Will IMX Crypto Pump To Over $1 Once This Bill Becomes Law?

Gaming is a multi-billion-dollar industry, and yet, even with crypto leveling the field, regulation is critical. If there is clarity, especially in the United States, IMX crypto, the token behind the NFT-focused layer-2 for Ethereum, ImmutableX, could be the biggest beneficiary.

As of September 30, IMX USD is steady, shaking off the weaknesses of the past year. The IMX crypto is up a decent +35% in the last month of trading, adding +3% in the previous week. However, IMX USDT is still in the red, losing -58% year-to-date.

Focus is on the ImmutableX ecosystem and IMX crypto. Once the CLARITY Act passes, IMX USDT could break $1 and even double to $2

(Source: IMX USDT, TradingView)

Zooming into the ImmutableX ecosystem, it is clear that users are still active despite the general decimation of NFTs after the boom in 2021. According to L2Beat, ImmutableX currently manages $35M worth of assets. It stood at nearly $295M in March 2024, but more assets have been withdrawn over the months. The good news is that ImmutableX total value locked (TVL) has been stable above $30M in the past three months.

Focus is on the ImmutableX ecosystem and IMX crypto. Once the CLARITY Act passes, IMX USDT could break $1 and even double to $2

(Source: L2Beat)

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Will IMX Crypto Pump Above $1?

There is a direct correlation between TVL and price action. When IMX USDT spiked from the second half of 2023, its TVL also rose.

From early July, IMX crypto prices have been trending higher, rallying from around $0.35 and peaking at $0.96 in September. The spike represented a near +300% surge.

Market Cap

This uptrend is still valid, and as long as IMX USDT bulls trend above $0.50 and $0.65, there could be opportunities for buyers to push higher. As it is, the first target will be September highs and later $1.

While reclaiming $1 would be a milestone, it will still be far from where IMX USD last traded in 2021. At peaks, IMX crypto soared to as high as $9.52 before tanking -92% to spot rates, per Coingecko data.

Focus is on the ImmutableX ecosystem and IMX crypto. Once the CLARITY Act passes, IMX USDT could break $1 and even double to $2

(Source: Coingecko)

On X, one analyst thinks the next target for optimistic IMX crypto bulls is $1.15 and later $2. In his analysis, he notes that IMX USDT reclaimed the 21-period EMA, clear in the weekly chart, before accumulating.

If IMX USDT tears higher, a +50% rally from around spot rates to $1.15 will be plausible. However, if the uptrend continues and volume picks up, IMX USDT should rally to as high as $2.

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Will CLARITY ACT Drive ImmutableX And IMX USDT To $1?

As bullish as this outlook is, regulations will play a key role in funneling demand. Just like the GENIUS Act opened up DeFi, allowing tech companies to launch USD-backed stablecoins, the CLARITY Act will be a game-changer for gaming tokens, some of which are built on ImmutableX.

Being a layer-2, ImmutableX solves the blockchain trilemma for NFTs, allowing platforms to enjoy better security, lower fees, and higher scalability. Because of this feature, games like Gods Unchained and Guild of Guardians already run on Immutablex, allowing players to own in-game assets and trade them across marketplaces without developer cutoffs.

Recently, they launched a mobile gaming division, pushing prices higher. However, the real deal will come with the CLARITY Act, which is currently being discussed in Congress.

Under Section 103 of this Act, video game assets are proposed to be excluded from the definition of securities. This means that in-game assets like skins won’t be subject to the CFTC’s scrutiny for trading, custody, or issuance.

The bill passed the House in mid-July 2025 and was queued for Senate debate as of September 30.

On X, one observer thinks the passage of CLARITY Act will provide massive tailwinds for IMX, allowing it to position itself as a go-to platform for triple-A studios looking to tokenize in-game assets.

Robbie Ferguson, the co-founder of ImmutableX, chimed in, saying the Act is “very, very good” and the community should expect a “proliferation of crypto rewards programs, stablecoins for in-game payments, and, eventually, gaming tokens.”

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Will ImmutableX IMX Crypto Break $1 After CLARITY Act?

  • IMX crypto is under pressure but firm 
  • ImmutableX is building an NFT-focused Ethereum layer-2 
  • CLARITY Act likely to be passed in 2025 
  • Will IMX USDT break $1 and double to as high as $2? 

The post Will IMX Crypto Pump To Over $1 Once This Bill Becomes Law? appeared first on 99Bitcoins.

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