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Akash Network to migrate from Cosmos to Solana with 98% approval, boosting Solana's ecosystem confidence.

Protocol Fundamentals
27 Oct 2026, 00:19 WIB
Crypto Briefing
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Bullish
Akash Network to migrate from Cosmos to Solana with 98% approval, boosting Solana's ecosystem confidence.

Akash Network, a decentralized cloud computing platform, has approved a migration from the Cosmos blockchain to Solana with 98% community support. This migration will convert Akash's AKT token into a Solana SPL token, maintaining its ticker and decimals, though the marketplace remains on Cosmos pending further audits and votes. The move signals strong confidence in Solana's growing ecosystem and infrastructure, potentially enhancing Solana's market appeal and adoption. Observers should watch for the completion of audits, final approvals, and market reactions to gauge the broader impact on Solana's growth.

Following Akash Network's decision to migrate to Solana, the SOL token on Pluang trades at Rp1.811.966 with a slight 1.00% decline as of Oct 27, 2026 04:32 WIB. Solana's market cap stands at Rp1.072,7 trillion, supported by a daily trading volume of Rp44,21 trillion. Pluang users show balanced interest with 51% buying and 49% selling activity, holding their positions for an average of 72 days.

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