Key Points: IMX has surged by nearly 35% in the past week. The token is rallying today after the project’s co-founder shared exciting news about Immutable Passport. IMX needs to break above $0. ...

Immutable X (IMX) hopes to solve it by creating a layer-2 solution for Ethereum. Specifically, it is looking to reduce high fees in the Ethereum non-fungible token (NFT) space.