The AKT token of the Akash network has been launched on Solana and has begun to migrate to Cosmos.
2026-11-13 14:04:04
According to CoinMeta, the native AKT token of the Akash network was launched on Solana via Sunrise on November 12th. Holders can now access the blockchain's decentralized finance ecosystem, and the project has begun planning to migrate from Cosmos. It has been confirmed that AKT can be used to access multiple applications through Sunrise, including Jupiter, Raydium, Phantom, etc. This launch follows closely on the opening of the official migration portal Akash, which allows existing token holders to transfer AKT from the Cosmos blockchain to the Solana blockchain at a 1:1 ratio. Akash operates a decentralized cloud computing market, where developers and AI companies can rent GPU resources from independent providers. According to Solana's data, the network has processed approximately 644,000 computing rentals during its six years of operation. The migration portal was opened on November 12th and will be available for two years. Akash indicates that holders do not need to transfer their tokens immediately, especially those who are currently earning staking rewards.
Source:Cryptonews
This content is for market information only and does not constitute investment advice.
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