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ICON

ICON

ICX
#372
$0.01467Down 0.06 percent($0.00)

Key Stats

Market Cap$16.10MDown 0.06 percent
Volume (24h)$466.52K
Fully Diluted Value$16.27M
Vol/Mkt Cap (24h)2.90%
Total Supply1.11B ICX
Max Supply∞
Circulating Supply1.10B ICX
Launch Date2017-10-24

ICON Information

Websites
www.icon.foundationWhitepaper
Block Explorers
tracker.icon.community
Hashing Algorithms
SHA3-256d
Supported Standards
IRC-2
Industries
Cross-Chain Infrastructure

ICON Price Converter

ICONICX
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ICON Markets

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InstrumentExchangeBenchmark DataPrice24h Change
ICONUSDT logo
ICX-USDT
ICXUSDT_SPBL
bitget logobitget
BB
0.009360USDT
-8.68%
ICONUSDT logo
ICX-USDT
ICX-USDT
kucoin logokucoin
BB
0.008790USDT
0.00%
ICONKRW logo
ICX-KRW
KRW-ICX
upbit logoupbit
B
19.50KRW
-1.52%
ICONKRW logo
ICX-KRW
ICX_KRW
bithumbkorea logobithumbkorea
-
14.77KRW
-9.94%
ICONUSDT logo
ICX-USDT
icxusdt
huobipro logohuobipro
C
0.01320USDT
3.94%

About ICON

ICX is the native cryptocurrency of the ICON Network, a Layer 1 blockchain launched by the ICON Foundation. It has been used to pay transaction fees, stake, participate in governance and interact with applications on ICON. The ICON project is transitioning to SODAX, with ICX being replaced by SODA through a 1:1 migration process. The ICON Network is scheduled to shut down on 31 December 2026, after which ICX will no longer serve as the native currency of an active ICON blockchain.

Frequently Asked Questions

ICX is the native cryptocurrency of the ICON Network, a Layer 1 blockchain launched by the ICON Foundation. The network supports smart contracts, decentralised applications and on-chain governance, while ICON's development also expanded into technology for communication between different blockchain networks.

ICX originally launched as an ERC-20 token during the development of ICON. Following the launch of the ICON mainnet, holders were able to exchange the ERC-20 token for native ICX, which became the network's currency.

The ICON project has since transitioned to SODAX, a cross-network liquidity and execution system. As part of this transition, ICX is being replaced by SODA. ICX holders can migrate their tokens to SODA at a 1:1 ratio. The ICON Network is scheduled to shut down permanently on 31 December 2026, which is also the final deadline for migrating ICX to SODA.

ICX is used to pay transaction fees on the ICON Network and has historically been used for staking, network governance and applications built on ICON.

Under ICON's governance system, ICX holders could stake their tokens and delegate them to validators responsible for operating and governing the network. ICX has also been used as an asset within decentralised finance applications operating on ICON.

The role of ICX is being phased out as the ICON project transitions to SODAX. Holders can exchange ICX for SODA, which serves as the token for the project's new infrastructure. Following the planned shutdown of the ICON Network on 31 December 2026, ICX will no longer function as the native currency of an active ICON blockchain.

ICON was initiated by the ICON Foundation in 2017. The Foundation is a non-profit organisation established in Zug, Switzerland to support the development of the ICON project and related open-source blockchain technology.

Min Kim has served as Chairman and President of the ICON Foundation since 2017 and was one of the main figures involved in the development of the ICON project. The Foundation's focus has since shifted from the ICON Layer 1 network to SODAX, which developed from the ICON project and its work on blockchain interoperability.