Akash Network, a decentralized cloud computing marketplace, has officially confirmed its migration to the Solana blockchain after its community overwhelmingly passed a critical governance vote. The move, greenlit by Proposal 346 on November 2, sets in motion a plan that will fundamentally reshape the project’s tokenomics, ending its current inflation-funded staking rewards and introducing a new model for its native AKT token.
The decision marks a pivotal moment for Akash, which will transition from its own sovereign Cosmos-based chain to leverage Solana’s infrastructure. While the migration promises significant cost savings and deeper integration with Solana’s burgeoning Decentralized Physical Infrastructure (DePIN) ecosystem, it presents a major shift for token holders who currently earn an estimated 4.13% APY from staking.
Finalizes Solana move overhauling
The path to Solana was paved by Governance Proposal 346, which ran from October 26 to November 2, 2026. The result was a resounding endorsement from the Akash community.
Final tallies showed that between 97% and 98.7% of votes were in favor of the migration, with approximately 59.98 million AKT voting “Yes” against just 796,000 “No” votes. This decisive outcome was driven by a high turnout, with nearly 69% of the bonded stake participating, far exceeding the 33.4% quorum required.
Akash founder Greg Osuri declared the move official shortly after voting began, noting the community “passed the proposal in record time.” This strong mandate authorizes the core team to proceed with the technical steps of the migration, although it’s important to note this is a multi-stage process.
The passing of Proposal 346 specifically approves the token migration, but a separate, future vote will be required to authorize the full cutover of the marketplace itself. The project is one of several emerging altcoins solving real world problems by creating new models for resource sharing.
A phased transition explained
The migration is not a single event but a carefully sequenced plan. The first phase involves the token itself. Following the completion of two independent audits, a new version of the AKT token will launch on Solana as an SPL token. This is expected to occur within two to three weeks of the proposal’s passage.
A one-way migration portal will then open, allowing current AKT holders to convert their Cosmos-based tokens to the new Solana-based SPL AKT on a 1:1 basis. This portal will remain operational for two years. To migrate, users with staked tokens must first undergo a 21-day unbonding period.
The total token supply will not change, as the old tokens will be removed from circulation as new ones are created on Solana.
The second major phase is the marketplace cutover. This will only happen after further audits and migration rehearsals are completed, and it will require a separate community vote. Once the marketplace officially moves, the old Cosmos chain, `akashnet-2`, will enter a 90-day wind-down period to allow compute customers to transition their workloads before it is permanently halted.
A new economic model for AKT staking
The most significant change for many token holders is the end of existing staking rewards. Currently, stakers secure the Akash network and earn a share of inflation-funded rewards. These rewards will cease at the point of the marketplace cutover, not the initial token launch. Validator roles and their associated income will officially end 90 days later when the old chain is halted.
However, this doesn’t mean new AKT issuance will stop entirely. According to the project’s AEP-79 design proposal, a new economic framework will allow for continued AKT emissions. Crucially, these new tokens will be directed toward provider incentives and the community treasury, not passive staking rewards for all holders.
This means a holder could see their share of the total supply diluted if they are not an active participant, like a compute provider. The specifics of what decentralized governance entails will be critical in shaping these new parameters.
Unanswered questions and future proposals
While the direction is set, key details remain unresolved. The exact numerical curve for the new emissions—including the rate, decay, and a potential hard cap—is still subject to economic modeling and a future governance vote.
Akash leadership has committed to publishing this emissions curve, along with details on new staking mechanisms, before the final marketplace cutover proposal is put to a vote. This ensures the community will have a clearer picture of the new economic reality before fully committing the entire platform to Solana.
The transition also means Akash will lose its native Inter-Blockchain Communication (IBC) protocol connectivity. Any future links to the Cosmos ecosystem would have to rely on third-party bridges. This trade-off is part of a larger strategic calculation that bets on the benefits of a single, high-performance L1 outweighing the advantages of being a sovereign, interconnected chain.
The strategic pivot to Solana’s ecosystem
The decision to migrate was driven by a clear strategic vision. Overclock Labs, the core developer behind Akash, began exploring shared security options in late 2025. After the Solana Foundation responded in mid-2026 with a detailed plan, the choice became clear. The primary motivations are cost, performance, and ecosystem access.
Akash estimates that running its marketplace transactions will be about 9 times cheaper on Solana than on an Ethereum Layer-2 on a typical day, and up to 300 times cheaper during periods of high network load.
Beyond cost, the move plugs Akash directly into Solana’s DePIN ecosystem, which now comprises over 50 projects with a combined value of around $3.5 billion. This allows Akash to tap into a shared user base, developer tooling, and liquidity, rather than building it all from scratch.
By offloading the cost and complexity of maintaining its own blockchain, the Akash team can focus entirely on developing its core product: the decentralized cloud marketplace. This is a clear example of projects leveraging Solana’s architecture for decentralized applications to achieve greater scale and efficiency.
The migration represents a calculated trade-off. Akash is relinquishing the sovereignty and native interoperability of the Cosmos ecosystem in exchange for the raw throughput, low transaction fees, and network effects of Solana. The community has given its clear approval for this new direction.
Now, the project’s success will hinge on the careful execution of the technical migration and the final details of the economic model that will define the next chapter for AKT holders and the Akash Network.