Akash Network proposal to leave Cosmos for Solana shows ~98% support, AKT to become SPL token
Published Updated 3 new reports since it was first published
Akash Network has a proposal open to move its AKT token from Cosmos to Solana, and the vote has shown about 98% support. The move would make AKT an SPL token, and the plan also includes a one-way conversion path and a later vote tied to staking rewards ending at marketplace cutover.
What this rests on
What it means
Akash Network sits at the center of the DePIN stack, where token design, staking, and marketplace access are all tied together. A move from Cosmos to Solana changes the base on which AKT is issued and used, and Solana’s broader developer and user footprint is part of why this migration is getting attention. The proposal is not just a branding shift; it touches how the network’s token and marketplace functions are organized.
For AKT holders and builders around Akash, a Solana migration means the token and surrounding tooling have to fit a different chain environment. The one-way conversion and the later staking-reward change mean participants would face a structured transition rather than an immediate switch. Builders integrating with Akash’s marketplace would need to follow the token and network changes closely.
The larger issue is the pull between Cosmos-native sovereignty and Solana’s larger application and liquidity environment. Moving a DePIN project’s token to another chain can simplify some integrations while also shifting dependence onto a different ecosystem’s rules, infrastructure, and conventions. It also shows how token migrations are becoming part of competitive chain strategy, not just technical housekeeping.
Still unresolved is how the migration will be carried out in practice and what the later marketplace vote will decide. The proposal language already points to a staged process, but the final mechanics of token conversion, staking, and marketplace timing are not settled in the material here. Whether the network completes the change on the announced path depends on the remaining governance steps.
Market reaction
The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.
How the story was built
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
Has this happened before?
| When | What happened | Figure |
|---|---|---|
| 26 days ago | Marinade Says Council Blocked DAO Takeover Attempt event | 1 actors in common · 3 news media |