Key Highlights: Immutable is transitioning its blockchain into a standard Ethereum rollup built on the OP Stack and joining the Optimism Superchain ecosystem. The migration will preserve all existing chain IDs, user balances, addresses, and smart contracts, requiring minimal to no action from users despite a scheduled multi-hour pause in block production. The network will ...
Key Highlights Immutable ($IMX) tumbled 12%, breaking below the $0.12 mark to reach a low of $0.106 before staging a mild rebound. The selloff was primarily fueled by derivatives market risk-off behavior, evidenced by an 8.4% drop in Open Interest and a surge in perpetual contract selling volume on Binance. Spot market dynamics diverged as ...
Key Highlights Immutable ($IMX) surged by 10% over a 24-hour window following a technical rebound from its Exponential Moving Average (EMA) support near $0.16. Surging volatility reaching 0.04 alongside a week of positive funding rates points to rising aggressive derivatives positioning among market participants. Network bulls are targeting the $0.30 swing high, backed by over ...