TLDR Volvo Group tested a proprietary cryptocurrency for transactions with material and transport suppliers. The proposed system would operate within a closed blockchain network for selected supply chain partners. Immutable records could improve order tracking, transport data sharing, and cross-border transaction management. Product traceability may help the company meet sanctions, trade rules, and Digital Product Passport requirements. The initiative remains at the exploration stage and has not entered commercial or industrial deployment. Volvo Group has tested a proprietary cryptocurrency concept for supplier transactions within a private blockchain environment. Volvo Group said the internal exploration targets faster cross-border exchanges and secure data sharing between supply chain participants. The initiative also seeks immutable transaction records without relying on traditional currencies.
Internal blockchain trial targets supplier transactions Ivan Branco described an internal exploration involving transport suppliers and a proprietary cryptocurrency for controlled blockchain transactions. He discussed the initiative during a recent interview with the Cardano Foundation. The effort remains an exploratory project rather than a commercial deployment.
The proposed system would allow Volvo Group to exchange transaction data with material and transport suppliers inside a closed network. The blockchain would record transportation details and purchase information through immutable digital records. The approach aims to simplify cross-border processes while reducing dependence on conventional payment methods.
Branco said, “We have also done explorations with certain transport suppliers to see if we could create, let’s say, an enclosed environment using blockchain for the transactions in between material supplier, transport supplier, and ourselves with a proprietary cryptocurrency that we created for that specific purpose.”
The statement described discussions with selected transport partners rather than a finalized production system. Volvo Group has not announced a timetable for broader implementation.
Supply chain goals extend beyond digital payments The blockchain initiative supports broader supply chain improvements beyond transaction processing. Volvo Group also sees opportunities for product traceability and future regulatory compliance. Those efforts include preparations for Europe’s upcoming Digital Product Passport requirements.
Branco highlighted difficulties tracking the country of origin for spare parts and assembled vehicles. He explained that trade restrictions create additional compliance responsibilities across international supply chains.
He said, “When you had the Russia-Ukraine situation where the European Union said you don’t ship any more goods towards Russia, you need to know if the goods are getting to Russia, for example, because you’re sending them to importers who might then resell those parts and you’re still liable.”
Branco also acknowledged technical and operational barriers affecting blockchain adoption across established industrial systems. He cited legacy infrastructure, blockchain knowledge, scalability, maintenance, and ongoing support requirements. Volvo Group confirmed that these factors remain important considerations during the evaluation process.
Existing blockchain work provides practical experience Another company within the broader corporate family has already adopted blockchain technology for manufacturing traceability. Volvo Cars introduced blockchain-based cobalt tracking for electric vehicle batteries in 2019. That implementation focused on improving transparency across battery supply chains.
Meanwhile, Volvo Group continues evaluating blockchain applications that could strengthen logistics, compliance, and supplier coordination. The company has presented the cryptocurrency concept as an internal exploration instead of an operational payment platform. No announcement has indicated commercial deployment or production availability.
Web3 gaming platforms are blockchain-powered ecosystems that provide gamers and developers with tools to play, create, and trade in-game assets. These platforms prioritize security, transparency, and true ownership of assets, thereby enabling users to retain control over their purchases and sales without relying on centralized intermediaries. This guide highlights some of the best web3 gaming platforms worth exploring in 2026.
KEY TAKEAWAYS
➤ Web3 gaming platforms are blockchain-based ecosystems that enable decentralized gameplay, true asset ownership, and player-driven economies.
➤ These platforms often include a play-to-earn (P2E) model to drive engagement by enabling players to earn and trade in-game assets.
➤ Key factors to consider while choosing a web3 gaming platform include variety in the game library, P2E mechanics, and security, among others.
5 top web3 gaming platforms
1. TikTrix
Native token
$TRIX and $WORM
Launched in
2024
TikTrix is a web3 gaming platform that combines short-form media with casual games to offer a unique, engaging, gamified experience. It is built on the Meer Chain, an Arbitrum-based layer-3 blockchain optimized to enhance scalability, reduce costs, and improve performance.
TikTrix brings along an intuitive swipe-based navigation, gamified content, and a transparent rewards system powered by its native token, $TRIX.
At the core of TikTrix’s infrastructure are Meer Nodes, which decentralize content delivery, validate transactions, and reward contributors. These nodes ensure platform scalability and reliability while enabling participants to earn rewards by staking tokens and supporting the ecosystem.
Developers also benefit from TikTrix’s APIs and SDKs, which simplify the integration of games and features, thereby expanding the platform’s content library.
TikTrix has a dual-token economy, with $TRIX for governance and platform utilities and $WORM for in-game activities.
As of late January 2025, the platform plans to enhance its governance structure, expand the Meer Node network, and introduce a marketplace for token transactions. It also aims to integrate AI-driven tools for personalized gaming experiences and host large-scale gaming tournaments.
Pros
Unique combination of short-form media and casual gaming designed for broad appeal. Built on Meer Chain, a layer-3 blockchain offering optimized performance for web3 gaming. Decentralized infrastructure with Meer Nodes enhancing data storage and reliability. Dual-token system for governance, in-game transactions, and ecosystem stability. AI integration supports advanced analytics and ensures fair gameplay. Cons
Some technical elements, like node operations, may require advanced understanding. ➤ Layer-3 blockchain architecture: Meer Chain promises to ensure faster and more efficient processing for decentralized gaming activities. This could significantly improve scalability and performance.
➤ Meer Nodes: Extend IPFS functionality for decentralized storage of assets and AI training datasets.
➤ Dual-token economy: TRIX powers governance and platform utilities, while WORM facilitates in-game purchases and rewards.
➤ AI-powered tools: Analytics, abuse prevention, and leaderboard systems to create a fair and engaging user experience.
➤ Gamified engagement: Offers challenges and rewards designed to keep players involved and incentivized.
➤ Scalable ecosystem: Built to support global expansion with multi-chain compatibility and advanced blockchain infrastructure.
2. Gala Games
Native token
$GALA
Launched in
2019
Gala Games is a web3 gaming platform that aims to revolutionize the gaming industry by giving players true ownership of in-game assets. It was founded in 2018 by Eric Schiermeyer, co-founder of Zynga, the company behind popular games like FarmVille.
Gala Games combines blockchain technology, NFTs, and player-driven economies to create a unique gaming ecosystem.
The platform hosts a diverse portfolio of titles, including the likes of Town Star, Spider Tanks, and Mirandus — each promising engaging gameplay with ample earning opportunities.
At its core lies the GALA token, used for in-game transactions, governance, and rewards. Players can earn GALA and other game-specific tokens by playing games, owning nodes, or participating in the ecosystem. Gala Games supports decentralized decision-making, with node operators having a voice in platform development.
Pros
Provides players with true ownership of in-game assets using blockchain technology and NFTs. Expanding portfolio of games with engaging gameplay. Community-driven governance through player-operated nodes. GALA token supports P2E mechanics and incentivizes ecosystem participation. Strong leadership team with gaming and blockchain expertise. Cons
High entry cost for some games due to expensive NFTs or required assets. Complexity of blockchain elements may challenge non-crypto-savvy users. ➤ Player-owned economies: Gamers retain full ownership of in-game assets represented as NFTs, which can be traded or sold across marketplaces.
➤ GALA token utility: Facilitates in-game transactions, rewards node operators, and enables governance participation.
➤ Node network: Includes Founder Nodes for governance and game-specific nodes to support decentralized gameplay and reduce reliance on traditional servers.
➤ Expanding game portfolio: Offers games like Town Star (P2E farming), Spider Tanks (PvP brawler), and Mirandus (fantasy RPG) that cater to various genres.
➤ Decentralized infrastructure: Player-operated nodes ensure platform security and scalability, with rewards distributed to incentivize participation.
➤ NFT integration: Provides gamers with rare and unique assets. This paves the way for player-driven economies and earning opportunities.
3. Immutable X
Native token
$IMX
Launched in
2021
Immutable X is another popular web3 platform that promises to revolutionize the gaming and NFT markets. It offers a high-performance layer-2 scaling solution for Ethereum and promises to effectively tackle high gas fees, slow transaction speeds, and limited scalability.
The platform leverages Zero-Knowledge Rollups (zk-rollups) to ensure instant trade confirmations and gas-free transactions while also maintaining Ethereum’s decentralization and security.
It also provides a developer-friendly infrastructure that includes REST APIs, SDKs, and NFT-enabled wallets. These features collectively ensure a smooth integration of blockchain features into games and applications. At the same time, they also reduce development complexity, making it an attractive choice for game developers.
The Immutable X Marketplace further enhances the platform by offering zero gas fees for NFT trading and a shared global order book. These features boost liquidity, simplify user engagement, and encourage interoperability across marketplaces.
Players, meanwhile, benefit from true ownership of in-game assets, with the ability to trade, sell, and use these items across supported platforms.
Pros
Zero gas fees for NFT minting and trading. Powered by ZK-Rollups for scalability and decentralization. Strong marketplace with instant trade confirmations and high-frequency transaction support. Empowers players with ownership of in-game assets. Growing ecosystem attracting gamers, developers, and collectors. Cons
Limited number of supported games compared to traditional platforms (so far). ➤ Zero gas fees: Enables minting and trading of NFTs without transaction costs, thus lowering entry barriers for users.
➤ Zk-rollups scalability: Ensures faster transactions while maintaining security and decentralization on Ethereum.
➤ User-friendly marketplace: A reliable platform for trading NFTs with instant trade confirmations and high-frequency support.
➤ Cross-game asset ownership: Players can own and utilize assets across various games within the ecosystem.
➤ Developer-friendly tools: APIs and SDKs simplify game integration and encourage ecosystem growth.
4. QORPO
Native token
$QUORPO
Launched in
2018
QORPO is a web3 gaming and e-sports platform that blends blockchain technology with AAA-quality games to create an elaborate decentralized gaming ecosystem. It offers a one-stop hub for gaming, esports, and digital asset management that serves gamers and blockchain enthusiasts alike.
QORPO simplifies web3 gaming by uniting its products under QORPO WORLD, a suite that includes a web3 wallet, an NFT marketplace, a DAO-powered governance system, and advanced gaming mechanics powered by Unreal Engine 5.
This ecosystem combines new technology with community-driven principles to deliver an immersive gaming experience.
Some of the top games and features on the platform include:
➤ Citizen Conflict: A dystopian hero shooter that combines esports-ready mechanics, cyberpunk aesthetics, and a player-driven economy.
➤ AneeMate: A fantasy RPG where players rescue and own mythical creatures as NFTs — it’s a mix of strategy, exploration, and storytelling.
➤ QORPO Marketplace: A transparent, decentralized marketplace for trading in-game assets and NFTs.
Pros
Titles like Citizen Conflict and AneeMate offer immersive gameplay powered by Unreal Engine 5. QORPO WORLD integrates games, a wallet, an NFT marketplace, and governance in one seamless platform. The platform emphasizes decentralization by granting players true ownership of in-game assets via NFTs. Integration with Ethereum, BNB Chain, Immutable X, and more ensures low-cost, scalable transactions. Competitive and spectator modes appeal to esports enthusiasts. Cons
While streamlined, onboarding to blockchain gaming may still pose challenges for beginners. Some high-value assets might limit accessibility for casual gamers. ➤ QORPO marketplace: A decentralized marketplace for secure trading of in-game items, NFTs, and digital assets.
➤ Web3 wallet: Manage cryptocurrencies, NFTs, and stake assets within the QORPO ecosystem.
➤ DAO governance: Users vote on platform development, token listings, and roadmap milestones.
➤ Advanced game development: Powered by Unreal Engine 5 and AWS for high-performance gameplay.
➤ Multi-chain support: Offers compatibility with Ethereum, BNB Chain, Immutable X, and more for seamless transactions.
5. Axie Infinity
Native token
$AXS
Launched in
2018
Axie Infinity is another popular blockchain-based gaming platform that merges play-to-earn (P2E) mechanics with engaging gameplay. Players can collect, breed, and battle creatures called Axies, each represented as a unique NFT. These Axies, along with in-game rewards like Smooth Love Potion (SLP) and governance token Axie Infinity Shards (AXS), form the backbone of the ecosystem.
The gameplay includes virtual land ownership, P2E incentives, and a decentralized economy powered by the Ethereum-based Ronin sidechain. Meanwhile, the Axie Infinity Marketplace serves as a hub for buying, selling, and trading Axies, virtual land, and other in-game items.
Initially launched as Axie Infinity Classic, the game transitioned to Axie Infinity Origins in 2022 to enhance gameplay and accessibility. Despite a fluctuating player base in 2025, Axie Infinity remains a significant force in the GameFi space.
So far, this growing ecosystem has contributed to the rise of blockchain gaming by promoting peer-to-peer engagement and empowering players with ownership and autonomy of in-game assets.
Pros
Players own in-game assets like Axies and virtual land as NFTs The Ronin sidechain reduces gas fees and enhances transaction speed for a smooth user experience. Unique and rewarding P2E dynamics. Includes virtual land, AXS governance tokens, and in-game rewards like SLP. Regular updates and the introduction of Axie Infinity Origins reflect ongoing innovation. Cons
The cost of acquiring Axies or virtual land can deter casual players. Earnings have decreased as market saturation and economic adjustments impacted profitability. ➤ NFT-based gameplay: Each Axie is an NFT that grants players true ownership and the ability to trade or sell their creatures.
➤ Smooth Love Potion (SLP): Can be earned through gameplay. You can use this token for breeding Axies or trading on exchanges.
➤ Axie Infinity Shards (AXS): A governance token enabling holders to vote on platform decisions, stake for rewards, or purchase in-game items.
➤ Virtual Land (Lunacia): Tokenized plots where players can gather resources, earn AXS, and upgrade their Axies and base.
➤ Scholarship Program: Community-driven model where players can lease Axies to new users, thereby expanding access to the game.
How to choose a web3 gaming platform Considering the abundance of web3 gaming platforms out there — some established, others new and emerging — it makes sense to carefully consider the following factors to ensure the best gaming and investment experience:
Game quality and variety: Ideally, you should look for platforms offering engaging, high-quality games with diverse genres. A platform’s ability to deliver an immersive and engaging experience often reflects its commitment to innovation and player satisfaction.
Ownership and asset utility: You also want to ensure the platform provides true ownership of in-game assets via NFTs. Consider how these assets can be used across different games or ecosystems, as this can significantly improve their value and usability.
Blockchain integration: Check the platform’s underlying blockchain technology for scalability, transaction speed, and low costs. Established blockchains like Ethereum, Solana, or Polygon often provide sound infrastructures.
User-friendliness: A good platform should offer intuitive interfaces, easy wallet integration, and straightforward onboarding to make itself accessible to new and experienced users. Community and ecosystem: Platforms with active communities and strong partnerships often have better growth potential. Look for transparency in governance and opportunities to participate in decision-making.
Security and trust: Make sure that the platform undergoes regular audits and adheres to security standards. A track record of safe transactions and transparent operations is essential. Stay safe when gaming in web3 Web3 gaming ecosystems are still in the early stages of development and can’t yet match traditional gaming platforms in quality or game variety. However, many platforms, including some covered in this article, are making significant progress, with some even working to introduce AAA titles to their libraries. That said, what sets web3 gaming apart is its play-to-earn mechanics and true ownership of in-game assets. These aspects offer a unique appeal that compensates for the current limitations in quality and variety.
Each platform on our list offers distinct features and opportunities. So, start by exploring their game libraries, P2E models, and ecosystem dynamics to find the platform that best suits your preferences. Remember to always prioritize your safety when interacting with web3 platforms and never share your crypto wallet’s private keys or click unverified links.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Purchasing in-game tokens for investment purposes is risky and you may lose money.
Frequently asked questions What makes web3 gaming platforms different from traditional gaming platforms? Web3 gaming platforms integrate blockchain technology to offer a decentralized ecosystem where players assume true ownership of in-game assets as NFTs. Unlike traditional platforms, where assets are tied to the game, web3 assets can be traded or sold independently. These platforms also feature decentralized economies that allow users to participate in governance and earn rewards through play-to-earn models.
Can beginners play web3 games? Many web3 platforms are working to simplify onboarding for new users with intuitive interfaces and guides. However, understanding blockchain basics like wallets, tokens, and NFTs is essential for using these ecosystems. Beginners should start with platforms offering free-to-play options and comprehensive tutorials.
How do I pick the best web3 gaming platform? Key factors include the platform’s game library, play-to-earn dynamics, and supported blockchain ecosystems. Check for security measures, user reviews, and token utility to ensure a reliable experience. Assess compatibility with your devices and ease of use for smooth gameplay.
Big news for the Voxie Tactics community, as AlwaysGeeky Games formally announces the collaboration with Immutable, which introduces the popular turn-based strategy to the Immutable Play meta.
Voxie Tactics Unveils Strategic Collab with Immutable 📰
AlwaysGeeky Games has confirmed a new partnership with Immutable, bringing @VoxieTactics into Immutable Play. Players can now complete quests, earn leaderboard ranks, and unlock blockchain-powered rewards
Read more 🧵 pic.twitter.com/tKF2VYbGLB
— PlayToEarn (@PlayToEarn) November 24, 2025 It incorporates blockchain-based hunts, rotating leaderboards, and opportunities to earn rewards into the game. It is a huge leap towards player-driven growth because the studio is establishing more interaction in terms of earning opportunities and reward programs.
AlwaysGeeky Games writes that the feature is already operational and driven by the blockchain tooling created by Immutable, so the players can now access new competition structures and new avenues of winning exclusive prizes.
Partnership Opens New Ways for Players to Compete and Earn With Immutable Play, Voxie Tactics players now have the ability to finish quests and take part in seasonal leaderboard contests that offer performance incentives across matches and in-game challenges.
The system enables the players to gain status on the open leaderboards and get rewards for success because of the consistency of the gameplay. Participation is now being given equal returns, whether it be tournament places or daily quests finished or multiplayer accomplishments.
To the community, this change constitutes a significant change to the advances of recognizing progression. The new system is based on the activity of the players, their skills, and dedication as opposed to rewards that are grounded in the traditional in-game purchases. This offers the casual players as well as competitive users more chances to succeed.
The collaboration comes at a time when Voxie Tactics is still enjoying new growth since its mobile launch in August, introducing the title to mobile platforms (Android and iOS) with all cross-play functionalities and PC.
Advantages of the Partnership to the Game and Its Community The fact that the collaboration enhances the ecosystem surrounding Voxie Tactics and makes long-term engagement even more valuable comes to be listed as one of the most significant consequences of the cooperation.
With the usage of Immutable blockchain tools, the game has provided transparent, secure, and gameplay achievement-based reward distribution. Gamers will be able to earn blockchain-Deutschland items, progression rewards, and real-time ranking movement.
Also, Voxie Tactics is situated in a multi-game ecosystem where tools, technology, and visibility are shared by being part of Immutable Play. Additional Polygon-based games will be added to the hub within the next few months and can widen the competitive nature and allow all communities to become aware of it.
This update is a continuation of the presence of the Polygon Gaming hub in Immutable Play, which launched five web3 games in October with built-in leaderboards, quests, and a common dish of 100,000 dollars that could be taken by participants. Voxie Tactics has become the addition to that list as the ecosystem is speeding up its multi-title expansion.
The CEO of AlwaysGeeky Games, Steven Ball, mentioned the partnership as a celebration of the huge number of players who have been loyal to their game and said that now they can play, collect, and earn recognition for their activity using Immutable Play.
Strengthening the Game with Competitive Depth and New Content The partnership will further give momentum to the recent development updates within Voxie Tactics, such as the launch of Titan Arena in the first half of 2025.
Titan Arena uses pre-built characters, and their gear is uniform to make everyone have the same loadout, making the only focus of the game be the skill factor instead of having better inventory. Voxite is earned in the form of Gold Voxites, whereby winners of such battles can exchange it to get VOXEL tokens.
The game is on the largest stage ever, with quests, leaderboards, seasonal competitions, and rewards that are powered by blockchain in place.
With the further expansion of the player base and the addition of more titles to Immutable Play, the integration outlines Voxie Tactics to promote the growth of interaction and rivalry within a variety of platforms.The collaboration marks a breaking point towards strategy-based gaming in web3 and transforms the manner in which gamers gain, compete, and receive credit based on the gameplay.
AUTHOR
With over five years of experience in crypto, blockchain, and tech content, Ishtiyaq makes complex topics easy to understand. He simplifies blockchain and digital currency concepts for a wide audience, ensuring that beginners and experts alike can grasp key ideas. His clear and engaging writing helps readers stay informed about the latest trends, developments, and innovations in the crypto space. Whether explaining blockchain technology, digital assets, or DeFi, Ishtiyaq breaks down complicated ideas into simple, digestible content. His goal is to help people navigate the fast-changing world of cryptocurrency with confidence, clarity, and a deeper understanding.
The rare earth industry has spent years circling the same problem. Minerals move through too many borders, too many processors, and too many chemical transformations to maintain a trustworthy origin story. By the time a rare earth oxide becomes a magnet or an alloy, the truth behind it has been diluted by paperwork, assumptions, and gaps no one can independently verify. SMX (NASDAQ:SMX) introduced a different path. It placed identity inside the material itself, embedding a molecular signature that survives every physical and chemical stage from mined ore to final component.
That capability is arriving at a time when global supply chains can no longer rely on declarations, affidavits or third-party attestations. China still dominates the refining stages that turn ores into usable elements, creating a bottleneck where visibility breaks down, and provenance gets blurred. SMX cuts straight through that blind spot. It gives rare earths a memory, a way to carry their origin through crushing, separation, calcination, and purification without losing the truth in the transition.
The shift is bigger than science. It is an architectural change to how strategic materials are validated. For decades, rare earths have been essential to modern industry, yet the world has never had a verification system that followed the material itself. Everyone relied on forms, not facts. SMX rewrote that relationship by creating a signal that cannot be washed away or substituted. It gives manufacturers and governments what they have never had before, a permanent method to confirm authenticity without depending on unverifiable claims.
The Global Scramble for Traceable Critical Minerals
Nations are now racing to secure critical minerals for electric vehicles, renewable energy, defense systems, and semiconductor production. Those plans fall apart if the inputs cannot prove their identity. The old model of tracing rare earths through customs documents and shipping logs collapses as soon as concentrates cross borders or enter a processing facility. Chemical profiles lose meaning once material goes through separation. Digital tracking breaks when elements dissolve. Supply chains built for the 1980s cannot support the industrial needs of the 2030s.
This is why the United States and Europe are rewriting their sourcing frameworks. They are discovering that strategic control means nothing without verification. A country can open new mines and invest in new refineries, but unless the incoming feedstock can defend its own truth, the system remains vulnerable. SMX closes that vulnerability. Its embedded markers survive extraction, refining, alloying, and end-use manufacturing, creating a continuous chain of identity that does not fade.
The market is beginning to treat this as a requirement rather than a competitive advantage. Auto manufacturers want magnets that come with an irrefutable origin. Defense contractors cannot risk materials without independent proof. Government-backed facilities will not process unverifiable feedstock. Investors are already pricing in the penalties for supply chain opacity. A new global standard is forming around material-level verification, and SMX is one of the few technologies capable of delivering it.
A New Power Structure in Critical Materials
Rare earth influence is shifting away from countries that merely extract or refine and toward those that can verify. Authenticity is becoming the new currency of strategic materials. SMX's molecular identity system is accelerating that shift. It transforms authenticity from a claim printed on a certificate into a characteristic embedded in the material itself. Supply chains must now reorganize around the truth that does not depend on trust.
The next decade of technological advancement hinges on this change. Electric vehicle motors only perform as reliably as the magnets inside them. Defense systems are only as secure as the alloys that support their architecture. Semiconductor technologies are only as resilient as the elements that form their substrates. When rare earths can authenticate themselves, every downstream technology becomes more stable, predictable and secure.
A new hierarchy is starting to form. Suppliers who deliver minerals with intrinsic, permanent identity will become preferred partners in high-value industries. Those who cannot verify their feedstock will fall to commodity status or be excluded from sensitive applications entirely. SMX is hastening that transformation by giving the world a way to distinguish truth from assumption. Companies that adopt this capability will define the future of the critical mineral economy. Those who resist will find themselves outpaced by a system that no longer accepts unproven materials.
About SMX
As global businesses face new and complex challenges relating to carbon neutrality and meeting new governmental and regional regulations and standards, SMX is able to offer players along the value chain access to its marking, tracking, measuring and digital platform technology to transition more successfully to a low-carbon economy.
Forward-Looking Statements
The information in this press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "forecast," "intends," "may," "will," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release may include, for example: matters relating to the Company's fight against abusive and possibly illegal trading tactics against the Company's stock; successful launch and implementation of SMX's joint projects with manufacturers and other supply chain participants of steel, rubber and other materials; changes in SMX's strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects and plans; SMX's ability to develop and launch new products and services, including its planned Plastic Cycle Token; SMX's ability to successfully and efficiently integrate future expansion plans and opportunities; SMX's ability to grow its business in a cost-effective manner; SMX's product development timeline and estimated research and development costs; the implementation, market acceptance and success of SMX's business model; developments and projections relating to SMX's competitors and industry; and SMX's approach and goals with respect to technology. These forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing views as of any subsequent date, and no obligation is undertaken to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. As a result of a number of known and unknown risks and uncertainties, actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: the ability to maintain the listing of the Company's shares on Nasdaq; changes in applicable laws or regulations; any lingering effects of the COVID-19 pandemic on SMX's business; the ability to implement business plans, forecasts, and other expectations, and identify and realize additional opportunities; the risk of downturns and the possibility of rapid change in the highly competitive industry in which SMX operates; the risk that SMX and its current and future collaborators are unable to successfully develop and commercialize SMX's products or services, or experience significant delays in doing so; the risk that the Company may never achieve or sustain profitability; the risk that the Company will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; the risk that the Company experiences difficulties in managing its growth and expanding operations; the risk that third-party suppliers and manufacturers are not able to fully and timely meet their obligations; the risk that SMX is unable to secure or protect its intellectual property; the possibility that SMX may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties described in SMX's filings from time to time with the Securities and Exchange Commission.
Coinbase added six new assets to its Coinbase 50 Index, the exchange benchmark that tracks the fifty largest and most liquid digital assets by market capitalization.
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The latest rebalancing brings Hedera, Mantle, VeChain, Immutable, Sei, and Flare into the index as these networks gain traction across decentralized finance, gaming, tokenization, and real-world asset applications.
Hedera focuses on enterprise-grade tokenization, while Mantle brings an Ethereum layer 2 approach built around modular scaling. VeChain expands the group with supply chain and asset tracking tools tied to real-world integrations.
Immutable adds gaming and NFT infrastructure on Ethereum, supporting digital ownership at scale. Sei contributes a high-performance layer 1 optimized for trading activity and fast execution. Flare rounds out the additions by enabling smart contract functionality for networks such as XRP.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Jefferies: Samsung is likely to follow SK Hynix’s example to list in the US via ADRs.
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Stifel: U.S. economy in "overheated expansion" as AI investment cycle outweighs consumer pressure
U.S. large diversified financial services holding company Stifel has raised its year-end S&P 500 target and rolled out a stock allocation framework for a "high-growth, high-inflation" environment. The firm lifted its year-end S&P 500 target to 7,800 points, noting the U.S. economy is entering a "running hot" state—where economic growth is strengthening alongside mounting inflationary pressure. Stifel’s models show U.S. growth momentum is picking up while inflation momentum is clearly overheating, a trend that will reshape the market’s leading sector structure in the second half of the year. Instead of traditional consumer sectors, Stifel’s top picks are investment-led cyclical industries, including banks, transportation, materials, energy, semiconductors, software and equipment. The firm adds that fixed-asset investment in AI remains on the rise: large tech firms including Amazon, Microsoft, Meta and Google are projected to combine for roughly $725 billion in total capital expenditures in 2026, some $100 billion higher than prior estimates. This means the AI investment chain is likely to continue outperforming the consumption chain squeezed by inflation. Stifel advises investors to reduce exposure to discretionary consumer, consumer staples, communication services and some financial services sectors, as these areas see weaker earnings revisions. Conversely, the firm favors cyclical value stocks and hedges with defensive value sectors such as insurance, autos, energy and banks.
The Coinbase 50 Index adds six new projects: HBAR, MANTLE, VET, FLR, SEI, and IMX.
PANews reported on December 2nd that Coinbase will rebalance its Coinbase 50 Index (COIN50) in the fourth quarter of 2025, adding six new assets: Hedera Hashgraph (HBAR), Mantle (MANTLE), VeChain (VET), Flare (FLR), Sei (SEI), and Immutable X (IMX). This index tracks the overall performance of the top 50 investable digital assets listed on the Coinbase exchange.
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As the crypto market recovers, Immutable [IMX] has drawn fresh attention from traders. At the time of writing, IMX was up 9.50%, trading at $0.293.
This price gain is fueling expectations of further upside, supported by strong market interest. Trading volume surged 65% to $35.48 million, underscoring active participation.
The combination of rising price and volume suggests that both traders and investors are backing IMX’s current trend.
IMX price action and key level to watch AMBCrypto’s technical analysis on the daily chart shows that today’s 9.50% gain in the IMX price has successfully formed a bullish cup-and-handle pattern and is now on the verge of a breakout.
Source: TradingView Based on the current price action, if IMX’s upside momentum continues and the price breaks above the neckline at the $0.30 level, it could open the door for a further 16% rally toward $0.351 in the coming days.
IMX’s bullish thesis can only be validated if the asset clears the neckline; otherwise, history may repeat, and the price could see a reversal, as it has in the past.
At the same time, the price has already surpassed the 50-day Exponential Moving Average (EMA), with IMX hovering above it, at press time. This indicates that the asset is shifting toward a short-term uptrend and is a bullish sign for IMX holders.
However, the momentum indicator Average Directional Index (ADX), which measures trend strength, has reached 21.17, below the key threshold of 25, indicating weak directional momentum.
Are IMX traders turning bullish? Besides the price action, data from the derivatives platform CoinGlass indicates that intraday traders are following the current trend.
According to the IMX Exchange Liquidation Map, traders are heavily favoring long-leveraged positions, which continue to rise compared to short-leveraged positions.
Source: CoinGlass At press time, $0.276 on the downside and $0.30 on the upside are the two key levels attracting strong trader interest. Data shows that over the past 24 hours, traders have built $384.44K worth of long positions and $305.85K worth of short positions.
These positions and intraday trader bets indicate that short-term market sentiment is quite bullish. However, $0.30 continues to act as a strong resistance level.
Final Thoughts IMX gained 9.50%, positioning itself for a potential 16% rally, though it is currently facing resistance. Despite the bullish outlook, the technical indicator ADX suggests that IMX’s current trend remains weak, as its value is below 25.
Bullish IMX price prediction for 2026 is $0.3103 to $0.4110. Immutable (IMX) price might reach $4 soon. Bearish IMX price prediction for 2026 is $0.1546. In this Immutable (IMX) price prediction 2026, 2027-2030, we will analyze the price patterns of IMX by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
TABLE OF CONTENTS
INTRODUCTION
Immutable (IMX) Current Market StatusWhat is Immutable (IMX)?Immutable (IMX) 24H TechnicalsIMMUTABLE (IMX) PRICE PREDICTION 2026
Immutable (IMX) Support and Resistance LevelsImmutable (IMX) Price Prediction 2026 — RVOL, MA, and RSIImmutable (IMX) Price Prediction 2026 — ADX, RVIComparison of IMX with BTC, ETHIMMUTABLE (IMX) PRICE PREDICTION 2027, 2028-2030CONCLUSIONFAQ Immutable (IMX) Current Market Status Current Price $0.2354 24 – Hour Price Change 4.73% Down 24 – Hour Trading Volume $25.26M Market Cap $468.38M Circulating Supply 1.98B IMX All – Time High $9.50 (On Nov 26, 2021) All – Time Low $0.3781 (On Dec 31, 2022) (CoinGecko) IMX Current Market Status (Source: CoinMarketCap) What is Immutable (IMX) TICKERIMXBLOCKCHAINEthereum BlockchainCATEGORYLayer-2 scaling solutionLAUNCHED ONNovember 2021UTILITIESGovernance, tipping system, gas fees & rewards Immutable X is a layer-2 scaling solution for NFTs on Ethereum. It was created to improve Ethereum’s scalability and user experience. IMX is the native token of Immutable X. It was used to pay for transaction fees and incentivize users and developers on the platform.
Immutable X was founded in 2018 by James Ferguson, Robbie Ferguson, and Alex Connolly. The platform provides game developers and all NFT creators with unmatched throughput at zero gas rates for trading and mining NFTs in a carbon-neutral environment.
Immutable 24H Technicals Immutable (IMX) ranks 91 on CoinMarketCap in terms of its market capitalization. The overview of the Immutable price prediction for 2026 is explained below with a daily time frame.
IMX/USDT Horizontal Channel Pattern (Source: TradingView) In the above chart, Immutable (IMX) laid out a Horizontal Channel pattern also known as the sideways trend. In general, the horizontal channel is formed during the price consolidation. In this pattern, the upper trendline, the line which connects the highs, and the lower trendline, the line which connects the lows, run horizontally parallel and the price action is contained within it.
A horizontal channel is often regarded as one of the suitable patterns for timing the market as the buying and selling points are in consolidation.
At the time of analysis, the price of Immutable (IMX) was recorded at $0.2368. If the pattern trend continues, then the price of IMX might reach the resistance levels of $0.259, $0.314, and $0.454. If the trend reverses, then the price of IMX may fall to the support level of $0.215.
Immutable (IMX) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of Immutable (IMX) in 2026.
IMX/USDT Resistance and Support Levels (Source: TradingView) From the above chart, we can analyze and identify the following as resistance and support levels of Immutable (IMX) for 2026.
Resistance Level 1$0.3103Resistance Level 2$0.4110Support Level 1$0.2150Support Level 2$0.1546IMX Resistance & Support Levels Immutable (IMX) Price Prediction 2026 — RVOL, MA, and RSI The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Immutable (IMX), are shown in the chart below.
From the readings on the chart above, we can make the following inferences regarding the current Immutable (IMX) market in 2026.
INDICATORPURPOSEREADINGINFERENCE50-Day Moving Average (50MA)Nature of the current trend by comparing the average price over 50 days50 MA = $0.262
Price = $0.244
(50MA > Price)Bearish/DowntrendRelative Strength Index (RSI)Magnitude of price change;Analyzing oversold & overbought conditions41.961
<30 = Oversold
50-70 = Neutral
>70 = OverboughtNearly OversoldRelative Volume (RVOL)Asset’s trading volume in relation to its recent average volumesBelow cutoff lineWeak volume Immutable (IMX) Price Prediction 2026 — ADX, RVI In the below chart, we analyze the strength and volatility of Immutable (IMX) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).
From the readings on the chart above, we can make the following inferences regarding the price momentum of Immutable (IMX).
INDICATORPURPOSEREADINGINFERENCEAverage Directional Index (ADX)Strength of the trend momentum11.581Weak TrendRelative Volatility Index (RVI)Volatility over a specific period44.83<50 = Low
>50 = High
Low Volatility Comparison of IMX with BTC, ETH Let us now compare the price movements of Immutable (IMX) with those of Bitcoin (BTC) and Ethereum (ETH).
BTC Vs ETH Vs IMX Price Comparison (Source: TradingView) From the above chart, we can interpret that the price action of IMX is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of IMX also increases or decreases respectively.
Immutable (IMX) Price Prediction 2027, 2028 – 2030 With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Immutable (IMX) between 2027, 2028, 2029, and 2030.
Year Bullish Price Bearish PriceImmutable (IMX) Price Prediction 2027$4.5$0.1Immutable (IMX) Price Prediction 2028$5$0.09Immutable (IMX) Price Prediction 2029$5.5$0.08Immutable (IMX) Price Prediction 2030$6$0.07 Conclusion If Immutable (IMX) establishes itself as a good investment in 2026, this year would be favorable to the cryptocurrency. In conclusion, the bullish Immutable (IMX) price prediction for 2026 is $0.4110. Comparatively, if unfavorable sentiment is triggered, the bearish Immutable (IMX) price prediction for 2026 is $0.1546.
If the market momentum and investors’ sentiment positively elevate, then Immutable (IMX) might hit $4. Furthermore, with future upgrades and advancements in the Immutable ecosystem, IMX might surpass its current all-time high (ATH) of $9.50 and mark its new ATH.
FAQ 1. What is Immutable (IMX)? Immutable X is a layer-2 scaling solution for NFTs on Ethereum. It was created to improve Ethereum’s scalability and user experience.
2. Where can you purchase Immutable (IMX)? Traders can trade Immutable (IMX) on the following cryptocurrency exchanges such as OKEx, Huobi Global, Bybit, and Bitget.
3. Will Immutable (IMX) reach a new ATH soon? With the ongoing developments and upgrades within the Immutable platform, Immutable (IMX) has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of Immutable (IMX)? Immutable (IMX) hit its current all-time high (ATH) of $9.50 on Nov 26, 2021.
5. What is the lowest price of Immutable (IMX)? According to CoinMarketCap, IMX hit its all-time low (ATL) of $0.3781 on Dec 31, 2022.
6. Will Immutable (IMX) reach $4? If Immutable (IMX) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $4 soon.
7. What will be Immutable (IMX) price by 2027? Immutable (IMX) price is expected to reach $4.5 by 2027.
8. What will be Immutable (IMX) price by 2028? Immutable (IMX) price is expected to reach $5 by 2028.
9. What will be Immutable (IMX) price by 2029? Immutable (IMX) price is expected to reach $5.5 by 2029.
10. What will be Immutable (IMX) price by 2030? Immutable (IMX) price is expected to reach $6 by 2030.
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Disclaimer: The opinion expressed in this article is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
The new documentary “Immutable” follows students in the Washington Urban Debate League over two years as they face challenges in their own lives and on the debate stage. In the program, students learn how to think critically, challenge their own opinions and find their voices through debate. Geoff Bennett spoke with the people connected to the film for a closer look.
Notice: Transcripts are machine and human generated and lightly edited for accuracy. They may contain errors.
Geoff Bennett:
A new documentary called "Immutable" follows students in the Washington Urban Debate League over a two-year period as they faced challenges in their own lives and on the debate stage. In the program, students from middle school through high school learn how to think critically, challenge their own opinions and find their voices through debate.
"Immutable" starts airing tonight on many PBS stations.
I recently spoke with three people connected to the film for a closer look.
Student:
I'm saying that Asia is going to start a war if the United States...
Geoff Bennett:
The U.S. role in NATO, Social Security benefits and economic inequality, not the kind of topics you usually hear teenagers discussing, but in debate competitions, nothing is off the table.
Urban debate leagues took hold in the 1990s, opening the door to competitive debate for students in city schools.
Will Baker, Founder, New York Urban Debate League:
Imagine if for the first time -- and we use this as a hook with kids -- adults have to sit in the back of the room for an hour and 45 minutes and just listen to your ideas. That's really powerful.
Noah Millhouse, Student Debater:
That they're paying money and not receiving SSI.
Jonathan Capehart:
Noah Millhouse is one of the students featured in the documentary "Immutable." Now a high school sophomore, Millhouse started debate during COVID after his mother pushed him to give it a try.
Noah Millhouse:
I just saw it as a summer opportunity. And going into debate and starting to compete and actually win, it felt good. I liked the sport of debate. I liked the people I met. And it just felt like something I was able to adjust to and just learn new things.
Jonathan Capehart:
Millhouse is part of the Washington Urban Debate League, which helps students in D.C. area public schools hone their debate skills.
Norm Ornstein, Matthew Ornstein Memorial Foundation:
It teaches life skills. It teaches public school kids a whole host of things, how to speak in front of any audience, get your own voice, how to do research, how to write, how to sort out information from misinformation and disinformation, because this is policy debate.
And that means that every assertion you make has to be backed by a piece of evidence. And if that evidence is bogus, you're going to get caught with it.
Jonathan Capehart:
Norm Ornstein's late son Matthew was a national debate champion in high school. After Matthew died, Ornstein founded the Matthew Ornstein Foundation, which now hosts a summer debate camp for students.
Norm Ornstein:
We looked at -- for a way in which we could carry that set of missions forward and thought, let's try and bring all of this to people who don't have those resources. It's been just a rich experience for us to see what happens when you can take kids and give them the tools and the resources.
And one of the elements of this, Geoff, is that you see brilliance emerge.
Student:
Wow, interesting.
Jonathan Capehart:
Debaters have to be ready to argue either side of a topic. High school senior Sitara Mazumdar approaches it this way.
Sitara Mazumdar, Student Debater:
I think I have a coupled approach of both one of strategy and one of empathy. Even if you do not want to debate or argue a certain side, you will encounter people in real life who hold those beliefs. So it's important to kind of get in their own minds and think about how they would approach an issue and see it from their side.
And I think the second is, in terms of empathy, being able to not just understand what someone is saying, even if you disagree, but also why they say it and what experiences they might have had in their life that have led them to believe that.
Jonathan Capehart:
Along the way, students learn how to make arguments about issues that affect their own lives.
Sitara Mazumdar:
I implore you to vote affirmative. Just to reiterate, all the autistic adults are not receiving the employment services that they need, 1.9 million autistic adults.
I think really the biggest takeaway is that debate can be anything you want it to be. It is not just your standard stock image of two people yelling at each other. It's not just like an argument at the dinner table that you might have. It can really -- you can take it and use it as a platform to talk about issues that you most care about.
Amna Nawaz:
How about you, Noah?
Noah Millhouse:
I feel the same. I actually started the debate team at my middle school, at Kettering Middle School, and so I sought it to be as an experience because of what I had felt. And the experience is being able to foster a community, being able to bring others in so they can begin to understand not only what's going on in the world, because we want to care about what's going on around, but how that affects us at home.
Jonathan Capehart:
Most of all, Ornstein says he hopes that, in this politically polarized time, "Immutable" can show that civil disagreement is still possible.
Norm Ornstein:
We're at the 250th anniversary of the founding of this nation.
And spreading at a time of deep division the whole idea that you can have civil discourse, that you can argue strenuously about things, but not end up in a pitched battle,if people can come away understanding that that's possible in the society and not just while these kids are doing debates, but, more broadly, we hope that that will resonate.
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Mar 10th, 2026
Markets Showing Immutable Laws in Action on Iran, Says BlackRock’s Wei Li
“Uncertainty does not automatically mean risk off,” says Wei Li, chief global investment strategist at BlackRock, as she examines market reaction to the Iran War.
PANews reported on April 12 that, according to Cointelegraph, U.S. Senator Cynthia Loomis has called for the swift passage of the CLARITY Act to clarify the regulatory framework for the cryptocurrency industry, stating that this is the last chance to pass the bill before 2030, otherwise the U.S. may have to wait nearly four more years to promote the development of the crypto industry.
Former White House AI and cryptocurrency czar David Sachs, SEC Chairman Paul Atkins, and others have voiced their support for the bill, while industry institutions and individuals such as A16z Crypto, Coinbase, and Immutable have also expressed their anticipation. Coinbase's Chief Legal Officer revealed that the bill may soon enter the Senate Banking Committee for review, but disagreements over stablecoin yields remain a key factor in its progress. It is understood that the bill has already passed the House of Representatives and is currently awaiting Senate review; industry concerns exist that the November midterm elections may slow the legislative process.
With a slew of large-scale exploits and social engineering attacks ravaging DeFi sentiment, ecosystem leaders are calling for a return to the core tenets of decentralization.
Deploying an immutable binary of percolator, his experimental perps trading passion project, Solana Labs co-founder Anatoly Yakovenko has issued a challenge to the DeFi community.
Is it high time the DeFi applications relinquished administrative control and returned to open source, immutable software?
Hack Percolator, Get a Job Toly’s ‘Percolator’ has once again captured the attention of Solana DeFi participants. After debuting the source code back in February, Yakovenko’s perps experiment is once again in the spotlight, this time as supposed proof of the resiliency of immutable contracts.
With formal verification offering unprecedented levels of smart contract security, Yakovenko is adamant that he’s “actually more bullish on being able to remove admin keys than any other time in my professional software development career.”
After depositing 5 $SOL into Percolator’s insurance fund and burning the admin keys, Yakovenko has openly invited would-be hackers to exploit and manipulate the program’s risk engine.
Toly has promised to vouch for any successful challengers, helping them to find roles within the ecosystem and potential access to angel investments.
While much of the onchain community has jumped on the opportunity to shill various percolator-adjacent memecoins, several DeFi users are making an honest effort.
Yakovenko has since highlighted some valiant attempts to outsmart the program, though percolator’s insurance fund remains untouched at this stage.
Return to Immutable DeFi Yakovenko’s call for open-source, immutable software comes amidst a profoundly difficult period for DeFi. Smart contract security has come a long way in recent years and protocol code is arguably stronger than ever, yet the onchain economy is facing a worrying increase in the number of hacks and exploits due to social engineering attacks and key compromization.
Speaking with SolanaFloor at Breakpoint 2025, Certora Chief Scientist Mooly Sagiv argues that the biggest threat to DeFi is not code, but human error. In 2026, malicious attackers have been far more successful in targeting key individuals at crypto companies to gain administrative access to protocols and funds, as evidenced by the recent exploits of Drift Protocol and KelpDAO.
Immutable contracts and burnt admin keys are one defense against this highly sophisticated attack vector. Once a fundamental principle of decentralization, immutability has become something of an afterthought, with teams opting to maintain administrative control over their applications.
However, recent events show that the crypto community is divided on the nuances of the decentralization debate. In the wake of the KelpDAO exploit, the Arbitrum Security Council opted to freeze 30,766 $ETH held by the exploiter, drawing both criticism and praise from all corners of the industry.
Similar conversations were had during the April 1st Drift Protocol hack, which saw Circle decide against intercepting $230M worth of stolen funds that passed through its Cross Chain Transfer Protocol. CEO Jeremy Allaire defended the firm’s decision, citing that the incident posed a ‘moral quandary’.
$620M Lost to Defi Hacks in April 2026 As it stands, April 2026 is on track to finish as the 6th-worst month for DeFi exploits in crypto history, with over $620M lost to malicious actors based on DefiLlama data.
Beyond DeFi alone, crypto users are being encouraged to take greater care than ever. Developers in search of new roles are rapidly becoming a popular target for attackers, who are attempting to share malicious code when posing as recruiters.
Crypto users of all levels are encouraged to revise their security practices and wallet hygiene on a regular basis, or the industry risks running aground as builders abandon blockchain technology for safer alternatives.
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Immutable [IMX] recorded its largest exchange outflows of 2026 after more than 4.67 million IMX exited exchange wallets in a single day. The sharp reduction in exchange-held supply reflected growing accumulation behavior as traders shifted tokens toward long-term holding strategies instead of immediate sell-side activity.
Santiment’s data also linked the outflow spike to renewed optimism surrounding Web3 gaming and Immutable X’s broader ecosystem expansion throughout 2026. The network has continued strengthening its gaming infrastructure through zkEVM development, AI-focused gaming tools, and partnerships with multiple gaming studios.
As a result, the latest withdrawal wave suggested traders have started positioning for a broader recovery phase across gaming-related crypto assets rather than preparing for another aggressive distribution cycle.
Bullish traders still dominate IMX positioning Binance top trader positioning continued favoring bullish exposure despite IMX struggling below higher resistance zones throughout May.
At press time, 60.12% of top trader accounts remained long, while only 39.88% positioned short, leaving the Long/Short Ratio near 1.51. The positioning structure reflected persistent confidence among leveraged traders even after IMX failed to reclaim its neckline resistance.
Earlier in May, bullish exposure had climbed even higher before cooling during the recent consolidation phase. However, traders have continued maintaining a net-long bias instead of aggressively rotating toward bearish positioning.
The derivatives structure has therefore reflected cautious optimism rather than panic selling. If buying pressure strengthens near current support zones, the elevated long exposure could continue supporting another attempt toward the upper resistance structure.
Source: CoinGlass Can IMX reclaim the neckline breakout? IMX continued consolidating above the critical $0.163 support while the inverse head and shoulders structure remained active on the daily timeframe. Price action previously formed the left shoulder near March, while April’s decline established the head structure around the $0.133 low.
Recent recovery attempts later shaped the right shoulder before price pushed toward the neckline resistance near $0.202. However, buyers failed to sustain strength above that region, causing another rejection toward the mid-range consolidation zone.
At the time of writing, RSI cooled sharply and hovered near 45.44 after previously approaching overheated conditions earlier in May. The indicator’s decline reflected weakening buying strength rather than aggressive bearish control.
If IMX defended the $0.163 support successfully, buyers could attempt another push toward the neckline resistance. A breakout above $0.202 would likely strengthen recovery expectations toward higher resistance zones.
Source: TradingView Funding structure still favors long traders IMX’s OI-Weighted Funding Rate remained positive despite several short-term fluctuations throughout May. The latest reading hovered near 0.0019% as of writing, showing long traders still paid premiums to maintain bullish positions across derivatives markets.
Although funding periodically slipped into negative territory earlier in the month, bullish positioning quickly returned afterward as traders continued defending recovery expectations.
Positive Funding Rates have usually reflected stronger long participation instead of aggressive short dominance. In addition, derivatives sentiment has stayed relatively stable despite IMX trading below neckline resistance.
Source: CoinGlass IMX has continued attracting bullish positioning despite struggling below the critical $0.202 neckline resistance.
Massive exchange outflows, positive funding rates, and dominant long exposure have reflected growing confidence across the market. Meanwhile, the inverse head and shoulders structure has remained intact above the $0.163 support zone.
If buyers successfully reclaimed the neckline resistance, IMX could strengthen its broader recovery structure and attract renewed speculative demand across gaming-related crypto assets.
Final Summary IMX outflows suggested traders shifted toward accumulation instead of immediate exchange-based selling pressure. Bullish derivatives positioning remained dominant while IMX defended the critical $0.163 support zone.
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Crypto trading sensation Ansem, known on X (formerly Twitter) as @blknoiz06, has directed the market’s gaze towards the Bitcoin Runes ecosystem, labeling it as the nascent grounds for the next 100x crypto opportunity, as NewsBTC reported yesterday. Ansem, whose prowess is well-documented through his previous astronomical gains of 170x on Solana (SOL), 520x on dogwifhat (WIF), and 80x on Bonk (BONK), stirred the crypto community with his recent Dogecoin comparison.
On the cusp of Bitcoin’s highly anticipated halving today, Ansem doubled down on his initial assessment, particularly highlighting two tokens within the Bitcoin Runes ecosystem: Bitcoin Wizards (WZRD) and PUPS. He equates WZRD with Dogecoin, suggesting it has the potential to mirror Dogecoin’s viral success. In contrast, he compares PUPS to the lesser-known but highly profitable dogwifhat (WIF).
Related Reading: Elon Musk Latest Tweet: How Much Did Dogecoin Gain From It Today?
Dogecoin needs to overcome the 0.236 Fib, 1-week chart | Source: DOGEUSD on TradingView.com In a tweet that caught the eye of both investors and enthusiasts, Ansem elaborated on his reasoning behind the picks, stating:
Great thread, been saying, I believe Runes are next asymmetric 100x opp in crypto. The meme that got DOGE founder interested in Bitcoin & the phrase magic internet money is still used today – representative of bitcoin culture. DOGE equivalent = WZRD, WIF equivalent = PUPS.
Ansem references a thread on X by Immutable Edge (@ImmutableSOL), who delved into the historical and cultural significance of the “Magic Internet Money” meme, originally sparked by mavensbot’s viral Reddit ad.
The “Magic Internet Money” meme dates back to February 18, 2013, when mavensbot, a digital artist, submitted a hand-drawn depiction of a blue wizard to promote Bitcoin on Reddit. This ad, created during Bitcoin’s early adoption phase, was crucial in cultivating a cultural ethos around Bitcoin.
It resonated deeply within the community, encapsulating the whimsical yet revolutionary nature of Bitcoin’s rise. The ad’s simplicity and authenticity resonated with the Reddit community, propelling Bitcoin from a niche internet experiment to a major financial phenomenon. Within weeks of the ad’s debut, Bitcoin’s value surged from $27 to a record high of $1,132 by November 2013.
Bitcoin Wizards, one of the highlighted tokens, aims to rekindle this original spirit. The token leverages the iconic imagery and cultural narrative of the “Magic Internet Money” meme to foster a new wave of interest and adoption. The creators of WZRD are not only paying homage to Bitcoin’s roots but are also embedding this storied meme within the mechanics of a modern cryptocurrency, aiming to capture both nostalgia and innovation.
The Bitcoin Wizards project is part of the broader Bitcoin Runes ecosystem, which reached a lot of hype prior to its launch. According to Ansem, WZRD’s history and deep roots in memes give it the perfect ingredients to become the next Dogecoin, just on Bitcoin Runes.
Moreover, the analyst assessment comes at a critical time for the crypto market, which is often influenced by the narratives that capture the community’s imagination. As the Bitcoin halving event unfolds, many eyes will be on the Bitcoin Runes ecosystem to see if it can indeed replicate the meteoric rises seen in BRC-20 tokens and Ordinals.
At press time, WZRD traded at $12.15, up 70% in the last 24 hours.
WZRD/USD price | Source: Coingecko Featured image created with DALL·E, chart from TradingView.com
A thrilling rumor is sweeping through Web3: Pokémon might land on SUI! As a result, the SUI token has soared by 60%, sparking fresh hope. Decentralized gaming, once slowed by tricky interfaces, is roaring back to life. With optimized blockchains and stunning AAA games leading the charge, the future looks bright. Join the revolution now. The adventure is just kicking off!
Why Is Web3 Gaming Making a Comeback? Web3 gaming is staging a powerful comeback, driven by key advancements. First, UX/UI has matured significantly. Simplified wallets, such as Immutable X’s, and intuitive platforms make entry seamless. Cryptic interfaces are history, so Web2 gamers can now jump in with ease and explore without barriers.
Next, L2/EVM blockchains are seeing wider adoption. For instance, Immutable X cuts out gas fees entirely, while Beam delivers instant transactions. These scalable solutions draw in both studios and players. According to DappRadar, L2 gaming activity surged by 45% in 2023, proving Web3’s growing accessibility for all.
Finally, AAA titles in beta are stealing the spotlight. Illuvium, with its NFT-based creatures, competes with top Web2 games. Meanwhile, some platforms are developing titles like Ashes of Mankind, promising jaw-dropping quality. These visually stunning games attract gamers and investors alike. Decentralized gaming isn’t just a vision anymore, it’s a reality, and its unstoppable momentum is lighting the way forward!
The 5 Projects Redefining Web3 Gaming Ultra Ultra is not just another blockchain gaming project, it’s designed to redefine the gaming landscape entirely. Much like Netflix transformed streaming and Spotify revolutionized music, Ultra is creating the ultimate operating system for gaming. This all-in-one ecosystem integrates a launcher, store, marketplace, and competitive tournament infrastructure, enabling everything in one place.
Its carbon-neutral Ultra EVM blockchain powers lightning-fast, scalable, and gas-free transactions. Designed with accessibility in mind, Ultra delivers a seamless experience that feels familiar to Web2 gamers, while offering the true ownership and innovation that define Web3, uniting both worlds into one cohesive platform.
At the heart of the ecosystem is $UOS, Ultra’s utility token. It fuels in-game purchases, rewards, staking mechanisms, and facilitates player-driven economies through NFTs and tradable assets. Within Ultra’s Ashes of Mankind universe, players can enjoy two parallel experiences: Empires, tailored for Web3-native users, and Citadels, a AAA-quality experience built for the mainstream gaming crowd.
Ultra’s tools and open APIs empower developers and publishers, while community incentives attract creators and streamers. With $12 million in funding and ambitions to onboard millions of gamers, Ultra is shaping a new standard in digital ownership. The journey begins now. Discover more on X (@Ultra_io) or dive into the platform (https://ultra.io/).
Immutable X (IMX) Immutable X, a Layer 2 solution on Ethereum, is reshaping Web3 gaming. It offers zero gas fees, perfect for NFTs and TCGs like Gods Unchained, which attracts thousands with seamless play. Its powerful SDK lets studios build games effortlessly.
In 2024, IMX hit a $2.7 billion market cap, thanks to its EVM compatibility and carbon efficiency. Partnerships, such as with GameStop, bolster its ecosystem. Immutable X is leading the charge for decentralized gaming, and the horizon shines brightly.
Beam Beam, a gaming-first Layer 1 blockchain, prioritizes speed and efficiency. It delivers instant transactions and built-in NFTs, winning over players and studios alike. Created by Merit Circle, Beam provides the Beam DevKit, which simplifies game development.
In 2023, its $BEAM token soared, fueled by a growing community. With smooth microtransactions and a polished UX, Beam appeals to Web2 gamers. It blends gameplay with a tokenized economy, setting new standards. Explore Beam’s world, it’s calling you to join the fun.
Illuvium Illuvium, a AAA RPG on Immutable X, combines creature collection with thrilling PvE/PvP battles. Its Illuvials—unique NFT creatures—captivate players. Launched on Epic Games Store in 2024, it raised $60 million. The $ILV economy, featuring staking, draws investors.
AI-powered NPCs, enabled by Virtuals Protocol, boost immersion. Still in beta, Illuvium already rivals Pokémon with its polished gameplay and stunning visuals. It’s a shining beacon for Web3 gaming, leading the way forward.
SuperVerse SuperVerse brings Web3 gaming together through its $SUPER token. Previously SuperFarm, it rebranded in 2024 and now links games across chains like Polygon. Its NFT marketplace, GigaMart, and social game Impostors engage 750,000 members.
A staking DAO rewards the community, while projects like Sidus Heroes thrive on its platform. SuperVerse enhances interoperability and liquidity with a shared economy. It makes Web3 gaming both accessible and enjoyable. Step into SuperVerse—the universe awaits you.
Competitive Advantages of Web3 Gaming Web3 gaming stands out with unique features that transform the experience for everyone:
Cross-chain Compatibility and L2/EVM Integration Web3 blockchains, such as Immutable X and Beam, leverage bridges like LayerZero for seamless interoperability. L2/EVM solutions cut costs and boost transaction speeds significantly. For example, some platforms provide gasless interactions, while SUI employs Move for smoother operations. This connectivity links ecosystems, allowing players to move freely across games and chains. Web3 gaming opens up a boundless playground for everyone to explore.
Tokenized Economy Microtransactions, staking, and secondary markets energize Web3. Tokens like $ILV (Illuvium) and $SUPER (SuperVerse) reward players. NFTs, tradable on GigaMart or IlluviDEX, create vibrant economies. In 2023, play-to-earn revenue reached $1.5 billion, according to DappRadar. Players earn while playing, and creators monetize. This economy is redefining gaming—and it’s growing fast.
Unified Experience Web3 serves gamers, developers, and publishers. Ultra offers a launcher and tournaments, while SuperVerse includes staking and marketplaces. SDKs like Immutable X’s simplify development. Streamers benefit from ambassador programs like Ultra Creator. This synergy builds a tight-knit community. Web3 gaming isn’t just a pastime—it’s a thriving ecosystem where everyone shines.
Who Should Try It—and How? Web3 gaming is open to all, with easy onboarding. For Web2 players, try dedicated clients. Some platforms offer a seamless experience with games and marketplaces. IlluviDEX lets you collect NFTs for Illuvium. Beam Wallet provides a user-friendly interface. Get test tokens from official faucets to start playing at no cost.
For creators and streamers, opportunities abound. Esports tournaments are perfect for streamers seeking visibility. SuperVerse offers tradable NFTs on GigaMart, ideal for creators. Ambassador programs reward engagement. These ecosystems value creativity and community interaction.
For developers, open-source tools fuel innovation. The Immutable X SDK (immutable.com) speeds up NFT game development. Docs for Beam DevKit (beam.network) provide accessible APIs. These well-documented resources make Web3 development easier than ever.
Simple steps: Create a wallet (SUI Wallet, MetaMask). Get tokens via exchanges like Binance or official faucets. Log into the client (like IlluviDEX). Dive in! Web3 gaming is just a click away—and the future is being written now. Decentralized gaming is rising again—but practical info is key. Explore top platforms to experience this revolution. Join Ultra’s Discord community, test betas, follow updates on X. Web3 is rewriting the rules of gaming—and you’re invited to help write the story. Jump into the arena, the adventure begins now!
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Silver (XAG) is outperforming Bitcoin in terms of retail interest, breaking multi-decade records and prompting investors to explore a new frontier: tokenized silver.
With precious-metal liquidity rising, analysts say digital silver may be the next major on-chain asset class.
Silver’s 46-Year High Changes Market PsychologySilver closed the month at $58, its highest monthly close in 46 years, with retail interest in silver surpassing Bitcoin in global Google Trends.
“Silver just hit $58 and gave its highest monthly close after 46 years. We can see a massive amount of liquidity in US stocks, gold, and now silver. Sooner or later, this will likely flow into riskier assets, such as Bitcoin and cryptocurrencies. The bull market is not over, it’s delayed,” commented analyst Ash Crypto.
Gold, silver, and Bitcoin interest over time. Source: Google TrendsThe surge reflects a broad shift in capital toward hard assets as global inflation, industrial demand, and supply constraints intensify. At the same time, the Silver-to-Bitcoin Ratio has broken a decade-long downtrend.
This signals a notable shift in how retail and institutional investors evaluate store-of-value assets, setting the stage for the rise of tokenized silver.
The Tokenized Silver Market: Early, Small, and GrowingDespite XAG price’s momentum, the tokenized silver sector remains underdeveloped. Only a handful of projects, Kinesis Silver (KAG) and Gram Silver (GRAMS) appear on CoinGecko.
Tokenized Silver. Source: CoinGeckoYet fundamentals are strengthening. According to Commodity Block research, tokenized silver is “quickly redefining how investors access and interact with the precious metals market, offering:
Fractional ownership of silver 24/7 global trading Immutable provenance and traceability Use as collateral in DeFi The report highlights that the tokenized silver market has reached an estimated capitalization of $200 million, while gold-backed tokens dominate at $2.57 billion.
Silver’s accelerating demand suggests a widening appetite for digital commodities, especially as the iShares Silver Trust (SLV) trades at $52.52, reflecting rising global interest. It is up by almost 3% in pre-market trading.
iShares Silver Trust Pre-Market Trading. Source: Google Finance “Tokenized commodities are shattering traditional ownership models by making physical assets accessible to anyone with an internet connection,” read an excerpt in the report.
Why Investors Care NowThe appeal of tokenized silver aligns with a broader trend: the migration of real-world assets (RWAs) onto blockchain.
Silver’s dual role as both an industrial metal (used in electronics, solar, and medical devices) and an investment hedge makes it uniquely positioned for digital adoption.
Key drivers include:
Growing demand for fractional investing DeFi protocols increasingly accepting silver-backed collateral Rising scrutiny over ethical sourcing, which blockchain transparency supports Global interest in alternative stores of value during economic uncertainty Regulatory clarity remains essential. Jurisdictions such as the UAE, Singapore, and parts of the EU are developing frameworks for digital commodities, while global inconsistencies continue to limit cross-border scalability.
On the other side of the fence, the tokenized gold market now exceeds $3 billion, led by Pax Gold (PAXG), Tether Gold (XAUT), and new institutional products like MKS PAMP’s DGLD.
Silver may follow a similar path if infrastructure, custody standards, and exchange listings continue improving.
With silver prices surging, ratios breaking out, and retail interest climbing, tokenized silver may be poised to become crypto’s next major RWA category.
As liquidity rotates across metals and into digital assets, the question for 2025 is no longer if tokenized silver will grow, but how fast.
Ethereum gaming platform Immutable announced Tuesday that it has partnered with Marblex, the blockchain gaming arm of South Korean gaming giant Netmarble, with the parties collaborating to migrate the Marblex ecosystem and its top games to Immutable zkEVM.
Ni no Kuni: Cross Worlds, A3: Still Alive, and Meta World: My City will migrate from layer-1 Klaytn blockchain to Ethereum layer-2 network Immutable zkEVM, which is powered by Polygon’s zkEVM scaling tech.
"This is one of the most significant partnerships we've made to date,” said Immutable co-founder and President Robbie Ferguson, in a release. “South Korea is an exciting hub of developer activity in Web3 gaming, and Marblex and Netmarble are pioneers here."
The alliance will also include an "Ecosystem Boost Program," offering up to $20 million in support for developers to attract new titles to Marblex and Immutable.
"To maximize the reach of these experiences and ensure scalability for both existing and upcoming titles, partnering with a proven leader in Web3 gaming was crucial,” said Marblex CEO Hong Jin Pyo, in a release. “That's why Immutable and their industry-leading zkEVM chain was the right choice."
Back in January, Marblex said that it would work with layer-1 blockchain network Saga to support its future games, with Saga also aiding with user acquisition. But Saga’s network is designed to launch dedicated chains, and can be used to support games and apps launched on other blockchain networks.
It’s not immediately clear whether the Immutable migration will impact those plans with Saga. Decrypt’s GG asked an Immutable representative for clarification, but did not receive an immediate response.
Editor’s note: This article was written with the assistance of AI. Edited and fact-checked by Andrew Hayward.
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Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid market pressure and prevent a drop in token prices.
However, factors like lack of liquidity or early investor profit-taking can significantly impact an asset’s dynamics. Although next week lacks major unlocks, these three upcoming events are still worth noting.
Immutable (IMX) Unlock date: August 9 Number of tokens unlocked: 32.47 million IMX Current circulating supply: 1.54 billion IMX Immutable is a Layer-2 solution for scaling NFTs on the Ethereum blockchain. In September 2021, the project raised $12.5 million during the IMX token sale on the CoinList platform in just one hour. In March 2022, it closed a $60 million investment round and secured an additional $200 million from investors, including ParaFi Capital, Declaration Partners, and Tencent Holdings.
On August 9, the circulating supply of IMX will increase by 32.47 million tokens. These newly unlocked tokens will be allocated to the development of the project and the broader Immutable ecosystem. The crypto community is discussing the IMX’s unimpressive performance, attributing it largely to the frequent unlocks.
“Look at the historical data. $IMX last bull market had a higher price but lower MC. Now it has a higher MC but the price is way less. This is due to supply unlocks,” one X user wrote.
Read more: Layer-2 Crypto Projects for 2024: The Top Picks
IMX Unlock. Source: token.unlocksXai (XAI) Unlock date: August 9 Number of tokens unlocked: 35.88 million XAI Current circulating supply: 519.82 million XAI Xai is the world’s first Layer 3 solution designed specifically for AAA gaming. Utilizing Arbitrum technology, Xai prioritizes simplicity and ease of use by removing the complexities of wallet management. This approach makes blockchain integration a seamless part of the gaming ecosystem.
On August 9, the project will unlock 35.88 million XAI tokens, distributing them among the team, investors, reserve, and ecosystem.
Read more: The 6 Best Cryptocurrency Powered Games in 2024
XAI Unlock. Source: token.unlocksEthena (ENA) Unlock date: August 11 Number of tokens unlocked: 14.89 million ENA Current circulating supply: 1.80 billion ENA Ethena is a synthetic currency protocol built on Ethereum. It provides a native cryptocurrency solution independent of traditional banking, and also offers global users a dollar-denominated savings instrument called the ‘Internet Bond.’
The ENA token enables holders to vote on governance proposals. On August 11, the project will unlock almost 15 million ENA dedicated to ecosystem development.
Read more: What Is Ethena Protocol and its USDe Synthetic Dollar?
ENA Unlock. Source: token.unlocksOther next-week cliff unlocks include dYdX (DYDX), Hashflow (HFT), and Moonbeam (GLMR), with a total value exceeding $60 million. Although many consider token unlocks bearish, a well-planned schedule can strengthen a project’s long-term viability. Aligned with milestones and development progress, unlocks will motivate team members, boost community engagement, and promote ecosystem growth.
Cryptocurrency markets are currently experiencing a stagnant phase, with most altcoins not showing significant movement. The market did not react much to the July personal consumption expenditures (PCE) data released yesterday. Specifically, the July inflation data showed that the price increase continued to slow in line with the Federal Reserve’s 2% target. This situation creates a possibility for interest rate cuts in September.
Despite the potential for interest rate cuts, risky assets like cryptocurrencies remain stagnant. Bitcoin (BTC) continues to consolidate below the $60,000 resistance level. While the current situation may present an investment opportunity, there are cryptocurrencies that investors should avoid trading next week due to the potential for increased volatility. The first of these is Immutable.
The cryptocurrency Immutable (IMX) has shown resistance recently, increasing by about 8% over the past month despite overall market fluctuations. However, with an upcoming token unlock on September 6, 2024, 32.47 million IMX will be released into the market. These tokens represent 2.06% of the cryptocurrency’s market value, equivalent to approximately $47.23 million. While technical indicators mostly show bullish signals for IMX, the increased supply from the unlock could change market sentiment and trigger new volatility.
Be Cautious with HFT and SUIAltcoin Hashflow (HFT) faces a similar situation. A token unlock is scheduled for September 7, 2024. 15.83 million HFT tokens will be released into the market. This release, representing 4.33% of the current market value, is worth approximately $2.27 million. Historically, tokens with significant unlocks like HFT usually experience increased selling pressure. At the time of writing, Hashflow was trading at $0.14 and had dropped more than 23% over the past month.
The cryptocurrency Sui (SUI) will face a token unlock on September 3, 2024. With the unlock, 83.88 million SUI will be released into the market. This release, representing 3.23% of the current market value, will be worth approximately $67.97 million. At the time of writing, SUI was trading at $0.81.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
The cryptocurrency market is currently experiencing a stagnant phase, with most altcoins not moving in a clear direction. The market showed little reaction to the July personal consumption expenditures (PCE) data released yesterday. Particularly, the July inflation data indicated that the price increase continued to slow down in line with the Federal Reserve’s 2% target. This situation raises the possibility of interest rate cuts in September.
Despite the potential for interest rate cuts, risky assets like cryptocurrencies remain stagnant. Bitcoin (BTC) continues to consolidate below the $60,000 resistance level. While the current situation may offer an investment opportunity, there are cryptocurrencies that investors should avoid trading due to the potential for increased volatility in the coming week. The first of these is Immutable.
The cryptocurrency Immutable (IMX) has shown resistance recently and increased by about 8% last month despite overall market fluctuations. However, with an upcoming token unlock on September 6, 2024, 32.47 million IMX will be released into the market. These tokens represent 2.06% of the cryptocurrency’s market value and are worth approximately $47.23 million. Although technical indicators mostly signal bullish for IMX, the increased supply due to the unlock could change sentiment and trigger new volatility.
Be Cautious with HFT and SUIAltcoin Hashflow (HFT) is facing a similar situation. A token unlock is scheduled for September 7, 2024. 15.83 million HFT tokens will be released into the market. This release, representing 4.33% of the current market value, is worth approximately $2.27 million. Historically, tokens with significant unlocks like HFT often experience increased selling pressure. At the time of writing, Hashflow was trading at $0.14 and had dropped more than 23% in the last month.
The cryptocurrency Sui (SUI) is facing a token unlock on September 3, 2024. With the unlock, 83.88 million SUI will be released into the market. This release, representing 3.23% of the current market value, will be worth approximately $67.97 million. At the time of writing, SUI was trading at $0.81.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Cryptocurrency markets are currently experiencing a stagnant phase, with most altcoins showing no significant movement. The market did not react much to the July personal consumption expenditures (PCE) data released yesterday. Especially, the July inflation data showed that the price increase continued to slow down in line with the Federal Reserve’s 2% target. This situation suggests a possibility of interest rate cuts in September.
Despite the potential for interest rate cuts, risky assets like cryptocurrencies remain stagnant. Bitcoin (BTC) continues to consolidate below the $60,000 resistance level. While the current situation might present an investment opportunity, there are cryptocurrencies that investors should avoid trading due to the potential for increased volatility next week. The first of these is Immutable.
The cryptocurrency Immutable (IMX) has shown resistance recently, increasing by about 8% over the past month despite overall market fluctuations. However, an upcoming token unlock on September 6, 2024, will release 32.47 million IMX into the market. These tokens represent 2.06% of the cryptocurrency’s market value, approximately worth $47.23 million. Although technical indicators mostly show bullish signals for IMX, the increased supply due to the unlock could change sentiment and trigger new volatility.
Beware of HFT and SUIAltcoin Hashflow (HFT) faces a similar situation. A token unlock will occur on September 7, 2024. The market will see the release of 15.83 million HFT tokens. This release, representing 4.33% of the current market value, is worth approximately $2.27 million. Historically, tokens with significant unlocks like HFT typically experience increased selling pressure. At the time of writing, Hashflow was trading at $0.14 and had dropped more than 23% in the past month.
The cryptocurrency Sui (SUI) faces a token unlock on September 3, 2024. The unlock will release 83.88 million SUI into the market. This release, representing 3.23% of the current market value, will be worth approximately $67.97 million. At the time of writing, SUI was trading at $0.81.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid market pressure and prevent a drop in token prices.
However, factors like lack of liquidity or early investor profit-taking can significantly impact an asset’s dynamics. Here are three major unlocks to watch next week.
Taiko (TAIKO) Unlock date: September 5 Number of tokens unlocked: 12 million TAIKO Current circulating supply: 63.09 million TAIKO Taiko is a decentralized Layer-2 scaling solution for Ethereum, leveraging ZK-Rollup technology. The protocol operates in a permissionless manner, allowing community members to participate in network operations
On September 5, Taiko will unlock a substantial portion of its TAIKO tokens, representing 19% of the current circulating supply. The project will distribute the newly released tokens to participants in the Trailblazer program.
Read more: Layer-2 Crypto Projects for 2024: The Top Picks
TAIKO Unlock. Source: token.unlocksImmutable (IMX) Unlock date: September 6 Number of tokens unlocked: 32.47 million IMX Current circulating supply: 1.57 billion IMX Immutable is a Layer-2 solution for scaling NFTs on the Ethereum blockchain. In September 2021, the project raised $12.5 million during the IMX token sale on the CoinList platform in just one hour. In March 2022, it closed a $60 million investment round and secured an additional $200 million from investors, including ParaFi Capital, Declaration Partners, and Tencent Holdings.
On September 6, the circulating supply of IMX will increase by 32.47 million tokens. These newly unlocked coins will be allocated to the development of the project and the broader Immutable ecosystem.
Read more: What Is Immutable?
IMX Unlock. Source: token.unlocksMode (MODE) Unlock date: September 6 Number of tokens unlocked: 500 million MODE Current circulating supply: 1.3 billion MODE Mode Network is a modular Layer-2 network focused on DeFi, built on Optimism’s Bedrock upgrade. The network features a unique contract revenue-sharing incentive at the protocol level, where both DApps and users that contribute to the Mode blockchain receive a portion of the network sequencer’s profits.
This current unlocking event involves 500 million tokens, nearly 40% of the circulating supply. Despite this, no additional unlocks are scheduled for more than six months. However, the community remains skeptical about this tokenomics design.
“For the coming week, there are 4 unlocks at more than 2% but we will especially have to watch $TAIKO which will unlock 19% of its supply on September 5 and $MODE on September 6 which will unlock 38.46% of its supply. Super tokenomics,” one X user commented.
Read more: Optimism vs. Arbitrum: Ethereum Layer-2 Rollups Compared
MODE Unlock. Source: token.unlocksOther next-week cliff unlocks include dYdX (DYDX), Liquity (LQTY), Hashflow (HFT), and Ethena (ENA), with a total value exceeding $77 million. Although many consider unlocks bearish, a well-planned schedule can strengthen a project’s long-term viability. Aligned with milestones and development progress, unlocks will motivate team members, boost community engagement, and promote ecosystem growth.
Immutable Games, the publisher of Ethereum NFT card game Gods Unchained, announced Monday that it will release an expansion pack called Dread Awakening, which will feature a crossover with the upcoming mobile role-playing game Guild of Guardians.
The Dread Awakening set, slated to drop on April 23, will include 148 cards minted on Immutable X, an Ethereum scaling network originally created by the publisher. Guild of Guardians, also from Immutable Games, is set to hold its global launch on May 15.
"This was a really fun expansion for us to work on because we've been able to lean into the creativity and lore of Guild of Guardians, while working really closely and collaboratively with a team that is quite literally sitting right next to me," said Gods Unchained Executive Producer Daniel Paez, in a release.
The expansion's "cosmic horror" theme “introduces new mechanics and cards that will reshape the meta and hint to a bigger world than ever imagined," the announcement added.
"What makes this even more exciting for me is the anticipation of things to come from this collaboration,” added Paez. “IP crossovers are just the tip of the potential we can unleash with web3 gaming—true game interoperability is right around the corner.”
Paez previously spoke with Decrypt’s GG about the potential for interoperability in blockchain games. Gods Unchained previously launched on Ethereum years back, but now uses Immutable X for cheaper and faster transactions. The game recently expanded to iOS and Android, with Immutable claiming a 60% jump in monthly active users.
Editor’s note: This article was written with the assistance of AI. Edited and fact-checked by Andrew Hayward.
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Immutable Games, a global leader in web3 game development and publishing, has announced the release of ‘Dread Awakening’, the next major expansion pack for their leading web3 trading card game, Gods Unchained (GU). The expansion, set to drop on April 23, will feature the first-ever crossover between Gods Unchained and the highly anticipated web3 game, Guild of Guardians, which boasts more than 1 million pre-registered players.
TLDR Gods Unchained (GU) announces the release of ‘Dread Awakening’ expansion pack, featuring the first-ever crossover with Guild of Guardians The 148-card set, dropping on April 23, introduces a Cosmic Horror theme and new mechanics that will reshape the meta The expansion follows the unleashing of the Dread from Guild of Guardians into the world of Eucos in GU Players can unpack packs, build decks, and battle on the go, following the successful mobile release of Gods Unchained in February GU has seen a 60 percent increase in monthly active users since its availability on iOS and Android devices The ‘Dread Awakening’ expansion pack follows the unleashing of the Dread, a malevolent force from the Guild of Guardians universe, as it spills over into the world of Eucos in Gods Unchained. The 148-card set introduces a Cosmic Horror theme, echoing the ominous developments in the universe, and debuts new mechanics and cards that promise to reshape the game’s meta and hint at a larger, interconnected world.
Gods Unchained Executive Producer, Daniel Paez, expressed his excitement about the expansion and the collaboration with the Guild of Guardians team. He emphasized that the IP crossover is just the beginning of the potential that web3 gaming can unleash, with true game interoperability on the horizon.
In addition to the new expansion, players can now enjoy Gods Unchained on the go, following the game’s successful mobile release in February. Since its availability on iOS and Android devices, GU has seen a 60 percent increase in monthly active users. Paez highlighted the growing demand for Gods Unchained and the company’s commitment to innovation, whether it be through launching on new platforms, devices, or introducing new game mechanics.
The ‘Dread Awakening’ expansion pack will be available for purchase on April 23 at 11:00 AM, Sydney local time. Gods Unchained can be played on desktop (PC or Mac) by downloading from the Epic Games Store, while the mobile companion app is available on Google Play and Apple’s App Store.
Oliver Dale
Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact [email protected]
Gods Unchained, the Ethereum NFT trading card game built on scaling network Immutable X, is set to release its latest expansion "Tower of Dread" on October 10, Immutable Games announced Tuesday.
The expansion features 40 new cards, including seven legendary cards with corresponding one-of-a-kind "Mythic" variants. It continues the game's narrative as players face off against the character Thaeriel in what the company describes as "the largest battle to date."
A key addition is a new gameplay mechanic allowing players to "destroy" their cards to earn points toward discounts on expansion packs. The release also includes two new game boards and trinkets themed around gothic horror.
A screenshot from Gods Unchained's Tower of Dread expansion. Image: Immutable Games"Tower of Dread marks another step in our continued march to make Gods Unchained into the game we all know it can be," said game designer Bryn Welch, in a statement.
🌿 Character Reveal: Narcilla, The Huntress 🏹
In the shadow of the Tower of Dread 🏰, Narcilla rules the Dreadwood, leading the Pursuers who guard the forest 🌲 and track all who approach.
“No one escapes the Dread.” 🌫️
6 down, 1 to go! 🤫 pic.twitter.com/at9BbZNO2U
— Gods Unchained (@GodsUnchained) September 30, 2024
Like the previous expansion, Dread Awakening, Tower of Dread continues the collaboration between Gods Unchained and another Immutable game, Guild of Guardians. The company has described the crossover as "the first steps towards full interoperability of a gaming ecosystem."
”As we continue to improve card text and refine our processes, our small team is excited to bridge the gap and tie into GoG and future IP collabs,” Welch added.
Gods Unchained is free to play across iOS, Android, Windows, and Mac with optional NFT cards available.
Editor’s note: This article was written with the assistance of AI. Edited and fact-checked by Andrew Hayward.
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Gods Unchained, a trading card game on Ethereum layer-2 network Immutable zkEVM, announced the launch of a battle pass ahead of its upcoming season and the new Fallen Age expansion coming on February 18.
The pass, which comes has one free tier and two paid tiers of premium rewards, will be available for pre-purchase from February 9 to February 17, offering users a 25% discount on the top two tracks, Premium and Shiny which are priced at $6.99 and $39.99 respectively.
With each pass tier, users are granted perks like new exclusive cosmetics, as well core card packs and Fallen Age packs from the new expansion.
As users move up tracks, they are granted additional perks like the Gods Unchained token (GODS) on Ethereum. Purchases of Premium or Shiny tracks will offer users 28 and 47 GODS tokens respectively, approximately $3.35 and $5.63 worth at current prices, with additional GODS rewards available as they play through the season.
The Fallen Age expansion set that arrives with battle pass season one will feature 56 cards, with seven legendaries and seven mythic variants, including two new gameplay mechanic cards: “Wither” and “Raid.”
Gods Unchained released its Tower of Dread expansion pack in October. The turn-based card game is available and free to play on iOS, Android, Windows, and Mac.
Edited by Andrew Hayward
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Immutable Games has revealed plans to launch the first expansion for mobile trading card role-playing game Guild of Guardians, which will introduce two new legendary Guardians and other fresh content. The Frostmire expansion is set to go live on October 16 with a new icey environment.
This global update will transport players to the titular location, which introduces snowy mountains and frozen plains as the game continues to delve into its lore. Most notably, however, two new Guardians will be introduced: Lisca and Dolvir.
Both legendary in rarity, Lisca is a prolific ranged hunter who grew up in the icey Frostmire with a snappy sense of humor and soft spot for sweet treats. Meanwhile, Dolvir is a warrior-style guardian that will act as a powerful offensive option. These new guardians will be available to purchase or summon through the Altar of Sacrifice upon the launch of the new expansion.
“[Lisca is] supremely adapted to the cold; they traverse the frost with ease, and bring it to bear with deadly effect with her ranged attacks and skills,” Guild of Guardians Game Director Chris Clay told Decrypt. “[Dolvir] has the ability to disrupt enemy ranks, and his summoned pets provide additional damage, tankiness, and sustain.”
Guild of Guardians is a mobile app available on iOS and Android that has players, referred to as “Commanders,” guide a group of Guardians through a series of dungeons. As each dangerous locale is cleared, Commanders gain more experience and loot to level up their squad.
The game uses trading card elements with NFT-based Guardians on Ethereum scaling network Immutable zkEVM, and takes inspiration from auto-battlers like Riot’s Teamfight Tactics with its battle style, while remaining firmly rooted in the “roguelite” genre.
“We expect to be adding new regions every four to six months,” Clay told Decrypt. “Some of it will depend on player progression and the balance of new expansions and live event development.”
“We want each Guild of Guardians expansion to have a narratively compelling story that drives players to want to learn more about this world,” Clay added in a statement. “Frostmire delivers a rich new location for players to explore, challenge their skills, and conquer.”
Frostmire also promises to introduce new enemies, music, and “surprises” that will reportedly give Guild of Guardians a completely fresh feel.
The Frostmire expansion will also add level-7 equipment and gear into the game, which can be equipped onto Guardians for stronger combat boosts. And for those with a competitive streak, a “limited event” is also on the horizon.
Edited by Andrew Hayward
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Following a $50 million loss in 2023, blockchain game developer Immutable claims its 2024 performance has rebounded, with revenue exceeding $110 million.
Blockchain game developer Immutable, best known for titles like Gods Unchained and Guild of Guardians, has reportedly improved its performance after reporting a $50 million loss for 2023, the Australian Financial Review reports, citing the firm’s recent filings.
Immutable’s financial results for 2023 showed a big loss, which the firm blames on a tough crypto market, global regulations, and high marketing costs. Still, the blockchain game developer is optimistic about its future.
In a commentary for the Australian Financial Review, a spokesperson for the firm said that Immutable is performing way better now, adding that the firm’s revenue for the 2024 financial year has already surpassed $110 million, a 50% increase from the previous year.
The revenue surge came after Immutable rolled out its own layer-2 network Immutable zkEVM, developed in partnership with Polygon Labs. Immutable is also investing in the web3 gaming sector, launching a $100 million fund to support game developers.
In March 2022, Immutable raised $200 million in a Series C funding round headed by Singapore’s state-owned investment company Temasek, putting its valuation at $2.5 billion. Other investors that participated in the funding were Mirae Asset, ParaFi Capital, Declaration Partners, and Tencent Holdings.
In late February 2025, Immutable co-founder Robbie Ferguson shared that several gaming companies valued over $1 billion seem open to launching tokens. This comes as on-chain gaming activity sees a surge. According to DappRadar’s games report released on February 13, blockchain gaming reached over 7 million daily unique active wallets in January 2025, a 386% increase from the year before.
NFT sales have seen significant movement, with Courtyard on Polygon leading the market, generating $13.7 million. The platform recorded over 121,000 transactions, with a notable increase in buyers and sellers recording 48.78% and 32.96% respectively. DMarket on the Mythos chain followed closely with $11.9 million in sales, showing a 45.57% increase. It also led in transaction volume, surpassing 371,450 trades.
Guild of Guardians, built on Immutable-Zk, experienced a substantial rise, with sales reaching $5.86 million, marking a 108.99% increase. The project also showed positive trends in buyer and seller activity gaining 42.88% and 38.25%, reinforcing the growing adoption of the Immutable-Zk ecosystem.
Market Trends and Declining Collections Despite the general upward trend, some well-known collections experienced declines. CryptoPunks on Ethereum reported a decrease in sales, with $3.03 million recorded, reflecting a 9.10% drop. Additionally, its transaction volume and buyer count declined, showing a shift in trader interest.
BRC-20 NFTs on Bitcoin witnessed a notable reduction, with sales dropping by 46.02%, alongside a decrease in buyers and sellers. Similarly, Quantum Cats, another Bitcoin-based collection, saw a 58.07% decline in sales, impacting transaction volumes and overall market activity.
Performance of Emerging and Established NFT Projects Good Vibes Club on Ethereum recorded $3.38 million in sales, representing a 75.64% increase. However, its transaction volume declined, indicating shifting buying patterns. Another Immutable-Zk project, Guild of Guardians, secured $2.64 million, showing a 107.56% surge.
Meanwhile, Paradise on Solana and Panini America also made the top ten, with sales of $1.83 million and $1.62 million, respectively. However, Paradise faced a 39.08% decline, signaling mixed trends within the NFT space.
The NFT market continues to evolve, with certain projects gaining traction while others see reduced interest. The increasing presence of Immutable-Zk projects highlights changing dynamics, influencing how collectors and traders engage with digital assets.
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Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
Immutable token retreated this week as market participants reacted to the broader crypto market crash. It also dropped despite welcoming a popular game to its platform and a surge in Guild of Guardians NFT sales.
Immutable (IMX) fell to $0.495 on Friday, down 36% from its May peak and 86% from its high last year. The sharp decline has dragged its market capitalization from $4.6 billion in September to $958 million.
The decline came even after developers announced that Legends of Elumia had migrated to the Immutable network from Ronin. This is notable, as Legends is a fast-growing title acquired by Triumph Games in April and boasts thousands of monthly active players.
Meanwhile, Immutable’s NFT activity showed notable strength this week. Data indicates that Guild of Guardians Heroes generated $8.89 million in sales, a 61% increase from the same period last week. Guild of Guardians Avatars sales rose by 64% to $4.2 million. In total, Immutable processed $13.7 million in NFT sales this week, up 69% from the previous period.
The next key catalyst for the IMX token is a major unlock scheduled for June 13. It will release 24.52 million tokens, valued at over $12.7 million. Fortunately for investors, IMX unlocks will conclude in October, transitioning the token into a deflationary asset.
Immutable price technical analysis IMX price chart | Source: crypto.news The daily chart shows that the IMX price peaked at $0.8100 in May as most cryptocurrencies rallied. It then pulled back to $0.50, its lowest point since May 8.
IMX has since dropped below its 50-day Exponential Moving Average, while both lines of the MACD have crossed below the zero line. The Relative Strength Index has also tilted downward and is approaching oversold territory.
Given these signals, the token will likely continue falling as sellers target key support at $0.3458, its year-to-date low. A drop to this level would complete a double-bottom pattern, which could signal a rebound back to the neckline at $0.8100. However, a decisive move below that support would invalidate the bullish setup.
This week, NFT sales volume reached $142.14 million, a significant increase of 23.95% compared to the previous week, according to new data released today by market analyst Crypto Slam.
The data also identified that the market experienced a remarkable rise in NFT buyers noted over the last seven days. An accumulative number of NFT buyers reached 1.06 million, an increase of 50.56% from the previous week, indicating rising interest in the NFT market.
Guild of Guardians Heroes Claims Top Position The data further listed outstanding NFT collections with top sales over the week. The NFT market displayed significant changes among top collections with the highest sales in the past seven days, as reported by the data.
Guild of Guardians Heroes emerged as the top collection with top NFT sales gained over the past seven days. The collection, which runs on the Immutable blockchain, registered $24.166 million in sales during the week, a massive increase of 67.50% compared to the previous week. This demonstrates that the Guild of Guardians Heroes is experiencing strong growth.
Courtyard, an NFT collection that operates on the Polygon blockchain, took the second position, showing its excellent performance of the week. The collection registered NFT sales worth $17.94 million, an impressive increase of 38.95% from the previous week.
Next is Guild of Guardians Avatars, another NFT collection running on top of the Immutable blockchain. The collection drew in sales valued at $9.55 million this week, an increase of 37.10%.
DMarket, a collection based on the Mythos blockchain, followed with record sales of $8.95 million, a slight decrease of 1.39% from the previous week.
Fifth on the list is Uncategorized Ordinals, an NFT collection operating on the Bitcoin blockchain. The collection witnessed a tremendous 1472.50% increase, making its sales output over the week reach $7.65 million, an indicator of a revived interest in the NFT platform.
In general, the data suggests that upcoming collections are seeing significant sales, indicating resurging interest in the NFT market.
Top 5 Blockchains in NFT Sales The data further assessed blockchain performance in the NFT sector. As per the data, Immutable pulled in the biggest sales over the week. The blockchain drew in a whopping $41.1 million in NFT sales volume. This remarkable record indicates Immutable’s rising popularity in the NFT landscape, likely because it specializes in gaming NFTs.
Ethereum took the second position. The blockchain recorded $30.27 million in NFT sales volume over the week, a slight decline of 0.13%, showing its sustained prominence in the NFT market. However, settling on the second position suggests a possible shift in market interest, as users likely prefer other alternative chains.
Third on this list is Polygon, which surged its sales by 34% to $19.12 million. Bitcoin closely followed it with a sales growth of 6.97% to $18.18 million.
Mythos Chain wrapped this top five list with $14.04 million in sales, a small decrease of 1.32%. Overall, despite Ethereum maintaining its dominant role in the NFT sector, other blockchains are quickly grabbing market share and gaining popularity in the NFT ecosystem.
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Nicholas Otieno is a fintech writer specializing in cryptocurrency markets. Since 2019, he has written articles to educate readers about cryptocurrency and its substantial positive impact on global prosperity. Nicholas is a Bitcoin holder, believing firmly in its fundamentals. His work has been featured in publications such as Finance Magnates, Blockchain.News, Bitcoin Magazine, Coincub, and among others. When he's not writing, Nicholas enjoys performing domestic tasks, spending time with friends, listening to music, and watching football.
