What is Immutable?
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 Director 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.
Immutable Price Live Data
- Volume 24h: $ 580,104,686
- Market cap: $ 1,615,705,750
- Supply: 1,251,798,947 IMX
- Max supply: 2,000,000,000 IMX
- 1h %: increased 0.65%
- 24h %: decreased -6.50%
- 7d %: decreased -0.82%
- 30d %: increased 96.44%
- All time high: $ 9.52
- All time high %: 86.45%
- All time high date: November 26, 2021
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