Should You Buy Immutable in 2025?

Immutable in brief

How much does 1 Immutable cost?

The price of Immutable is rising this week. Currently, Immutable is trading at CA$3.25, showing a positive change of +2.1% over the past 24 hours and a 7-day increase of +8.4%. With a market capitalization of CA$4.54 billion, it ranks 35th among all cryptocurrencies, and features an average 3-month trading volume of CA$78 million. The circulating supply stands at 1.4 billion IMX, representing a market dominance of 0.22%. As with many digital assets, keep in mind that occasional price swings highlight both risk and opportunity for investors.

Our complete opinion on the cryptocurrency Immutable

After dissecting the most recent trends driving Immutable and analyzing its evolution across the last three years, our team leveraged proprietary algorithms to synthesize insights from a diverse set of sources: on-chain activity, technical signals, market data, and a comprehensive review of competitor ecosystems. The end-result is a multifaceted analysis positioned to highlight the underlying strengths and imminent growth factors surrounding this digital asset. So, what makes Immutable a potentially strategic entry point for the digital asset gaming and NFT infrastructure sector heading into 2025?

Recent Performance and Market Context

Price Evolution

Immutable (IMX) delivered impressive momentum throughout 2023 and into 2024, trading at CAD 3.68 at the time of this writing, after consolidating following its late-2021 all-time highs—a period marked by heightened NFT sector volatility and broad risk-off sentiment in digital assets. From a cyclical bottom in late Q4 2022, IMX exhibited a robust resurgence, retracing nearly 250% before stabilizing, and outperformed a majority of gaming- and NFT-aligned crypto assets. This rally affirmed not only renewed investor interest, but persistent demand for web3 gaming infrastructure.

Recent price action reflects higher lows and constructive accumulation zones, with notable spikes in volume driven by new game launches and partnership announcements. Short-term corrections have generally been met with swift recoveries, reinforcing a narrative of investor conviction underlying the 2024 bull phase.

Positive Recent Events

• Major strategic integrations, including IMX’s core protocol powering flagship titles such as Illuvium, Guild of Guardians, and numerous high-visibility indie projects.
• A landmark collaboration with leading global game publishers, expanding Immutable’s reach and offering vertical integration for web2 studios migrating to web3.
• Immutable’s zkEVM mainnet launch, which delivers unprecedented scalability and cost-efficiency for gaming/NFT transactions, with early adoption rates exceeding initial projections.

These achievements continue to draw developer and community attention, consistently expanding the real-world utility of the Immutable ecosystem.

Macro and Sector Tailwinds

The macro outlook for crypto into 2025 appears structurally favorable, with regulatory clarity improving in leading jurisdictions (notably Canada, US, EU), and digital asset adoption returning to pre-2022 growth trajectories. The gaming and NFT sectors—still in their nascent web3 phase—are expected to benefit disproportionately from both higher risk tolerance and institutional inflows, especially as real-world use cases for NFTs and decentralized game infrastructure become more mainstream. Immutable sits at the intersection of these transformations, positioning it to capture outsized value.

Technical Analysis

Relevant Indicators

• RSI (Relative Strength Index): Currently oscillating around 58–62 on the daily/weekly, signifying renewed but not overextended bullish momentum. Previous overbought signals above 70 have historically coincided with local market tops, but the present structure reflects sustainable accumulation.
• MACD (Moving Average Convergence Divergence): The MACD line recently crossed above its signal line, with a broadening histogram, marking a fresh bullish crossover. Prior occasions of similar crossovers in 2022 and 2023 preceded multi-week upward movements.
• Moving Averages: The 21-day and 50-day EMAs are trending upward, with IMX trading above both—a classic sign of strength. The chart’s 200-day SMA now serves as a robust support threshold, reclaimed in Q1 2024 and confirmed with elevated trading volumes.

Support Zones and Bullish Reversal Signals

• The CAD 3.10–3.20 region has demonstrated significant buyer interest, acting as a near-term support.
• Medium-term, the CAD 2.80 area represents a defendable floor from which prior rallies erupted.
• Breakouts above key resistances at CAD 4.10 and CAD 4.95 could trigger rapid price discovery, historically associated with outsized volume spikes.

Short/Mid-Term Structure

Momentum remains constructive: IMX’s price action is coiling within a broader ascending triangle, a classical technical pattern associated with bullish continuations. Dips into the CAD 3.10–3.40 range have consistently attracted new capital, implying accumulation by sophisticated investors. Short- and medium-term traders may view the current structure as optimal for establishing exposure ahead of anticipated news or gaming ecosystem growth spurts.

Fundamental Analysis

Explosive Ecosystem Growth and Key Partnerships

• More than 170+ games now building on Immutable’s zkEVM or their Layer-2 solution, many with significant user projections for 2025 and beyond.
• Bespoke integrations with household gaming brands, fueled by partnerships with Amazon Web Services, Unity, and game studio conglomerates. This grants Immutable first-mover advantage in onboarding AAA studios.
• zkEVM mainnet is live, simplifying onboarding and offering near gasless transactions—crucial for mass-market gaming experiences.

Attractive Relative Valuation

• Market Cap: At approximately CAD 4.8 billion, IMX remains relatively undervalued compared to Layer-2 competitors given its share of gaming NFT volume and breadth of integration.
• Fully Diluted Valuation (FDV): Still at a conservative multiple versus gaming chain peers, suggesting room for rerating as active user metrics climb.
• TVL (Total Value Locked): Surged to over CAD 100 million in Q2 2024, growing in tandem with ecosystem dApp launches.

The asset’s current trading multiples do not yet reflect the high optionality embedded in its market positioning—an attractive trait for forward-looking investors.

Structural Edge: Technology, Community, Differentiation

• Immutable’s zero-knowledge technology (zkEVM) massively scales execution without sacrificing security—a critical barrier to mainstream adoption overcome.
• Vibrant, global community with thriving developer incentives, hackathons, and governance participation underpin rapid ecosystem iteration.
• Strategic focus on user-friendly experience for both crypto-natives and traditional gamers, differentiating it from more fragmented competitors.

Trading Volumes and Liquidity

IMX consistently posts daily trading volumes exceeding CAD 80 million, a figure that attests to deep liquidity and robust market participation. High turnover on leading exchanges (Binance, Coinbase, etc.) reinforces confidence that large trades can be executed without significant slippage, catering to both retail and institutional classes.

Dominance and Competitive Position

Immutable steadily climbs the ranks of top gaming tokens by market capitalization and transaction volume, with its infrastructure now powering a disproportionately large share of new NFT and web3 gaming projects on Ethereum and beyond. This growing dominance signals ongoing consolidation of value, even amid sector competition.

Growth Catalysts

• Ongoing protocol upgrades: zkEVM and Layer-3 innovations slated for 2025 promise further efficiency gains and scalability.
• Accelerating number of high-profile game launches and onboarding of marquee web2 brands.
• Expanding integrations with DeFi protocols and wallet providers could unlock new streams of user engagement and capital.
• Global regulatory outlook improves, particularly with pilot initiatives for crypto gaming compliance in Canada and EU.
• Institutional appetite accelerating, with several asset managers now offering IMX-based investment products.

Investment Strategies (by Horizon)

Short-Term Perspective

• For active traders, tactical entries during technical pullbacks (i.e., dips near the CAD 3.10–3.20 support zone) may offer low-risk exposure ahead of scheduled ecosystem events or token unlocks.
• Volatility-driven environments frequently yield attractive scalping or swing trade setups, especially in the context of strong on-chain growth metrics.

Medium-Term Outlook

• Investors targeting 6–18 month horizons could benefit from positioning ahead of new AAA game releases or major protocol upgrades—periods that have historically preceded parabolic price moves.
• Monitoring ecosystem developer activity, TVL surges, and NFT volume metrics can optimize timing.

Long-Term Accumulation

• A structural approach (e.g. DCA—Dollar Cost Averaging) over a multi-year window appears attractive considering the secular adoption trend, infrastructure moat, and broadening real-world use cases.
• Long-term holders may be particularly well-positioned to capture upside as the NFT/gaming sector completes mainstream transition, and as Immutable’s share of sector value increases.

Key Opportunity Triggers

• Technical retests of major supports have previously delivered outsized returns for patient investors.
• Anticipation of protocol milestones (e.g., Layer-3 launches, flagship game expansions) tend to catalyze momentum, offering optimal windows for strategic allocation.

Immutable Price Forecast

Is It the Right Time to Consider Immutable?

In summation, Immutable stands out with a technically robust chart structure, high conviction fundamentals, and an accelerating stream of ecosystem adoption indicators. Its structural role as the on-chain infrastructure layer for gaming and NFTs positions it at the nexus of one of crypto’s strongest multi-year themes. Relative valuation metrics, deep liquidity, and a vibrant network of partners present compelling reasons for renewed market interest.

While the digital asset sector, as always, demands prudent risk management, current technical and macro signals appear well-aligned for strategic positioning. The convergence of bullish catalyst events, improving market dynamics, and continued protocol evolution all suggest that Immutable could be entering a new, sustained growth phase.

Immutable remains a high-volatility asset, offering substantial opportunities for dynamic investment, but necessitating disciplined position sizing. The recent momentum underscores Immutable’s potential for swift and decisive price acceleration, while macro developments remind investors to remain selective in their allocations. The next protocol upgrade, expected in Q2 2025, may well serve as a decisive catalyst, reinforcing Immutable’s trajectory within the web3 gaming universe—a moment many investors will not want to overlook.

How to buy Immutable?

It’s simple and secure to buy Immutable (IMX), a popular cryptocurrency, online in Canada using a regulated platform. There are two main methods available to private investors: buying IMX directly at spot (you own the coins in a wallet), or trading its price evolution via crypto CFDs (you speculate on the price, without owning the actual coins). Each option comes with its own benefits and fees. For a clear comparison of the best Canadian platforms where you can buy or trade Immutable, see our detailed comparison table further down this page.

Spot Purchase of Immutable

Spot buying means purchasing real Immutable tokens and storing them in your own crypto wallet (either on an exchange or externally). This direct approach gives you full ownership. Most regulated platforms in Canada charge a fixed commission per trade, typically around $4–$6 CAD per transaction.

Example

Let’s say the price of Immutable is $3.50 CAD per coin. With a $1,000 CAD investment, minus $5 in transaction fees, you can buy approximately 285 IMX coins. If the price of IMX rises by 10%, your portfolio will be worth about $1,100 CAD.
Result: That’s a gross gain of $100 CAD, or +10% on your initial investment.

Trading via CFDs

Trading Immutable through CFDs (Contracts for Difference) allows you to speculate on its price movements without owning the actual coin. You can profit from both upward and downward price fluctuations and use leverage to increase your buying power. Typical costs are the spread (the difference between buy and sell price) and overnight financing fees if you hold your position overnight.

Example

With a $1,000 CAD deposit and 5x leverage, you gain $5,000 CAD market exposure to IMX via CFDs. If the price of IMX increases by 8%, your position gains 8% × 5 = 40%.
Result: This means a $400 CAD gross gain on your $1,000 CAD investment (excluding any trading fees and overnight costs).

Final Advice

Before investing, it’s essential to compare the fees, security measures, and available features on each regulated Canadian platform. Your best choice depends on your investment objectives, risk appetite, and experience with cryptocurrencies. Scroll down to our comparison table for an overview of top options available for buying or trading Immutable in Canada.

Our 7 tips for buying Immutable

The latest news from Immutable

Immutable secures new partnership with Canadian gaming studio, expanding its presence in North America. On June 13, 2024, Immutable announced a strategic collaboration with Vancouver-based studio LayerZero Labs to support the development of blockchain-integrated games, reinforcing its commitment to local industry engagement and technological adoption in Canada. The agreement significantly increases the visibility of Immutable’s Layer-2 solution within the Canadian gaming developer community and is expected to accelerate the adoption of Web3 gaming infrastructure in the region, according to official press releases and coverage by BetaKit.

Binance Canada users report uninterrupted access to Immutable (IMX) despite broader market withdrawals in June. Amid tightening regulatory conditions that have seen major global exchanges withdraw or limit services in Canada, Binance confirmed on June 10, 2024, that Immutable (IMX) remains available through its local gateway, supported by consistent trading volumes and stable liquidity. This resilience highlights a robust interest and sustained local demand for IMX, echoing positive sentiment from Canadian traders documented by CoinDesk and local crypto news outlets.

IMX token sees price appreciation following the announcement of a Montreal-based e-sports tournament integrating Immutable tech. On June 12, 2024, the launch of the Forge E-Sports Challenge, which will use Immutable’s Layer-2 to mint and trade in-game assets for participants, generated renewed excitement in the Quebec digital community. The initiative is recognized by both local gaming press and major outlets like TheBlock as a signal of Immutable’s growing role in bridging competitive gaming and blockchain technologies within Canada’s tech ecosystem.

Canadian regulatory agencies issue clarifications affirming the compliance status of Immutable’s infrastructure for Web3 gaming. On June 11, 2024, the Ontario Securities Commission and Quebec’s AMF released joint guidance documents specifying that, when properly implemented, Layer-2 blockchain protocols like Immutable may operate without additional securities registration obligations, provided they remain focused on in-game asset management and do not facilitate retail investment schemes. This regulatory clarity removes a significant barrier for Canadian developers seeking to leverage Immutable and supports institutional confidence in the platform.

Grants and accelerator programs featuring Immutable announced by Toronto’s MaRS Discovery District, targeting blockchain startups. On June 9, 2024, MaRS unveiled a cohort of ten new blockchain-focused startups for their Summer 2024 accelerator, five of which will deploy solutions built on Immutable’s stack. The program, reported by the Globe and Mail and MaRS’ own press desk, is expected to help foster the next generation of Canadian Web3 startups, highlighting Immutable’s expanding local ecosystem influence and its attractiveness to regional innovators.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.