Akash Network proposal to leave Cosmos for Solana shows ~98% support, AKT to become SPL token

GOVERNANCEAkash Network proposal to leaveCosmos for Solana shows ~98%support, AKT to become SPL token53IMPORTANCEACTIVE2NEWS MEDIA3PIECESOct 26, 2026 21:06blockboard.net

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

Claim by claim, with its source
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The vote showed about 98% support for the move, and AKT would become an SPL token.
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Akash Network proposal 346 opened a vote to move AKT from Cosmos to Solana.
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The migration plan includes a one-way AKT token conversion.

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

AK Akash Network it is the asset of the company or protocol in the event from 2 h before to 4 h after the line marks the first headline
published
-0.58 % before publication
+0.22 % after
$1price at publication
9series points

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.

+2 min
Oct 26 21:19
Crypto Briefing echo
No new facts: potentially, influencing, confidence
+22 min
Oct 26 21:39
The Defiant context
Its angle: marketplace, conversion, authorize

Has this happened before?

WhenWhat happenedFigure
26 days ago Marinade Says Council Blocked DAO Takeover Attempt event 1 actors in common · 3 news media