When Is Shutting Down a Blockchain the Best Road Forward?

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. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #tokenomics, #crypto-news, #financial-infrastructure, #defai, #sodax, #icon-network, #icon-network-shutdown, #good-company, and more. This story was written by: @sodax. Learn more about this writer by checking @sodax's about page, and for more stories, please visit hackernoon.com. 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.