Akash Network has passed a governance proposal with about 98% support to migrate its AKT token and operations from its own Cosmos chain to Solana. The AKT token will convert to a Solana SPL token at a 1:1 ratio through a one-way portal open for two years, with no option to revert. The marketplace migration will require a separate vote and is planned to follow after further audits and rehearsals, with a 90-day overlap period for existing workloads. This move aims to leverage Solana's larger ecosystem and liquidity, especially its concentration of decentralized physical infrastructure projects (DePIN).
Akash Network's proposal to migrate from Cosmos to Solana gained about 98% support. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 27, 2026 04:01 WIB: out of 50 major cryptocurrencies, 16 rose and 32 fell. Notable movers include XNO at Rp6.060 with a 1-day change of +1.81% and 100% sell order activity, ALGO at Rp1.880 with a 1-day change of -1.73% and 81% buy order activity, and AAVE at Rp2.443.386 with a 1-day change of -1.69% and 74% buy order activity.
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