According to the official announcement, the ICON network will be permanently shut down on December 31, 2026, at which point on-chain transactions will cease, leaving only read-only archives available for historical reference. The final deadline for the ICX → SODA token migration is also December 31, 2026; migrations will no longer be possible after this date. Starting September 30, 2026, bidirectional migration will be terminated, and only one-way conversion from ICX to SODA will be supported. Launched in 2017, the ICON network has operated for nine years. As industry demands have shifted from cross-chain settlement toward liquidity and execution efficiency, the project team has decided to consolidate all resources into SODAX. SODAX is now integrated with 18 blockchain networks and offers features such as cross-network trading, lending, SDK v2, and money market services. It has also been accepted by the Circle Alliance and included in Kraken’s listing roadmap.
ICON Network to Shut Down by End of 2026, Full Migration to SODAX
TechFlowShare
Summary
The ICON Network has confirmed its permanent shutdown by December 31, 2026, with chain transactions ceasing and only read-only archives remaining. The final deadline for ICX → SODA migration is also set for 2026. Two-way migration will end on September 30, 2026, after which only one-way conversion will be supported. The network upgrade reflects a strategic shift toward SODAX, which now supports 18 blockchains and has launched key on-chain features such as cross-network trading and lending. SODAX has joined the Circle alliance and is included in Kraken’s listing roadmap.
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