Akash Network (AKT) turns out to be the biggest gainer of the day among the tally of the top 100 crypto assets. AKT price rose by around 50% over the last 24 hours in a bid to hit the crucial $7 mark. This explosive surge comes in when the largest of cryptos are struggling to keep up and deal with the hovering selling pressure.

Akash Network, the top gainer

Data shows that the recent 50% spike has added to the positive momentum already building among the Akash Network’s community. AKT price had jumped by more than 60% in the last 7 days, while, it is up by 134% on the year to date (YTD) basis.

However, this surge is recorded as the AKT token bagged a much anticipated listing on the South Korean exchange Upbit. The mega listing helped the crypto to breach the $5 mark easily as it was hovering around the $4 level for a quite long time.

Akash Network is trading at an average price of $6.05, at the press time. Its 24 hour trading volume skyrocketed by more than 3220% to stand at $144 million. It is holding a market cap of $1.31 billion. It will be crucial to see if AKT can sustain the same amount of surge ahead.

It is supercloud spearheading a paradigm shift in cloud computing. It aims to disrupt conventional cloud services, and pioneering a revolution in access to essential cloud resources.Earlier, Akash Network announced that Coinbase added support for the AKT token. It added that the Transfers for this asset are available on Coinbase exchange in the regions where trading is supported. Its trading on the US’s biggest crypto exchange began on 19 March 2024 when the liquidity conditions were met.

What’s up with crypto?

Most of the biggest cryptos looked confused on Tuesday after the Exchange-Traded Fund (ETF) and Bitcoin halving rush.  The cumulative crypto market grew marginally over the last 24 hours. The total market cap stands at $2.43 trillion. The 24 hour trading volume stood around $66.45 billion.

Bitcoin price jumped marginally, while, Ethereum saw a negligible dip. Bitcoin is still looking for hints in the way of where to go. However, investors are still bullish on BTC and expect that the crypto will soon hit a new all time high (ATH).

BTC is trading at an average price of $66,107, at the press time, while, Ethereum stood at $3,178.