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When Is Shutting Down a Blockchain the Best Road Forward?
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This story was originally published on HackerNoon at: https://hackernoon.com/when-is-shutting-down-a-blockchain-the-best-road-forward.
The ICON Network shut down on Dec. 31, 2026 concludes its migration to SODAX and continues the mission as cross-network execution infrastructure for partners.
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The ICON Network concludes its migration to SODAX on Dec. 31, 2026, as it shuts down its legacy blockchain network. The ICX-to-SODA migration window closes the same day. While most Layer 1s decay over time, ICON has remained true to its mission with a coordinated shutdown. SODAX, the execution system that inherits the mission, is live across 18 blockchain networks, anchored on Sonic and powering cross-network DeFi for partners including Houdini Swap and Bound Exchange. Community applications now reward staking and liquidity provision from a share of protocol fees, eliminating the token emissions previously required for blockchain validator rewards.