On May 29, 2025, the blockchain gaming platform Immutable Play announced that the cumulative gaming time on its platform has exceeded 10 million hours, a milestone symbolizing significant progress in the field of blockchain gaming and cryptocurrency applications. Robbie Ferguson, co-founder of Immutable, expressed on social media that this reflects the high engagement and sustained interest of users in crypto games, highlighting the rapid development trend of the Web3 gaming ecosystem.
This substantial gaming duration, equivalent to 1141 years of continuous gaming time, underscores the potential for deep integration between blockchain technology and the gaming industry. As the industry matures, Immutable Play and its native token IMX have attracted more attention from investors and players, driving active trading of related digital assets.
Data shows that influenced by this news, the price of IMX tokens rose by 4.7% on the announcement day, with trading volume significantly climbing to an 18% increase in daily trading volume. This phenomenon reflects the market's growing interest and confidence in blockchain gaming projects. Meanwhile, traditional gaming hardware manufacturers such as NVIDIA and AMD saw strong stock performance, rising 3.2% and 2.1% respectively, further fueling investment enthusiasm for gaming and blockchain-related assets.
Technical indicators show that the IMX price has successfully broken through the 50-day moving average, and the Relative Strength Index (RSI) reached 62, indicating potential for further rise. On-chain data also shows a 9% increase in active wallet numbers to 45,000, with continued enhancement in transaction activity.
It is noteworthy that IMX has a moderate price correlation with mainstream cryptocurrencies like Bitcoin and Ethereum, indicating that its price is influenced not only by overall market sentiment but also by unique dynamics in the blockchain gaming industry. As interactions between blockchain gaming and traditional financial markets deepen, investors can seize cross-market investment opportunities by monitoring stock and digital asset trends.
Additionally, the trend of institutional funds flowing into the blockchain gaming sector is becoming increasingly apparent, with many hedge funds and asset management companies incorporating tokens like IMX into diversified investment portfolios, especially driven by the rise in traditional gaming hardware company stocks.
In summary, the breakthrough of 10 million hours of gaming time by Immutable Play users is not only an achievement for the platform but also represents the maturity and opportunities of the blockchain gaming industry. In the future, as more investments and technological innovations emerge, blockchain gaming and its related crypto assets are expected to experience a new round of growth.
