Immutable X (IMX) is making waves with an impressive 12% surge in 24 hours, outperforming the crypto market. Powered by strong fundamentals and excitement around Web3 gaming, let's delve into the reasons behind this rise and the outlook for 2025!
The cryptocurrency market is abuzz in May 2025, with Immutable (IMX) taking the spotlight. A recent post by Alice Crypto on X (@Allice_Crypto) sheds light on an impressive breakout, with a projected gain of over 100%. So, what is driving IMX to new heights? Let’s analyze the technical and fundamental factors behind this rapid rise.
Alice Crypto shared an IMX/USDT chart on a daily timeframe, revealing a clear bullish pattern. IMX has broken out of a descending channel that had been restricting its price for several weeks.
This breakout is accompanied by a significant increase in trading volume, a key indicator of growing investor interest. Currently, IMX is trading at $0.646, with a projected target of $0.800—representing a potential gain of over 30%. According to Alice, the rally could even extend to $1.5, a 123% increase.
This movement is part of a broader trend. Immutable benefits from its presence in the NFT and crypto gaming sectors. As a Layer 2 solution for Ethereum, Immutable X offers fast, gas-free transactions, making it a popular platform for NFT projects and decentralized games. With the rise of these sectors in 2025, IMX is well-positioned to ride the wave.
The rise of IMX is not solely based on technical aspects. Its strong fundamentals also play a crucial role. Immutable has forged partnerships with major players in the gaming industry, and its technology meets developers’ increasing scalability needs. Furthermore, a 42.30% increase in trading volume over 24 hours, as observed recently, demonstrates a significant interest in this altcoin.
Behind this stock performance lies an impressive fundamental growth. Immutable’s co-founder, Robbie Ferguson, revealed in late April a spectacular 619% surge in Monthly Active Users (MAU) year over year (YoY).
Additionally, the Web3 identity and wallet solution, Immutable Passport, has surpassed 5 million registrations. These numbers clearly show the increasing attractiveness of the Immutable platform for gamers and its ability to onboard a large number of new users into the Web3 ecosystem.
The adoption by the video game industry is another key driver. Immutable has already onboarded 344 “well-funded” games on its platform. Titles like The Galaxy of Lemuria or Norma in Metaland, operating on Immutable’s zkEVM, are showing triple-digit activity growth rates. The strategic announcement of the future merger of Immutable X into Immutable zkEVM to create a unified “Immutable” chain promises to further strengthen this ecosystem by offering a unique and optimized solution for Web3 game developers.
From a technical standpoint, technical indicators like the RSI (Relative Strength Index) and DMI (Directional Movement Index) suggest a persistent bullish trend. Some analysts even mention a potential target around $1.08 following this breakout.
Indeed, as shown in the chart, a downtrend line has formed. This should be broken, pushing IMX to the $0.80 zone in the coming days unless BTC falls before then.
Following that, IMX will face resistance at $0.87. Above that, the Fair Gap Value (FGV) draws its course and extends up to $1.05. This is a zone with a high likelihood of being reached by IMX in the coming days.
Another encouraging sign comes from on-chain activity. A significant increase in large transactions has been observed recently, indicating notable interest from “whales” (large investors). These entities seem to be actively accumulating IMX, often a precursor to bullish price movements. The positive correlation between on-chain activity (measured by Price-DAA Divergence) and price evolution reinforces this optimistic scenario.
Immutable (IMX) emerges as one of the most promising altcoins in 2025. With a confirmed breakout, strong technical signals and fundamentals, and a bustling market, IMX could continue its climb.
If the breakout of the bullish trendline at $0.67 is confirmed, IMX could continue its ascent to $0.80, representing an increase of over 30%.
Convinced of the potential of Immutable X (IMX)? The token is available on most major centralized exchange platforms (CEX). You can acquire it on platforms like Binance, Coinbase, Bybit, KuCoin, Gate.io, and of course on Bitget. It is essential to choose a reputable platform known for its reliability and security before making a purchase.
To purchase IMX on a platform like Bitget, follow these steps:
Charles Ledoux is a Bitcoin and blockchain technology specialist. A graduate of the Crypto Academy, he has been a Bitcoin miner for over a year. He has written numerous masterclasses to educate newcomers to the industry and has authored over 2,000 articles on cryptocurrency. Now, he aims to share his passion for crypto through his articles for InvestX.
DISCLAIMER
This article is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose.
InvestX is not responsible for the quality of the products or services presented on this page and cannot be held liable, directly or indirectly, for any damage or loss caused by the use of any product or service featured in this article. Investments in crypto assets are inherently risky; readers should conduct their own research before taking any action and invest only within their financial means. This article does not constitute investment advice.
Risk Warning : Trading financial instruments and/or cryptocurrencies carries a high level of risk, including the possibility of losing all or part of your investment. It may not be suitable for all investors. Cryptocurrency prices are highly volatile and can be influenced by external factors such as financial, regulatory, or political events. Margin trading increases financial risks.
CFDs (Contracts for Difference) are complex instruments with a high risk of rapid capital loss due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should assess whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Before engaging in financial or cryptocurrency trading, you must be fully informed about the associated risks and fees, carefully evaluate your investment objectives, level of experience, and risk tolerance, and seek professional advice if needed. InvestX.fr and the InvestX application may provide general market commentary, which does not constitute investment advice and should not be interpreted as such. Please consult an independent financial advisor for any investment-related questions. InvestX.fr disclaims any liability for errors, misinvestments, inaccuracies, or omissions and does not guarantee the accuracy or completeness of the information, texts, graphics, links, or other materials provided.
Some of the partners featured on this site may not be regulated in your country. It is your responsibility to verify the compliance of these services with local regulations before using them.
