Ice Open Network (ION): Uses, Supply and Risks

Ice Open Network describes itself as a Layer 1 blockchain project focused on bringing apps and online interactions on-chain. Its stated aim is to give people more control over their data, identity and digital activity. ION is the project’s token ticker. The project is also associated with SocialFi, a category for services that combine social features with blockchain-based ownership or incentives.

The project’s stated goals describe a broader network, but public sources list ION as issued on BNB Chain and does not identify it as the native token of a chain. That distinction matters: a project’s blockchain plans and a token’s current network are not necessarily the same thing. Check the network and token details in your wallet before sending or receiving ION.

ION may be used for activity within the Ice Open Network ecosystem. Project descriptions associate the token with transaction fees, governance participation and incentives for ecosystem participants. These are potential roles within the project; they do not establish that every function is currently available or that holding ION gives a particular level of influence. Check the project’s current documentation for which features are live and how they work.

Ice Open Network has also described a bridge for moving ICE between BNB Chain and the ION blockchain. Older material may therefore use the ICE name, while the token public information here identify ION. Token names, symbols and migration arrangements can change, so do not rely on a ticker alone when transferring assets. Confirm the destination network, token contract and any migration instructions through official project channels before taking action.

As of 2026-11-05, the reported circulating supply was about 11.36 billion ION, against a total supply of about 21.13 billion and a maximum supply of about 21.15 billion. Circulating supply is the amount reported as available in circulation; total and maximum supply are different measures and should not be treated as interchangeable. Supply figures can change, so check current token information before relying on them.

The reported price was about $0.00004881 on 2026-11-05, with a market capitalization of about $554,536 and 24-hour trading volume of about $40,935. These are time-specific figures, not a valuation forecast. The reported seven-day change was negative 26.84% on that date, illustrating that ION can move sharply. Market prices, liquidity and supply data may vary between services and trading venues.

The token information lists ION as issued on BNB Chain, but does not list a native-token chain. Because Ice Open Network describes a separate blockchain and a bridge between BNB Chain and its own network, users should verify which version of the token they hold and which network a transfer uses. Sending a token to an address or network that does not support it can lead to loss of access.

For storage, use a wallet that explicitly supports ION on the network where your tokens are held. Keep recovery phrases and private keys offline and private; anyone who obtains them may be able to control the funds. Check the token contract through official project channels before adding it to a wallet, and be cautious of unsolicited migration offers, fake support accounts and lookalike tokens. Bridge use adds its own risks, including technical faults, contract vulnerabilities and mistakes when selecting networks. ION’s market value can also be volatile, and limited trading activity may make it harder to trade at a preferred price.