The Immutable token has reached its highest level since early March just hours after the company announced that the U.S. Securities and Exchange Commission (SEC) has closed its investigation into this Web3 gaming platform.


IMX Token Surges After Positive News
The token associated with crypto gaming giant Immutable surged 15% immediately after the company announced that the SEC had closed the investigation without finding any violations. Immutable stated that this 'closes the loop' regarding the Wells Notice issued by the SEC last year. Specifically, the price of the IMX token rose from $0.6713 to nearly $0.74 on March 25, 2025, marking the highest level since March 3.

However, at this moment (the morning of March 26, 2025), the price of IMX has slightly decreased to $0.67, according to data from CoinMarketCap. If the price returns to $0.70, about $449,500 in short positions will be liquidated, according to CoinGlass data.


IMX Following the Downtrend of the Crypto Market
Previously, IMX was affected by the overall downtrend of the crypto market, which was impacted by prolonged instability related to President Donald Trump's tax policies and interest rates in the U.S. IMX price hit a low of $0.46 on March 11, before recovering thanks to positive news from the SEC.

Notably, when Immutable announced receiving a Wells Notice in November 2024, the token price barely moved. At that time, the crypto market had begun to grow due to expectations of Trump's victory in the November 5, 2024 election.


'Big Win' for Web3 Gaming
Immutable co-founder Robbie Ferguson shared on X on March 25 that the SEC's withdrawal from the investigation is 'a huge victory for Web3 gaming.' He emphasized: 'After a year of struggle, the threat to digital ownership has finally been removed.' This is not only good news for Immutable but also for the entire community supporting digital asset ownership in gaming.


Chain Reaction Effect in the Gaming Token Market
In the past 24 hours, many other leading gaming tokens have also recorded growth:

  • Gala ($GALA ): $0.01896, up 2.78%.

  • The Sandbox ($SAND ): $0.3157, up 3.78%.

  • FLOKI ($FLOKI ): up 1.91%.

  • Axie Infinity ($AXS): $3.61, up 1.50%.



IMX reached an all-time high of $9.32 in November 2021 during a strong rally of gaming tokens. Currently, the community is hoping for a new growth phase, as history shows that gaming tokens often break out after an overall crypto market recovery.

Nevertheless, in the past 30 days, the total market capitalization of gaming tokens has decreased by 3.65% to $13.13 billion, while trading volume has plummeted by 33.45% to $1.75 billion. This indicates that the gaming token market is still under pressure, and the recovery of IMX may just be the beginning.

What do you think about the future of IMX and Web3 gaming? Please share your thoughts!