akash network11
$AKT
MCAP120.50M
-0.09%

what's akash network?

Akash Network is a decentralized cloud computing marketplace powered by blockchain technology, enabling users to buy and sell computing resources in a secure and efficient manner. It provides an open-source platform that connects developers with providers of idle computing power, offering scalable hosting services at lower costs compared to traditional cloud providers. Key features include support for high-performance GPUs like NVIDIA H100 and A100 for AI workloads, integrations with major data centers, and incentive programs such as the Utilization Guarantee Incentive (UGI) to attract providers. The network promotes decentralization to address inefficiencies in centralized cloud infrastructure, fostering a permissionless ecosystem for AI and application deployment.

Snapshot

Akash processes 50B tokens/month on OpenRouter; partners Care.Nodes for healthcare data.

contract

akash

archway

osmosis

1D ago
ONCHAIN METRICS

Akash ML processes 50 billion tokens per month on OpenRouter.

3D ago
PARTNERSHIP

Partners with Care.Nodes platform to enable healthcare patient data ownership.

4D ago
VISIBILITY EVENT

Featured in IEEE Spectrum publication on April 9, 2026.

2W ago
MARKET ACTIVITY

Spiked 20% to $0.417 following BME proposal buzz, with open interest increasing 136%.

ONCHAIN METRICS

Network revenue in USD decreased 46% quarter-over-quarter to $463,200 in Q4 2025.

ONCHAIN METRICS

Generated $15M in revenue by January 2026

TECH EVENT

Launched AkashML, a managed inference layer for AI deployment on decentralized GPUs, in Q4 2025.

ONCHAIN METRICS

Reached 831,500 AKT in Q4 2025, up 16% quarter-over-quarter.

ONCHAIN METRICS

Average GPU usage reached 198 GPUs in Q4 2025, down 46% quarter-over-quarter.

MARKET ACTIVITY

Reclaimed the #4 position by IBC volume, moving ahead of BABY token which dropped to #5.

VISIBILITY EVENT

Included in Grayscale's Q1 2026 Top 20 AI sector list, based on volatility-adjusted returns, with $0.1B market cap.

3W ago
ONCHAIN METRICS

Generated $0.74M in revenue during Q1 2026.

1M ago
OPINION SPECULATION

Ranked 10th among DePIN tokens by year-to-date performance (Mar 10, 2026) with +21.8% gains; achieved +30.6% price performance during Q1 2026.

TECH EVENT

BME Proposal vote deadline occurs on 2026-03-14

MARKET ACTIVITY

Listed on Kraken as the first US exchange to list AKT token.

TECH EVENT

Doubled cloud compute capacity for AI workloads, launching Akash Homenode to trade home compute surplus.

ONCHAIN METRICS

Generated $0.83M in revenue over the 30-day period ending in January 2026.

2M ago
ONCHAIN METRICS

Achieved quarterly revenue of $5.7 million and operates 327,000 verified GPUs across its decentralized compute network.

PARTNERSHIP

Partners with Equinix Metal and NVIDIA

ONCHAIN METRICS

Generated $179K in fees over a 7-day period, ranking 6th among AI tokens by revenue.

VISIBILITY EVENT

Co-hosted Open Agent Hackathon with Venice in San Francisco on 2026-02-25, focused on building local agents on local LLMs and multimodal AI systems using open, private inference.

MARKET ACTIVITY

Nansen will sunset validator support on February 12, 2026.

FINANCIAL EVENT

Offers staking rewards program on Crypto.com with 16% APY, 14-day lockup period, limited to first 210,000 AKT allocated, running from 2026-01-22 to 2026-02-05.

ONCHAIN METRICS

Dropped out of top 5 IBC volume rankings, replaced by TIA. Previously ranked fifth with $470,000 weekly IBC transfer volume (week ending March 12, 2026).

ONCHAIN METRICS

Generated $2.5M in total fees year-to-date in 2026.

3M ago
VISIBILITY EVENT

Featured in CoinMarketCap's weekly AI sector roundup, crypto Twitter's 'OG AI infrastructure projects', and ranked B Tier in an 'AI Crypto Tier List 2026'. Described as a low-cost, scalable DePIN compute marketplace for AI workloads.

TOKEN ECONOMICS

Returned 3,826,854 AKT to the community pool in 2025 from unused Provider Incentives Pilot (PIP) capital, including 2.1 million AKT in Q4.

ONCHAIN METRICS

Passed 1,000,000 deployments on the network.

ONCHAIN METRICS

Fee revenue increased 13% quarter-over-quarter in Q2 2025 measured in AKT terms.

ONCHAIN METRICS

CPU usage increased 14% quarter-over-quarter to 5,500 units.

PARTNERSHIP

Integrated with Akave Network to provide decentralized storage for builders deploying AI workloads, databases, and applications on the platform.

TECH EVENT

Completed upgrades to Console, API, and billing systems in Q3 2025 to support increased developer experimentation.

ONCHAIN METRICS

Reached 34,300 new leases in Q4 2025, up 28% quarter-over-quarter from 27,000 in Q3 2025.

Completed blockchain migration via shared security model (AEP-79), evaluating all major chains except TRON, BNB, and TON.

4M ago

Home node economics require substantial rework due to pricing complications.

AKT records $247K in revenue over the past 30 days.

A Cornell student trained an AI model on Akash Network after being unable to access GPUs from Amazon, and subsequently sold the company to NVIDIA.

Executed Mainnet 14 upgrade, migrating to Cosmos SDK v0.53, launched GPU rental marketplace v2, GPU rental demand spike projected Q1 2026.

Launches BME public testnet on 2026-02-17 for 14 days, including WASM smart contracts and Pyth-based price oracle deployment.

AKT token removed from Coinbase 50 Index during fourth-quarter institutional rebalancing.

Partnership with Gensyn and PluralisHQ to co-host community events at NeurIPS conference next week focused on decentralized AI.

New product launches targeting non-crypto users with Akash network backend, offering $100 in credits for new signups.

Privacy features for decentralized compute launch in February 2026.

AKT futures trading launches with up to 10x leverage on both EVM and Solana chains.

AI lab model evaluation use case shows 59% cost reduction compared to traditional cloud providers.

5M ago

Directs compute fees, including those from Akash ML usage, to buy and burn AKT via Burn-Mint Equilibrium model.

Adam Dean Wozney (Head of Community) participates as moderator at Schelling Point Buenos Aires on November 20.

Akash Network collaborates with Gensyn AI and Pluralis HQ to attend NeurIPS Conference 2025 in San Diego from December 3-5, 2025, hosting events centered on decentralized AI compute.

Launches Terraform Provider, allowing infrastructure deployment on the network with locally-controlled keys using Terraform infrastructure-as-code tooling.

Akash Chat API users get platform access starting Monday. (Tweet ID: 1986553823238717654)

Virtual Machines launch soon on the platform, expanding beyond current container-only infrastructure to provide developers full flexibility and enable broader enterprise adoption.

Launches Student Ambassador Program with 8 ambassadors from 4 universities gathering in Austin, TX to conduct campus workshops and hackathons.

Introduced Burn Mint Equilibrium (BME) hard fork March 23, 2026, enabling permanent token burns on GPU compute usage and WASM smart contract support. Burned over 100,000 AKT in less than 20 days since BME launch, making AKT supply proportional to network usage.

Partners with SimplismartHQ to host an event for AI founders and ML engineers on November 5, 2025 in San Francisco focused on training, deploying, and scaling AI models.

During a recent AWS outage, Akash Network continues operating without interruption, showcasing the reliability of decentralized cloud infrastructure.

Completed Mainnet 14 upgrade, migrating to Cosmos SDK v0.53 in Q4 2025.

Upgraded Mainnet 14 to Cosmos SDK v0.53, deployed optimizations.

Ranks #7 among DePIN projects by social discussion volume with 845 posts.

Mainnet 14 upgrade occurs on October 28, 2025 at 13:23 UTC, with 60-90 minutes of expected downtime.

$AKT trends at #2 on CoinGecko in the past 3 hours.

A hackathon co-hosted with aitxcommunity and NVIDIA is underway.

Launches confidential computing feature in Q1 2026, enabling guaranteed privacy.

Official source alerts community about impersonation on LinkedIn, stating most profiles claiming to work at Overclock Labs/Akash are unknown to the team and cannot be removed.

SigeaOfficial remains operational on Akash during AWS outage, demonstrating uninterrupted service and decentralized cloud infrastructure resilience.

a16z includes Akash in their State of Crypto report.

Mainnet 14 upgrade proposal (Prop 308) goes live on-chain with execution at block 23939793, introducing Node v1.0 and technical improvements including IAVL Storage Upgrades, Expedited Governance Proposals, AEP-75 Multi-Depositor Escrow Account, and AEP-39 Lease Termination Reason.

A detailed roadmap through December 2026 reveals new features including Burn Mint Equilibrium tokenomics in November 2025, Virtual Machines in January 2026, and Utilization Guarantee Incentives in April 2026, with Shared Security Chain migration scheduled for December 2026. AkashML launches at PyTorch conference in October 2025.

Verifiable compute feature launches Q1 2026, combining confidential computing for integrity and verifiable resources for fairness to enable trust in AI workloads on unknown servers.

A new flashnote announces Akash Starcluster, a scaling solution for decentralized AI infrastructure.

Mainnet 14 upgrade scheduled for October 27th after successful simulation, upgrading to Cosmos SDK v0.53 to resolve 8 years of legacy technical debt with monthly feature releases planned post-upgrade. On-chain proposal goes live October 20th.

The chain migration evaluation is now active with 15 ecosystems under consideration, excluding Cardano, Binance, Tron, and TON. The migration targets a shared security chain architecture with a public community-driven decision process.

6M ago

The team works on simplifying nanochat model training on the network, with 8×H100 GPU nodes available at $100 for 4 hours to enable affordable AI model training for individuals and small teams.

Solana emerges as a potential migration target for the network's planned move away from Cosmos. The network becomes a Platinum Sponsor of PyTorch Conference in San Francisco on October 22-23, 2025.

Akash announces deprecation of its current L1 chain and plans to migrate to a different chain for enhanced security, maintaining IBC compatibility. An RFP process will launch in coming weeks to evaluate potential chains within or outside Cosmos ecosystem.

A joint event with Solana Foundation sells out, indicating strong community interest and new collaboration between the networks.

The network maintains a 50% utilization rate despite growing supply and announces a breakthrough in continuous verification technology after five years of research. New capabilities including virtual machines and bare metal scheduling are being developed, along with a continuous market buy mechanism to align AKT demand with on-chain revenue and reduce circulating supply.

Network reports >99.99% uptime performance metric as competitive advantage over traditional cloud providers.

Decentralized AI training capability launches on Akash through partnership with Pluralis Research, enabling distributed GPU training and creating new demand opportunities for low-powered GPUs on the network.

Core team announces redesigned AKT burn mechanism to increase token demand and make AKT the only payment method on the network. New inference products are launching next month, along with new offerings Akash Starcluster and Akash Homenode.

7M ago

Akash joins coalition of DePIN leaders submitting formal response to Senate Banking Committee on digital asset market structure legislation, requesting legal definition for DePINs and regulatory clarity pathway.

Announces hardware attestation feature enabling providers to verify their actual CPU and GPU hardware through Intel TDX, AMD SEV-SNP, and NVIDIA NVTrust remote attestation technologies.

New client case study with Envision Labs shows 30% GPU spending reduction through Akash Supercloud integration.

Announces Platinum Sponsorship of PyTorch Conference happening October 22-23 in San Francisco, focusing on open-source AI and ML development.

Sponsors TOKEN2049 conference with booth presence and Greg Osuri delivering a talk on AI & DePIN innovation.

AkashML AI inference product nearing launch with signup available for exclusive updates.

Major technological breakthrough solves trustless general-purpose compute verification with Rolling ZK Resource Receipts technology, whitepaper coming soon.

Launches Confidential Computing feature for secure, decentralized cloud services targeting AI and privacy-sensitive workloads.

Becomes prominent compute provider for Sentient GRID's decentralized infrastructure.

Hardware Verification via Attestation system launches, enabling enhanced security verification for decentralized computing resources.

Confirmed sponsorship of Token2049 Singapore 2025 (Oct 1-2), focusing on decentralized cloud computing for AI demonstrations.

AEP-12 protocol upgrade introduces Trusted Execution Environments for secure AI verification on network.

AkashML debuts as high-performance AI inference service with early access registration now open.

Nous Research's Hermes 4 405B model integrating with Chat and API services

New 'Akash at Home' initiative launches to integrate household edge computing devices into the network.

Starcluster MVP launching soon, enabling home-based datacenter infrastructure for AI operations.

Earnings API launches for providers, enabling automated payouts and real-time revenue tracking integration.

8M ago

OpenAI's state-of-the-art reasoning model to be integrated into Akash Chat, with SDL template for self-hosting deployment. AMD GPU support under verification for infrastructure expansion.

NVIDIA Blackwell B200 & B300 GPUs to be integrated into Supercloud infrastructure for enhanced AI capabilities.

Sponsors and exhibits at Token2049 Singapore, October 1-2, 2025, showcasing DePIN scaling solutions.

Military confirms active usage of network for intelligence operations, leveraging cryptographic identity protection.