What is Immutable?

Immutable (IMX) is an Ethereum Layer-2 network token currently ranked 102nd 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 $0.1738, Immutable carries a market capitalization of $337.25M. Daily trading volume across exchanges sits at roughly $9.28M. That works out to a 24-hour turnover of about 2.75% 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 has moved ++0.83%; over the past week, Immutable has moved -5.50%; over the past 30 days, Immutable has moved -0.98%; over the past year, Immutable has moved -74.68%. The trend reads as broadly negative across timeframes — short-, mid-, and long-term momentum align downward.

Volatility profile

Recent price action puts Immutable in the Moderate-volatility bucket. The asset shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the past 30 days, the 30-day move totals -0.98%, which traders should weigh against position sizing and stop-loss placement.

How to evaluate Immutable

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.