ICX holders have until September 30, 2026, to swap their tokens to SODA on the Sonic chain, with the option to reverse swaps ending that day. The ICON blockchain will be shut down on December 31, 2026, after which no swaps can be initiated. Analysis shows no public progress indicator for the swap, and total supplies on both chains remain nearly unchanged, indicating tokens are locked rather than burned during the swap. Holders with ICX in self-custody wallets must act themselves, while exchanges typically handle swaps automatically. It is advised to complete the swap before the first deadline to retain flexibility and secure acquisition records before the ICON chain becomes read-only.
