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IMX Price
$2.25128
-1.98%
Market Cap
$3.34B
24H Volume
$56.33M
Circ Supply
1.48B

IMX Market Stats

  • Price $2.25128
  • 1H Change +0.92%
  • 24H Change -1.98%
  • 7 Day Change -9.85%
  • 30 Day Change +19.98%
  • 1 Year Change +213.38%
  • All-Time High $3.76133
  • % From ATH -40.04%
  • ATH Date Mar 12, 2024

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Immutable Info

Immutable X positions itself as the first layer-two scaling solution for NFTs on Ethereum. According to Immutable X, its blockchain does away with Ethereum’s limitations like low scalability, a poor user experience, illiquidity, and a slow developer experience. Instead, users benefit from instant trading and massive scalability while enjoying zero gas fees for minting and trading NFTs without compromising user or asset security. To achieve that, Immutable X is built with STARK zk-rollups, a technology that Vitalik Buterin considers Ethereum to be “all-in on.”

Thanks to this technology, users will be able to create and distribute assets like ERC-20 and ERC-721 tokens on a massive scale. Chris Clay, the game Ddrector of Gods Unchained, a project already building on Immutable X, stated that Immutable X allows Gods Unchained to implement a new meta-system that was previously impossible. In this fashion, Immutable X aims to create a world-class experience for users and developers alike.

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