What is Immutable X?
Immutable X (IMX) is an Ethereum Layer-2 network token currently ranked 143rd by market capitalization across all crypto assets we track. L2 networks scale Ethereum by batching transactions and posting compressed proofs back to the L1, lowering fees while inheriting Ethereum security guarantees.
Market position
At the current price of $0.1721, Immutable X carries a market capitalization of $304.36M. Daily trading volume across exchanges sits at roughly $18.16M. That works out to a 24-hour turnover of about 5.97% of the float — consistent with healthy market activity for a mid-to-large cap asset.
Price action across timeframes
Over the past 24 hours, Immutable X has moved ++1.09%; over the past week, Immutable X has moved -17.38%; over the past 30 days, Immutable X has moved ++0.40%; over the past year, Immutable X has moved -74.32%. Short-term and long-term direction diverge here, which often happens at inflection points where a trend is either reversing or pausing.
Cycle position
Immutable X is currently trading far below its all-time high (all-time high of $3.76, -95.4% from peak). Late-stage capitulation territory — the riskiest end of the cycle but historically the highest-reward. From its all-time low of $0.1275, current pricing represents a +35% recovery.
Supply & dilution
The circulating supply stands at 2,000,000,000 IMX. With 100.0% of the maximum supply already issued, future dilution is near-zero — almost all token issuance is behind us.
Volatility profile
Recent price action puts Immutable X in the High-volatility bucket. The asset has been actively trading, with daily moves that would be unusual in traditional equities. Over the past 30 days, the 30-day move totals +0.40%, which traders should weigh against position sizing and stop-loss placement.
How to evaluate Immutable X
A balanced read on IMX typically considers three lenses:
- Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
- Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
- Comparable assets — how is IMX performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.
This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.
Project description
Immutable X (IMX) is a layer-2 scaling solution for Ethereum that enables fast and secure trading of non-fungible tokens (NFTs) without gas fees. It leverages zero-knowledge rollups to ensure scalability and sustainability for digital asset transactions. Source: CoinPaprika.com