ICON Network to Permanently Shut Down on Dec. 31, 2026

ICON Network said ICX-to-SODA migration will end on Dec. 31, 2026 as the project fully transitions to SODAX, and Kraken has added SODA to its listing roadmap.

Summary

ICON Network said it will permanently shut down on Dec. 31, 2026, with the final deadline for ICX-to-SODA migration set for the same day. Starting Sept. 30, 2026, migration will become one-way from ICX to SODA, ending any reverse conversion path. The move reflects the project’s full transition to SODAX, which it has described as cross-chain liquidity infrastructure connected to 18 networks. In a new development, Kraken has added SODA to its listing roadmap, signaling potential exchange support as the ecosystem shifts away from ICON’s standalone network.

Terms & Concepts
  • Cross-chain liquidity: The movement and availability of assets across different blockchain networks, helping users and applications access capital beyond a single chain.
  • One-way migration: A conversion route that only allows assets to move in one direction, in this case from ICX to SODA.
  • Listing roadmap: An exchange’s public indication that it is considering or preparing support for a token, without confirming that trading is already live.