ICON Price
ICX
How Much is 1 ICON (ICX)
Convert ICX to your currency
Last Updated on Dec 27, 2025 10:14 AM
What is ICON?
About the coin
Founded in August 2017, ICON has dedicated years to developing its Layer 1 (L1) ecosystem, emphasizing sustainable cross-chain development infrastructure. ICON aims to address the challenges faced by many applications today, such as security, scaling, and speed in cross-chain environments. By using ICON, applications can operate cross-chain seamlessly, build momentum, and establish a solid reputation.
Main features
ICON's Cross-Chain Framework is designed to simplify cross-chain development. It includes the xCall General Message Passing and connections to secure bridging protocols. This framework allows developers to easily integrate cross-chain functionalities into their applications. ICON's native ICX coin plays a crucial role in this ecosystem, serving as the L1 gas token and the xCall cross-chain fee token. A significant portion of the fees collected in ICX is burned, contributing to the token's value.
How it works
The ICON Cross-Chain Framework consists of a robust L1 blockchain, xCall General Message Passing, and a growing list of connected blockchains and integrated bridging protocols. This setup enables seamless interoperability across different blockchain networks. The ICX token is central to this framework, facilitating transactions and interactions within the ICON ecosystem. Users can easily purchase ICX through major centralized exchanges, decentralized exchanges, and even in-wallet options.
Tangem supports networks for ICON
Temporarily not supported
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ICON FAQ
- ICON is a blockchain-based digital asset used for transferring value and interacting with decentralized applications. It operates without central control, relying on distributed network technology.
- Key features include scalability, low fees, and fast processing. ICON supports developers and users who need a flexible blockchain environment.
- ICX represents the same asset as ICON. The ticker is simply a short label for trading and listing purposes.
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