Immutable zkEVM Transactions Rise 5.7% in Q1 2025, IMX Price Slides 60%
- Daily transactions on Immutable zkEVM grew 5.7% in Q1 2025.
- NFT activity and IMX token value declined alongside wider Web3 market trends.
- SEC closed its investigation into Immutable with no enforcement action.
Immutable recorded steady growth in daily network usage in the first quarter of 2025. According to research by crypto analytics firm Messari, average daily transactions on Immutable zkEVM rose by 5.7% quarter-over-quarter, increasing from around 469,000 to 498,000.
The growth is notable as it came during a broader downturn in the Web3 gaming space. Immutable zkEVM, a Layer-2 scaling solution for Ethereum, continues to play a key role in supporting blockchain-based games and NFT transactions.
Immutable Chain Merger Scheduled for 2025
According to the report, Immutable is preparing to merge its two core networks, Immutable X and Immutable zkEVM, into a single chain called “Immutable”. Although no launch date has been confirmed, the integration will be completed by late 2025.
Related: Immutable (IMX) Price Prediction 2025–2030: Can It Lead the Future of Web3 Gaming?
The unified chain is designed to streamline activity across the ecosystem. It…
The post Immutable zkEVM Transactions Rise 5.7% in Q1 2025, IMX Price Slides 60% appeared first on Coin Edition.
Read More
Immutable zkEVM Transactions Rise 5.7% in Q1 2025, IMX Price Slides 60%
- Daily transactions on Immutable zkEVM grew 5.7% in Q1 2025.
- NFT activity and IMX token value declined alongside wider Web3 market trends.
- SEC closed its investigation into Immutable with no enforcement action.
Immutable recorded steady growth in daily network usage in the first quarter of 2025. According to research by crypto analytics firm Messari, average daily transactions on Immutable zkEVM rose by 5.7% quarter-over-quarter, increasing from around 469,000 to 498,000.
The growth is notable as it came during a broader downturn in the Web3 gaming space. Immutable zkEVM, a Layer-2 scaling solution for Ethereum, continues to play a key role in supporting blockchain-based games and NFT transactions.
Immutable Chain Merger Scheduled for 2025
According to the report, Immutable is preparing to merge its two core networks, Immutable X and Immutable zkEVM, into a single chain called “Immutable”. Although no launch date has been confirmed, the integration will be completed by late 2025.
Related: Immutable (IMX) Price Prediction 2025–2030: Can It Lead the Future of Web3 Gaming?
The unified chain is designed to streamline activity across the ecosystem. It…
The post Immutable zkEVM Transactions Rise 5.7% in Q1 2025, IMX Price Slides 60% appeared first on Coin Edition.
Read More