EddieJayonCrypto
9 Apr 25
Immutable, an Ethereum gaming platform, has announced its plan to merge its original Immutable X network into the newer Immutable zkEVM layer-2 blockchain by late 2025. This move aims to consolidate the company's gaming ecosystem following significant growth in the zkEVM network, which has processed...
Immutable, an Ethereum gaming platform, has announced its plan to merge its original Immutable X network into the newer Immutable zkEVM layer-2 blockchain by late 2025. This move aims to consolidate the company's gaming ecosystem following significant growth in the zkEVM network, which has processed nearly 150 million transactions since its launch in early 2024. The merger seeks to unify hundreds of millions of dollars in assets across hundreds of games onto one chain, creating a unified home for Web3 gaming for Immutable players.
The transition for users will be mostly automatic, with assets available on Immutable zkEVM for Immutable Passport wallet users and transferred to their primary wallet for users of other wallets like MetaMask. The company will offer an opt-out option for users who do not want their assets migrated automatically. Game developers will face more substantial adjustments, as the existing Immutable X APIs will be deprecated, requiring them to reimplement certain mechanics. Notable games on the Immutable platform include Gods Unchained, Illuvium, RavenQuest, Space Nation Online, Immortal Rising 2, and Treeverse.
Immutable's IMX token has seen a nearly 25% decrease in value over the last week, currently priced at $0.393, making it the 99th most valuable cryptocurrency by market cap according to CoinGecko. It briefly fell out of the top 100 earlier in the week.