ICON (ICX)'s migration to SODAX (SODA) begins with a test migration phase, beginning Sept 15, 2025. This initial phase of migration will be a 1:1, two-way swap.
In February, ICON completed the enshrinement of Balanced. With further progress across the Central Relay and Composable Finance integration, efforts in March are now focused on the discovery and development for new integrations such as Sui and Stacks.
After nine years, the ICON Network is being formally retired for its full transition into SODAX. Following a network proposal, ICON will be permanently shut down on December 31, 2026.
Movebit have completed audits on the Move contracts for Balanced and ICON's General Message Passing. This ensures robust security as Balanced expands its DeFi protocol to additional blockchains within the Move development space.
Founded in 2017, the ICON Foundation focuses on blockchain interoperability and DeFi through SODAX and other initiatives. Its mission is to enable people to exchange value freely and securely.
Founded in 2017, the ICON Foundation's mission is to build a world where people can exchange value freely and securely, without intermediaries, across borders, and without friction.
The ICON Foundation handles discussions about potential partnerships and technical collaborations; general queries and community support are directed to its Discord server.