IMX Could Reach $4.2 by 2030, XRP Stands Resilient Despite SEC Battle

-ImmutableX is a blockchain platform that runs on its native token, the IMX, and is working to deeply impact the NFT market.
-Ripple’s XRP has shown resilience despite the ongoing legal battle with the SEC and is expected to become the go-to technology for international money transfers.
-Analysts are predicting that ImmutableX (IMX) could reach as much as $4.2 by 2030.

ImmutableX (IMX) is a blockchain platform that is aiming to deeply impact the Non-Fungible Token (NFT) market. NFTs are digital assets that are unique and non-interchangeable, and are used to represent digital items such as art, music, and collectibles. ImmutableX is tackling the issue of costly and energy-intensive transactions by eliminating fuel costs and creating carbon-neutral NFTs. The platform runs on its native token, the IMX, which is used to pay for the protocol fee. Once the fee is paid, it is sent to the staking reward pool, where ImmutableX users can earn rewards.

Crypto analysts are generally bullish on ImmutableX (IMX). As of this writing, the token has been in a bullish run averaging approximately $0.49. However, experts believe that IMX could reach as much as $4.2 by 2030. If this prediction comes to fruition, it could lead to IMX becoming one of the most valuable tokens in the crypto market.

Meanwhile, Ripple (XRP) remains ahead of the legal battle with the US Securities and Exchange Commission (SEC). The final outcome of this legal battle is expected to surface in the first half of 2023, but Ripple holders have remained optimistic that the technology will maintain its position in the financial industry. Ripple’s ultimate goal is to replace the current SWIFT system, which permits international money transfer at slower speeds and higher costs compared to Ripple’s technology. Ripple has already partnered with major banks and financial institutions around the world, and this could lead to significant gains for XRP holders.