- 1. Key Takeaways
- 2. Akash Network (AKT) Key Data (October 2026)
- 3. What Is Akash Network (AKT)?
- 4. Akash AI: How Akash Is Used for AI
- 5. Akash Network News: What Has Happened in 2026
- 6. Akash Network Price History
- 7. Akash Price Prediction 2026 to 2040: Summary
- 8. AKT Price Prediction 2026
- 9. AKT Price Prediction 2027 and 2028
- 10. AKT Price Prediction 2030
- 11. AKT Price Prediction 2035 and 2040
- 12. How Does Akash Network Compare to Other Blockchain Platforms?
- 13. What Drives the AKT Price?
- 14. Can AKT Reach $5 or Return to Its High?
- 15. Key Risks of Akash Network
- 16. Akash Network News: Where to Follow Updates
- 17. Where to Buy AKT Safely
- 18. Is Akash Network (AKT) a Good Investment?
- 19. Frequently Asked Questions
Last Updated: October 30, 2026
Quick Answer: Akash Network (AKT) trades near $0.62 as of October 30, 2026, with a market cap of about $186 million (#134 on CoinMarketCap). It is up about 75% in 2026 but about 92% below its 2021 all-time high. The two forecast models we use put AKT between about $0.26 (CoinLore) and $0.71 (CoinCodex) at the end of 2026, and between about $1.08 and $1.97 in 2030. On October 26, Akash’s core team said it plans to propose moving the network from its own Cosmos chain to Solana, with AKT migrating 1:1.
Akash is a decentralized cloud marketplace where people rent computing power, including GPUs for AI, from independent providers. In March 2026 it switched to a “burn mint equilibrium” model in which tenants burn AKT to get dollar-priced compute credits.
Key Takeaways
- AKT trades about 92% below its all-time high of $8.08 from April 2021 and about 3.7 times its all-time low of $0.167 from November 2022
- The token is up about 75% in 2026 but down about 18% over 12 months
- Burn mint equilibrium (BME) went live with the Mainnet 17 upgrade on March 23, 2026, after governance Proposal #318
- Solana migration: a plan published on October 26 still needs an on-chain vote, and no cutover date is set
- About 299 million AKT circulate, 77% of the 388.5 million maximum supply on CoinMarketCap
- CoinCodex expects about $0.71 at the end of 2026 and CoinLore’s base case is $0.26; both central estimates for 2030 are above today’s price
Akash Network (AKT) Key Data (October 2026)
| Metric | Value |
|---|---|
| Price (October 30, 2026) | About $0.62 |
| Market Cap | About $186M |
| Fully Diluted Valuation | About $241M |
| CoinMarketCap Rank | #134 |
| 24h Trading Volume | About $9.6M |
| Circulating Supply | About 299.3 million AKT (77% of max) |
| Max Supply | 388.5 million AKT |
| All-Time High | $8.08 (April 6, 2021) |
| Drop From ATH | About 92% |
| All-Time Low | $0.167 (November 21, 2022) |
| 2026 Range | $0.255 (February 6) to $0.947 (May 25) |
| 2025 Close | About $0.354 |
| Network | Akash (Cosmos SDK chain); Solana move proposed |
Sources: CoinMarketCap and CoinGecko, data as of October 30, 2026, 10:33 UTC. CoinMarketCap’s month-end data implies circulating supply grew about 5% in 2026, from about 285 million AKT.
What Is Akash Network (AKT)?
Akash Network is a decentralized cloud computing marketplace. Tenants post the resources they need, such as CPUs, storage or GPUs, and independent providers bid to host their workloads. Akash runs its own blockchain, akashnet-2, built with the Cosmos SDK. More details are on the official Akash Network website.
Main features and use cases of AKT:
- Paying for compute: since March 2026, tenants burn AKT to mint ACT, a dollar-pegged lease credit
- Staking and security: AKT holders stake with validators to secure the current chain and earn rewards
- Governance: AKT holders vote on network upgrades and proposals, such as the BME change and, if submitted, the Solana migration
- Provider income: providers are paid in newly minted AKT when ACT is settled
Akash AI: How Akash Is Used for AI
Akash’s main growth market is AI. Developers rent GPUs on the marketplace to train and run AI models, and the official blog featured “5 New Exciting AI Apps Built on Akash in 2026” in May. Its 2026 roadmap lists confidential compute through Kata Containers and an Akash HomeNode MVP, for running providers on home hardware, as completed, while hardware verification through trusted execution still carries an estimated date.
Akash Network News: What Has Happened in 2026
Burn mint equilibrium goes live. After a two-week incentivized testnet that ended March 4, Akash put BME to an on-chain vote as Proposal #318 on March 7. Akash’s March 18 post says it “has been approved on-chain,” and the 2026 roadmap gives March 23 as the completion date of BME with the Mainnet 17 upgrade. Under BME, a tenant burns AKT to mint ACT, “a non-transferable, USD-pegged compute credit”; when the workload is paid, the network mints new AKT for the provider. The explainer says “BME replaces traditional inflation with a burn-and-mint mechanism.” The roadmap lists CosmWasm smart contracts, an on-chain oracle module and Pyth price feeds with the same date.
New products. Akash introduced Console Air, a self-custodial version of its deployment console, on May 5. Its roadmap lists a unified command line tool as completed on October 8, while virtual machines and a managed services market still carry estimated dates.
Planned move to Solana. On October 26, Greg Osuri published “Why We Selected Solana for Akash” on the official blog. The core team plans to propose leaving the Cosmos chain, known as akashnet-2, and rebuilding the marketplace as native programs on Solana. According to the post:
- “AKT moves 1:1 with the same ticker and 6 decimals,” as a Solana token, through a one-way portal open for two years
- ACT stays as the payment credit for leases, while “Gas Fees will be in SOL”
- staked AKT must be unbonded, which takes 21 days, before migrating; “Old-chain inflation, and with it staking rewards, ends at cutover,” and “New mechanisms for staking will be announced prior to cutover”
- about 100 validators currently “bond AKT only to secure consensus” on the old chain
- existing workloads keep running for 90 days after cutover
The post is not itself a vote. The migration proposal would pass with a 33.4% quorum and a majority of yes votes, a separate vote would set the cutover date, and “Cutover has no date yet.” The Solana token would launch only after two independent audits pass.
Akash Network Price History
| Date | Key Level (CoinMarketCap) |
|---|---|
| End of 2020 | $0.787 |
| April 6, 2021 | All-time high of $8.08 |
| End of 2021 | $1.90 |
| November 21, 2022 | All-time low of $0.167 |
| End of 2022 | $0.186 (down 90%) |
| End of 2023 | $2.45 (up about 13 times) |
| End of 2024 | $2.79 (up 14%) |
| End of 2025 | $0.354 (down 87%) |
| February 6, 2026 | 2026 low of $0.255 |
| May 25, 2026 | 2026 high of $0.947 |
| October 30, 2026 | About $0.62 |
AKT rallied in 2023 and early 2024, reaching a month-end market cap of about $1.1 billion in early 2024, then lost 87% in 2025. In 2026, AKT gained about 61% in March, the month BME went live, and about 52% in May, peaking on May 25. It is down about 4% in October.
Akash Price Prediction 2026 to 2040: Summary
| Year | Low (lowest model figure) | Median (of central forecasts) | High (highest model figure) |
|---|---|---|---|
| End of 2026 | $0.157 | $0.484 | $1.94 |
| 2027 | $0.258 | $1.79 | $6.46 |
| 2028 | $0.411 | $2.17 | $4.15 |
| 2030 | $0.647 | $1.53 | $5.25 |
| 2035 | $2.17 | $3.37 | $16.58 |
| 2040 | $3.91 | $6.12 | $23.18 |
How this table is built: every row summarizes the published forecasts of the two models we use, CoinCodex (page updated October 29, 2026) and CoinLore (October 30, 2026), not targets of our own. The low is the lowest published figure, the median is the midpoint of the two central figures (CoinCodex’s December average and CoinLore’s base case) and the high is the highest figure. We do not use Changelly’s AKT page: it is dated October 6 and was built when AKT traded near $0.76, about 22% above today’s price.
AKT Price Prediction 2026
| Source | Low | Central | High |
|---|---|---|---|
| CoinCodex (December 2026) | $0.704 | $0.706 | $0.707 |
| CoinLore (bear / base / bull) | $0.157 | $0.261 | $1.94 |
CoinCodex expects about $0.71 at year end, about 14% above today. CoinLore’s base case of $0.26 would be a fall of about 58%; its bull case of $1.94 is about 3.1 times today’s price. CoinCodex rates sentiment as bearish, with AKT below its 50-day moving average ($0.66) and just above its 200-day average ($0.62).
AKT Price Prediction 2027 and 2028
The models diverge sharply. CoinCodex expects a December 2027 average of $3.14 and $3.66 for 2028, about five to six times today’s price. CoinLore’s base cases are much lower, at $0.43 and $0.69, with bull cases of $6.46 and $3.10.
AKT Price Prediction 2030
| Source | Low | Central | High |
|---|---|---|---|
| CoinCodex (December 2030) | $1.96 | $1.97 | $1.98 |
| CoinLore (bear / base / bull) | $0.647 | $1.08 | $5.25 |
Both central estimates for 2030 are above today’s price: CoinLore’s base case of $1.08 would be a gain of about 74%, and CoinCodex’s $1.97 about 3.2 times today’s price. CoinLore’s page says AKT “could potentially reach $5.25 by 2030 in a bullish market case.”
AKT Price Prediction 2035 and 2040
For 2035, CoinCodex expects $3.13 and CoinLore’s base case is $3.61. For 2040, the central estimates are $4.08 (CoinCodex) and $8.15 (CoinLore), with CoinLore’s bull case at $23.18.
All forecasts are third-party model estimates, not investment advice. Neither model accounts for the planned Solana migration.
How Does Akash Network Compare to Other Blockchain Platforms?
Akash is not a general-purpose blockchain like Ethereum or Solana. It is a specialized marketplace for cloud computing, closer to decentralized infrastructure and AI compute projects such as Render, Filecoin and Bittensor. By market cap, AKT’s $186 million is smaller than Filecoin (about $704 million), Render (about $812 million) and Bittensor (about $2.7 billion), and larger than Livepeer (about $71 million).
What Drives the AKT Price?
- Compute demand: under BME, tenants burn AKT to mint the ACT that pays for leases, which links AKT demand to paid usage
- The Solana migration: the vote, audits, timing and any new staking model could affect demand and selling by current stakers
- Supply: about 23% of the maximum supply is not yet circulating
- The wider market: AKT tends to move with AI tokens such as Render and Fetch.ai, and with Bitcoin
Can AKT Reach $5 or Return to Its High?
Not on the central estimates through 2035. The first central estimate above $5 is CoinLore’s 2040 base case of $8.15, about the all-time high; CoinCodex’s 2040 figure is $4.08. CoinLore’s bull case first passes $5 in 2027. With about 299 million AKT in circulation, each price implies a market cap:
| AKT Price | Market Cap Needed (today’s supply) | Multiple of Today’s Price |
|---|---|---|
| $0.947 (2026 high) | About $284M | About 1.5x |
| $1 | About $299M | About 1.6x |
| $2.79 (end of 2024) | About $835M | About 4.5x |
| $5 | About $1.5B | About 8x |
| $8.08 (ATH) | About $2.4B | About 13x |
Key Risks of Akash Network
- Migration risk: moving to Solana requires governance approval, audits, a one-way token portal and a redeploy of workloads, and old-chain staking rewards would end at cutover
- Volatility: AKT fell 87% in 2025 and has moved by 50% or more in single months in 2026
- Competition: large cloud providers and other decentralized compute networks compete for the same AI workloads
- Dilution: new AKT is still minted to pay providers, and about 89 million more AKT can still enter circulation
- Model limits: the two models disagree widely, and neither accounts for the Solana plan
Akash Network News: Where to Follow Updates
Use official sources first: the Akash website, blog and roadmap at akash.network, on-chain governance proposals and the official Akash account on X. For price and supply, use CoinMarketCap or CoinGecko. During any migration, only follow portal links published on official channels; our guide on how to verify crypto news and rumors explains how to check claims.
Where to Buy AKT Safely
CoinMarketCap lists AKT spot markets on Coinbase Exchange, Kraken, Upbit, KuCoin, Gate, HTX, Crypto.com Exchange and Bitvavo, among others, and on Osmosis, a Cosmos decentralized exchange. Availability depends on your country. Today AKT is a Cosmos token, so use a wallet that supports the Akash chain, and watch for changes: if the migration is approved, AKT would move to Solana through a one-way portal. Our crypto wallets guide explains wallet types, and our Solana price prediction covers the network Akash plans to join.
Is Akash Network (AKT) a Good Investment?
That depends on your view of decentralized AI compute and your risk tolerance. Supporters point to the BME model, new AI features, a 75% gain in 2026 and the Solana plan. Critics point to a 92% fall from the high, an untested migration that would end current staking rewards, big cloud competitors and forecasts that disagree widely. For more forecasts, see our crypto price predictions.
Data sources: CoinMarketCap (price, market cap, supply, all-time high and low, price history, peer market caps, market pairs, data as of October 30, 2026), CoinGecko, the official Akash Network website, blog (including “What Burn-Mint Equilibrium Means for Akash,” March 18, 2026, and “Why We Selected Solana for Akash,” October 26, 2026) and 2026 roadmap, and the forecast pages of CoinCodex (October 29, 2026), CoinLore (October 30, 2026) and Changelly (October 6, 2026, not used).
Frequently Asked Questions
What is the Akash Network price prediction for 2026?
The two models we use put AKT between about $0.26 and $0.71 at the end of 2026, against a price of about $0.62 on October 30. CoinCodex expects a December average of about $0.71, about 14% higher, while CoinLore’s base case is $0.26, with a bull case of $1.94. Changelly’s page was not used because it is dated early October. These are third-party estimates.
What is the AKT price prediction for 2030?
Both central estimates for 2030 are above the late October price. CoinLore’s base case is $1.08, a gain of about 74%, and CoinCodex expects about $1.97, about 3.2 times today’s price. CoinLore’s bull case is $5.25, the figure its page headlines. Neither model accounts for the planned move to Solana, and long-range crypto forecasts are highly uncertain.
What is Akash Network?
Akash Network is a decentralized cloud marketplace where tenants rent computing power, including GPUs for AI, from independent providers who bid for their workloads. It has run its own Cosmos SDK blockchain since 2020, and AKT is used to pay for compute, to stake and to vote. In October 2026 its core team announced a plan to propose moving the marketplace to Solana.
What are the main features and use cases of AKT?
AKT is burned to mint ACT, the dollar-pegged credit tenants use to pay for leases, and new AKT is minted to pay providers. Holders stake AKT with validators to secure the current chain and earn rewards, and they vote on governance proposals, such as the BME upgrade in March 2026. About 299 million AKT circulate out of a 388.5 million maximum.
How is Akash used for AI?
Developers rent GPUs on Akash from independent providers to train and run AI models. In 2026, its roadmap lists confidential compute for sensitive workloads and a HomeNode MVP for home-based providers as completed, with hardware verification still in progress, and its blog highlighted AI apps built on the network. AI demand is the main growth market for Akash’s compute marketplace.
Is Akash Network moving to Solana?
Not yet. Akash’s core team said on October 26, 2026, that it plans to propose rebuilding the marketplace on Solana. AKT would move 1:1 through a one-way portal open for two years, leases would still be paid in ACT, and old-chain staking rewards would end at cutover. The proposal still needs an on-chain vote, and no cutover date has been set.
How does Akash Network compare to other blockchain platforms?
Akash is a specialized compute marketplace, not a general-purpose blockchain like Ethereum or Solana. It competes most directly with decentralized compute and storage projects. At about $186 million in late October 2026, AKT’s market cap was below Filecoin at about $704 million, Render at about $812 million and Bittensor at about $2.7 billion, but above Livepeer.
Is Akash Network a good investment?
That depends on your risk tolerance and your view of decentralized AI compute. Supporters cite the burn mint model that links AKT to usage, a 75% gain in 2026 and the Solana plan. Critics cite a 92% fall from the 2021 high, migration risk, the end of current staking rewards at cutover and competition from big cloud providers. The two forecast models we use disagree widely.
Nothing in this article is financial advice. Cryptocurrency investments carry substantial risk.