Akash Network officially moves from Cosmos to Solana—what does it mean?
97.3% in favor | Prop 346 | passed Nov 2, 2026
Akash, a decentralized computing marketplace (renting GPUs/servers for AI), has just decided to leave its own Cosmos chain and move to Solana.
1. Voting results — Around 59.98 million AKT voted Yes vs. ~796,000 No. Participation was 69.37%, far above the 33.4% quorum.
2. SPL version of the AKT token — AKT will be issued 1:1 as an SPL token on Solana after 2 independent audits, estimated 2–3 weeks after the proposal passes. The portal is one-way and will remain open for 2 years. Staking rewards on the old chain will continue until the next cutover vote.
3. Why Solana — Estimated transaction fees are around $0.0008 during quiet periods vs. ~$0.007 on EVM L2, and $0.0014 vs. ~$0.43 during busy periods.
Caution: fake "AKT" tokens have already appeared on Solana. Wait for the official mint address from Akash channels. DYOR!
#Akash #AKT #Solana #DePIN #BinanceSquare
97.3% in favor | Prop 346 | passed Nov 2, 2026
Akash, a decentralized computing marketplace (renting GPUs/servers for AI), has just decided to leave its own Cosmos chain and move to Solana.
1. Voting results — Around 59.98 million AKT voted Yes vs. ~796,000 No. Participation was 69.37%, far above the 33.4% quorum.
2. SPL version of the AKT token — AKT will be issued 1:1 as an SPL token on Solana after 2 independent audits, estimated 2–3 weeks after the proposal passes. The portal is one-way and will remain open for 2 years. Staking rewards on the old chain will continue until the next cutover vote.
3. Why Solana — Estimated transaction fees are around $0.0008 during quiet periods vs. ~$0.007 on EVM L2, and $0.0014 vs. ~$0.43 during busy periods.
Caution: fake "AKT" tokens have already appeared on Solana. Wait for the official mint address from Akash channels. DYOR!
#Akash #AKT #Solana #DePIN #BinanceSquare
