Crypto

SODAX Launches Cross-Chain Liquidity System Replacing ICON Network

Guavy AI Editorial Team Published August 25, 2026

Instruments

BTC ETH BNB SOL AVAX MATIC XLM HBAR ARB STX INJ ICX BAL POL

SODAX is a cross-network execution and liquidity system that coordinates financial actions across 21 blockchain networks. This includes Ethereum, Solana, Bitcoin, Sui, Stellar, Arbitrum, Base, BNB Chain, Avalanche, Polygon, Optimism, NEAR, Injective, Hedera, Stacks, and Sonic.

The project originated as ICON, a Layer 1 blockchain launched in 2017. In May 2025, the ICON Foundation announced a transition to SODAX, moving core infrastructure to Sonic, an EVM-compatible Layer 1, and consolidating the ICX and BALN tokens into a single token, SODA.

ICX holders migrate to SODA at a 1:1 ratio. The ICON Network entered economic shutdown in March 2026 and is scheduled to cease operations on December 31, 2026, which is the final migration deadline.

SODAX Launches Cross-Chain Liquidity System Replacing ICON Network

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