Akash Network governance passed Proposal #346 on its Cosmos chain with roughly 98% approval, authorizing a full migration to the Solana blockchain. Under the approved plan, the AKT token will relaunch as a Solana SPL token at a 1:1 ratio. The move follows an evaluation process begun in December 2025 to align with Solana's DePIN ecosystem. While token conversion through a two-year portal begins after audits, moving the marketplace itself requires a subsequent governance vote.
Proposal #346 voting and approval
- ▪Voting on Akash Network Governance Proposal #346 took place from October 26 to November 2, 2026
- ▪Akash Network passed Governance Proposal #346 on its Cosmos-based akashnet-2 chain with approximately 98% approval to migrate the network from Cosmos to Solana
AKT token conversion details
- ▪Akash Network's AKT token will convert to a Solana SPL token at a 1:1 rate under Proposal #346, preserving its current ticker, total supply, and six decimal places
- ▪The AKT token conversion portal is scheduled to open after a two-to-three-week audit period following Proposal #346's passage and will remain open for two years
Marketplace cutover and chain retirement
- ▪Moving Akash Network's computing marketplace from Cosmos to Solana requires a separate governance vote following additional audits and rehearsals
- ▪Akash Network plans to retire its sovereign Cosmos blockchain entirely during its migration to Solana, with no option to reverse the move back to Cosmos
Reasons for selecting Solana
- ▪Research findings cited by Crypto Briefing on Akash Network's migration to Solana state that transitioning to Solana allows Akash Network to access Solana's liquidity and active user base
- ▪Akash Network selected Solana in part due to Solana's concentration of decentralized physical infrastructure networks (DePIN) projects
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