According to an official announcement from SODAX, the ICON Network, which has been operational for nearly nine years, will cease operations on December 31, 2026. Chain functionality will be shut down, with only historical query capabilities retained. The deadline for migrating ICX to SODA is the same date; migrations will no longer be possible after this time. Starting September 30, 2026, two-way exchanges will end, and only one-way migration from ICX to SODA will be supported. SODAX stated it will focus on cross-network execution and liquidity systems, currently supporting transaction coordination across 18 blockchain networks, and has launched a new SDK, a cross-chain lending market, and other features. SODA has been added to Kraken’s listing roadmap.
ICON Network to Shut Down by End of 2026, Migrate to SODAX
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Summary
The ICON Network will undergo a final network upgrade and cease operations by December 31, 2026. Chain functions will be discontinued, leaving only historical query access. ICX holders must migrate to SODA by the same date. Two-way exchanges will end on September 30, 2026, with only one-way migration remaining. SODAX focuses on cross-network execution and liquidity, supporting 18 blockchains and launching a new SDK and lending market. SODA is on Kraken’s listing roadmap. This on-chain announcement marks a major shift for the ecosystem.
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