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.