Impossible Cloud Network (ICN) Project Update

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Biggest Stories of 2025

• Q3 2025 Wrap-Up ("The Foundational Quarter"): ICN reported a successful quarter marked by its mainnet launch, generating over $1.6 billion in cumulative trading volume, $7 million in ARR, and over 1,000 enterprise customers. Key metrics included 31,000+ staked ICN Links, $71.16 million in ICNT total value locked (TVL), 127 deployed ScalerNodes across six regions, and 91.54PB of network capacity, alongside the launch of an Immunefi bug bounty offering up to $25,000. (October 1, 2025) 1
• First 30 Days Post-Launch: ICN demonstrated immediate scalability with over 31,000 staked HyperNodes and $70.6 million in TVL, plus over $1 billion in trading volume in its first two weeks. The network launched the ICN x Base Cloud Grants to support five Web3 projects and established integrations with Aerodrome, GLIF, Cygnus, and Symbiotic. (August 13, 2025) 2
• ICN x GLIF Partnership: ICN announced a strategic partnership with GLIF, a DePIN x DeFi protocol, to integrate optimized ICNT staking. ICNT holders could liquid stake their tokens via GLIF on the Base Network, receiving liquid stICNT that accrues rewards and can be traded on DEXs like Uniswap, with plans to pilot infrastructure-backed lending for real-world node deployments. (July 8, 2025) 3
• Mainnet and Token Launch with $34M Raise: ICN launched its mainnet and native token, ICNT, following a $34 million funding round valuing the company at over $470 million. ICNT began trading on Binance, Kraken, Bybit, and other major exchanges, with the platform supporting over 1,000 enterprises, generating $7 million annually, and operating 80 petabytes of storage with an aim to expand to 250 PB globally. (July 3, 2025) 4
• ICNT Exchange Listings: ICNT became available for trading on Kraken as of July 3, 2025, with the token serving as collateral, payment, and governance for the decentralized infrastructure protocol. The mainnet deployment and official listing were scheduled for 10 AM UTC on July 3rd, 2025, across centralized exchanges including Bybit, Bitget, and Kucoin. (July 3, 2025) 56
• HyperNode Network Launch: ICN officially launched its HyperNode Network, marking a transition from roadmap to reality for its decentralized cloud infrastructure. HyperNodes act as critical validators ensuring network integrity by verifying uptime, latency, and compliance, enabling enterprise-grade performance in a trustless system, with users able to stake ICN Link tokens to support validators and earn rewards. (May 13, 2025) 7