coin icon

icon Price

(ICX)

$0.02319
0.00%(5m)

1m5m15m1h8h1d1W
icon (ICX) Live Price Chart

    icon Live Price Data

    icon is currently trading at 0.02319, with a 24-hour trading volume of --. Over the past hour, the price of icon changed by -0.98%, and over the past week, its value in dropped by -5.69%. The circulating supply of icon is 1.10B ICX, with a market cap of 0 , down -0.98% in the last 24 hours. icon is ranked #626 by market cap.

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    Note: This data is for reference only.
    pk

    ICX(ICX) Profile

    altRank626
    rateBB
    Expand
    $0.0231
    $0.0236

    ATH
    $12.63869953
    Price Change (1h)
    -0.04%
    Price Change (24h)
    -0.98%
    Price Change (7d)
    -5.69%
    Market Cap
    24h Volume
    Circulating Supply
    1.1B
    Max Supply
    --

    About icon

    • What Is Icon (ICX) Crypto?

      ICON (ICX) is a layer-1 blockchain network that focuses on creating a scalable, chain-agnostic, and secure multi-chain bridging solution. At its core, ICON is a connection hub linking partner blockchains with all other ones integrated through the Blockchain Transmission Protocol (BTP).

      The BTP is ICON's top product and provides an interoperability solution that supports the exchange of tokens across chains and more general messaging functions like cross-chain smart contract calls. It is a groundbreaking approach to solving the current fragmentation of blockchain ecosystems.

      The blockchains connected to the ICON ecosystem include BNB Chain, NEAR Protocol, Harmony, Moonriver, Polkadot, ICE/SNOW, Ethereum, and many others. In addition, ICON hosts a thriving ecosystem of dApps, including DeFi protocols like Balanced and Omm, NFT platforms like Craft, and various games.

      In summary, ICON (ICX) aims to be a global network that connects various blockchains to enable interoperability. The native currency of the ICON network is ICX, which has multiple applications within the ICON ecosystem.

    • How Does ICON Blockchain Work?

      ICON’s layer-1 blockchain network works through its unique architecture and the use of Delegated Proof of Stake (DPoS) as its consensus algorithm. In the DPoS system, most stakeholders delegate their network share, in this case, ICX, to registered validators who produce blocks and participate in governance.

      In this regard, ICON has implemented the DPoS consensus, allowing non-technical stakeholders to benefit from staking without setting up a node or joining a staking pool. ICX holders can stake ICX and delegate to P-Reps – entities registered to participate in the governance of the ICON blockchain.

      Another critical component of ICON is the Blockchain Transmission Protocol (BTP). This protocol enables communication and interaction between different blockchains. It allows not only the exchange of tokens across chains but also generic messaging functions like cross-chain smart contract calls.

      ICON is a unique solution not limited by the underlying blockchain technology or the number of existing connections. It is a hub that instantly connects all blockchains integrated with the ICON ecosystem, regardless of whether they were built with ICON's Goloop, Cosmos SDK, or Substrate.

    • When Was ICON (ICX) Launched?

      The ICON network was co-founded by Min Kim, the former Chief Strategy Officer of DAYLI Financial Group, Korea's largest FinTech holding company, and the Chief Operating Officer at Tapas Media, a US-based platform for digital content. Min Kim is also an alumnus of the Haas School of Business at the University of California in Berkeley and incubated ICONLOOP, the technical partner of ICON.

      The idea for ICON came from the desire to address fragmentation in the blockchain world and enable interoperability between different blockchains. This approach has allowed ICON to create a scalability, security, and interoperability ecosystem.

      Since its inception, ICON has achieved several significant milestones. It has formed partnerships with several blockchains and hosted a variety of dApps in its ecosystem. Additionally, ICON has continuously improved its BTP protocol to increase interoperability and user-friendliness.

      The story of ICON is a testament to the ongoing progress and innovation in blockchain technology. With its vision to create a multichain future by integrating with existing networks while simultaneously facilitating the creation of new networks and connections through its interoperability solution, the BTP, ICON, has taken a significant position in the blockchain world.

    FAQ

    • How much is 1 icon (ICX) worth?

    • Is ICON (ICX) a Good Investment?

    • What Is ICON Crypto Price Prediction?

    • ​​What Is ICX Token Used For?

    • What Is ICON (ICX) Tokenomics?

    • How to Stake ICX on ICON

    • What is the all-time high price of icon (ICX)?

    • What is the all-time low price of icon (ICX)?

    • How much icon (ICX) is there in circulation?

    • How do I store icon (ICX)?