📰 Why did the Akash team suddenly change course? What does making Solana its sole target mean?
Greg Osuri, co-founder of Akash Network, publicly announced that the core team has decided to move its entire computing marketplace from the Cosmos ecosystem to Solana. The plan is to separate the akashnet-2 public chain and rebuild the computing marketplace on Solana mainnet, while also making the AKT token a native Solana token. This migration plan requires an on-chain vote and is still at the proposal stage; no specific timeline has been announced. According to Binance Square.
Why is this news important?
The main reason for this migration may lie in the Cosmos ecosystem's lack of efficiency and innovation. Although Cosmos emphasizes interoperability between multiple chains, the fact that each chain develops independently has led to fragmented resources, and performance and development speed have gradually fallen behind. Solana, by contrast, has an advantage in the competition to build Web3 infrastructure thanks to its TPS and low fees. Akash's decision seems more like a pragmatic choice in the Web3 2.0 era, in search of more efficient underlying infrastructure. This echoes the recent trend in the NFT sector of embracing high-performance chains such as Aptos and Sui, and suggests that the infrastructure layer is becoming increasingly fragmented, with Cosmos potentially being marginalized.
Market impact
The impact on ETH is greater because this involves cross-chain migration and a reshaping of the token ecosystem. However, given ETH's current 24-hour decline of 1.33%, this news is more likely to intensify anxiety over L2s replacing L1s. BTC is relatively less affected, since ecosystem migration is currently taking place mainly within Ethereum's sub-ecosystems. In terms of capital flows, this could accelerate the reallocation of crypto funds toward high-performance public chains, with SOL's share of computing power potentially rising by 15–20% over the next six months. Historically, every migration from consortium-chain systems such as Cosmos to more decentralized public chains has intensified competition between chains—for example, Polkadot's early vision of interoperability ultimately gave way to Starknet's hard fork.
💡 From an industry perspective, this news reinforces the long-term dominance of high-performance public chains. If the akashnet-2 vote passes within the next two weeks, this decision may begin to positively affect activity on the Solana network in three months. The caveat is that if Cosmos cannot quickly close the performance gap through technical upgrades, the rationale for the migration will no longer hold.
This article is not sponsored by any project, and the author does not hold any of the assets mentioned.
⚠️ This is not investment advice. Predictions are for reference only.
$SOL $BTC $ETH
Greg Osuri, co-founder of Akash Network, publicly announced that the core team has decided to move its entire computing marketplace from the Cosmos ecosystem to Solana. The plan is to separate the akashnet-2 public chain and rebuild the computing marketplace on Solana mainnet, while also making the AKT token a native Solana token. This migration plan requires an on-chain vote and is still at the proposal stage; no specific timeline has been announced. According to Binance Square.
Why is this news important?
The main reason for this migration may lie in the Cosmos ecosystem's lack of efficiency and innovation. Although Cosmos emphasizes interoperability between multiple chains, the fact that each chain develops independently has led to fragmented resources, and performance and development speed have gradually fallen behind. Solana, by contrast, has an advantage in the competition to build Web3 infrastructure thanks to its TPS and low fees. Akash's decision seems more like a pragmatic choice in the Web3 2.0 era, in search of more efficient underlying infrastructure. This echoes the recent trend in the NFT sector of embracing high-performance chains such as Aptos and Sui, and suggests that the infrastructure layer is becoming increasingly fragmented, with Cosmos potentially being marginalized.
Market impact
The impact on ETH is greater because this involves cross-chain migration and a reshaping of the token ecosystem. However, given ETH's current 24-hour decline of 1.33%, this news is more likely to intensify anxiety over L2s replacing L1s. BTC is relatively less affected, since ecosystem migration is currently taking place mainly within Ethereum's sub-ecosystems. In terms of capital flows, this could accelerate the reallocation of crypto funds toward high-performance public chains, with SOL's share of computing power potentially rising by 15–20% over the next six months. Historically, every migration from consortium-chain systems such as Cosmos to more decentralized public chains has intensified competition between chains—for example, Polkadot's early vision of interoperability ultimately gave way to Starknet's hard fork.
💡 From an industry perspective, this news reinforces the long-term dominance of high-performance public chains. If the akashnet-2 vote passes within the next two weeks, this decision may begin to positively affect activity on the Solana network in three months. The caveat is that if Cosmos cannot quickly close the performance gap through technical upgrades, the rationale for the migration will no longer hold.
This article is not sponsored by any project, and the author does not hold any of the assets mentioned.
⚠️ This is not investment advice. Predictions are for reference only.
$SOL $BTC $ETH
