector, which remains nascent and highly experimental. The project addresses legitimate technical challenges in NFT scalability, but faces structural headwinds:
- Long-term potential exists if Layer 2 NFT solutions achieve mainstream adoption
- Current valuation reflects severe market correction (-95.15% from ICO price, -97.35% from ATH)
- Near-term outlook remains uncertain given depressed NFT market conditions and speculative token valuations
Investor Recommendations
✅ Beginners:
- Dollar-cost averaging strategy to reduce timing risk
- Store holdings in secure hardware wallets rather than exchanges
- Limit allocation to 1-2% of portfolio
- Understand Layer 2 technology before investing
✅ Experienced Investors:
- Swing trading around technical support levels ($0.245-$0.25 range)
- Portfolio allocation combined with other L2 or infrastructure tokens
- Monitor NFT market indicators for sentiment shifts
- Set strict stop-loss levels given volatility
✅ Institutional Investors:
- Strategic long-term positioning if believing in L2 NFT infrastructure thesis
- Conduct thorough due diligence on protocol security and team execution capability
- Consider allocation only if NFT market recovery indicators strengthen
- Evaluate against alternative Layer 2 and infrastructure investments
Critical Disclaimer
⚠️ Warning: Cryptocurrency investment carries substantial risk. Immutable X has experienced a -86.50% decline over the past year and trades 97.35% below its all-time high. This analysis is provided for informational purposes only and does not constitute investment advice. Conduct independent research, consult financial advisors, and only invest capital you can afford to lose completely.
Report Date: December 17, 2025
Data Source: Market data snapshot as of December 17, 2025 01:16 UTC
Immutable (IMX) Frequently Asked Questions (FAQ)
I. What is Immutable X (IMX) and how does it function?
Q: What is Immutable X (IMX) and how does it function?
A: Immutable X (IMX) is a Layer 2 (L2) scaling solution built on Ethereum, specifically designed to address scalability and cost challenges in the NFT ecosystem. IMX operates as an ERC-20 utility token that enables instant transactions, large-scale scalability, and zero gas fees for minting and trading without compromising user or asset security. The token rewards network participants for activities including trading, liquidity provision, and application development on the platform.
II. What is the current price and market position of IMX?
Q: What is the current price and market position of IMX as of December 2025?
A: As of December 17, 2025, IMX is trading at $0.2524 with a market capitalization of $504.8 million (fully diluted valuation). The token ranks 228th by market cap and has a circulating supply of 822.53 million tokens out of a total supply of 2 billion. IMX is listed on 56 exchanges and has approximately 97,805 token holders. The token currently represents 0.015% of the total cryptocurrency market capitalization.
Q: How has IMX price performed historically, and what are the key price milestones?
A: IMX has experienced significant price volatility since its launch in late 2021. Key price milestones include: all-time high of $9.52 reached on November 26, 2021; all-time low of $0.245423 on December 16, 2025; and a decline of 86.50% over the past year. The token has lost 95.15% of value from its initial offering price of $5.2 and 97.35% from its historical peak. Recent performance shows continued weakness with a 7-day decline of -20.18% and 30-day decline of -30.39%.
IV. What are the main investment risks associated with IMX?
Q: What are the main investment risks associated with IMX?
A: Primary investment risks include: market volatility with extreme price swings reflected in the 86.50% annual decline; token dilution risk with only 41.13% of total supply currently in circulation, meaning approximately 1.18 billion tokens remain unlocked; regulatory uncertainty surrounding NFT platforms and Layer 2 solutions; ecosystem adoption dependency on NFT market recovery; technical risks related to Layer 2 bridge architecture and smart contract security; and competition from alternative Layer 2 solutions and NFT platforms. Additionally, limited 24-hour trading volume ($198,493.72) may enable price manipulation on certain exchanges.
V. What are the price predictions for IMX in 2026-2030?
Q: What are the price predictions for IMX in 2026-2030?
A: Based on available analysis, IMX price predictions include the following scenarios: 2026 forecast ranges from $0.2675 to $0.3484 (approximately 10% upside potential); 2027 ranges from $0.1912 to $0.4201 (approximately 24% upside potential); and 2028-2030 base case scenarios range from $0.2838 to $0.5454. The optimistic scenario for 2030 predicts $0.5154 to $0.6554, while transformative scenarios could potentially reach $1.00 or higher if mainstream adoption is achieved. However, these predictions are speculative and should not be considered investment advice.
VI. How should different investor types approach IMX investment?
Q: How should different investor types approach IMX investment?
A: Beginner investors should consider dollar-cost averaging strategies to reduce timing risk, limit allocation to 1-2% of portfolio, and use secure hardware wallet storage. Experienced traders may pursue swing trading around support levels ($0.245-$0.25 range) with strict stop-loss discipline and monitor technical indicators for entry/exit signals. Institutional investors should conduct thorough due diligence on protocol security, evaluate Layer 2 and NFT infrastructure market recovery indicators, and consider strategic allocation only if convinced of the long-term Layer 2 NFT adoption thesis. All investor types should implement appropriate risk management through portfolio diversification and position sizing.
VII. What factors could positively impact IMX's long-term value?
Q: What factors could positively impact IMX's long-term value?
A: Positive catalysts for IMX include: acceleration of Layer 2 scaling adoption across the Ethereum ecosystem; recovery in the NFT and Web3 gaming markets; strategic partnerships with major gaming and entertainment platforms; expansion of the developer ecosystem and application growth on Immutable X; mainstream institutional adoption of NFT infrastructure; favorable regulatory developments clarifying NFT and token classifications; technical improvements to protocol security and transaction efficiency; and broader cryptocurrency market recovery. The established ecosystem with partnerships such as GameStop demonstrates real-world adoption potential within the Web3 gaming sector.
Disclaimer: This FAQ is provided for informational purposes only and does not constitute investment advice, financial recommendations, or guarantees of future performance. Cryptocurrency markets exhibit significant volatility and carry substantial risk. Prospective investors should conduct independent research and consult qualified financial advisors before making investment decisions. Past performance does not guarantee future results.
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.