Immutable X (IMX) price soars after GameStop partnership and new project launches By Cointelegraph

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Nonfungible tokens (NFTs) continue to be one of the hottest sectors of the cryptocurrency market in 2022 despite the overall multi-month weakness seen in (BTC) and other large-cap crypto assets.

One project that has benefited from the persistent bullishness in the NFT space is ImmutableX (IMX), a layer-2 scaling solution for NFTs on the network designed to offer near-instant transactions and zero gas fees for minting and trading

IMX/USDT 4-hour chart. Source: TradingView
Weekly NFT transaction count. Source: Dune Analytics