CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

Coin Edition 2025-05-03 20:30:00

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 the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.