Akash's governance proposal to migrate to Solana passed with 97.27% of votes in favor, with nearly 70% of staked AKT participating. The project frames the move as bringing its decentralized cloud to what it calls the most active DePIN ecosystem in crypto, keeping the same mission on a larger stage. A migration timeline is forthcoming, and token holders will have two full years to migrate, with no immediate pressure. The team said most members are excited about the move and has published details on its reasoning.

AI summary of the linked source — not editorial content.

Story signal · how it spread on X · via Elfa

as of
Spread
i
Distinct X and Telegram accounts Elfa counted behind this story’s reports, summed over the thread. Not posts, not impressions.
12 accounts

1 report
first post
Leviathan +16.7 h later

AKT reaction
i
Price change from the first post to 24 hours later (CoinGecko). BTC over the same window is shown so a market-wide move is not mistaken for a reaction to this story. Not advice.
−0.6% 24h after post

$0.6027 → $0.5990
BTC −1.4% same window
Elfa measured −0.8% 1d · still measuring

SOL reaction
i
Price change from the first post to 24 hours later (Hyperliquid). BTC over the same window is shown so a market-wide move is not mistaken for a reaction to this story. Not advice.
−2.1% 24h after post

$94.18 → $92.20
BTC −1.1% same window

Thread · 2 events · started 26 Oct 15:19 · last update 2 Nov 13:10
  1. Thread startAkash team asks users to vote on proposal to migrate Akash to Solana4 acc.
  2. UpdateAkash governance approves migration from Cosmos to Solana12 acc.
  3. Leviathan published this article

All times UTC.

Cited posts

  • @nulltxnews Null TX 🕷On X ↗

    🚨 #Akashnet just cleared its Solana migration vote at 97%… but 4 more on-chain decisions still stand in the way Read full story: https://t.co/0iVskYrjJe Prop 346 passed, greenlighting the #Cosmos → Solana move and a 2-year one-way AKT portal. The marketplace itself isn’t…

  • @AltcoinsFrance Altcoins France 🇫🇷On X ↗

    Le vote de gouvernance visant à migrer Akash Network de Cosmos vers Solana se termine aujourd'hui. 📊 Les résultats provisoires : → 97,26 % de votes favorables, représentant 59,95 millions de $AKT. → 69,58 % de participation, largement au-dessus du quorum requis de 33,4 %.… https://t.co/KrpSFJGAho

  • @MartiniGuyYT That Martini Guy ₿First reportOn X ↗

    Akash is considering a pretty major change. The project is voting to move its network from Cosmos to Solana, with the governance vote closing later today. If approved, AKT will migrate 1:1 into a Solana SPL token following two independent security audits. The interesting part…

Show 3 more cited posts
  • @SolanaCompass Solana 🧭 CompassOn X ↗

    Akash Network is leaving its own blockchain for Solana. AKT holders approved Prop 346 when voting closed on 2 November. By our count of the on-chain tally, 97% of the votes cast said Yes.@akashnet runs a marketplace where people rent GPUs and servers from independent… https://t.co/JlVdoHkl8z

  • @CosmosEcosystem ⚛️ Cosmos Ecosystem ⚛️On X ↗

    Akash Network governance #Prop 346 has passed. Akash is moving to Solana ▶️ https://t.co/bzvDcsG7gZ

  • @LongtermR 𝐋𝐨𝐧𝐠𝐓𝐞𝐫𝐦®📊🏆On X ↗

    $AKT holders are voting to move Akash to Solana, with over 98% in favor so far. AkashML was already serving 10B+ inference tokens a day by July. Out of the 2024 downtrend and printing higher lows since February. 🤝

6 more accounts posted about this

TradersTrader calls tracked by Elfa · not advice

Positioning · AKT

Open24 open positions · 23 long · 1 short

Tracked accounts lean long about 97% of the time, so a long-heavy book is normal, not a signal. As of 2 Nov 15:50 UTC.

Reaction since the first post

Since 2 Nov 10:00 UTC1 calls opened · 1 long · 0 short

Whole crypto market, not this story

Crowding5th percentile · vs last 28 days, 50 typical
Pulse 24h28/100 · unusualness of new calls, 0–100, 50 typical, higher means more long than usual
Book96.9% long · 10,698 accounts

As of 3 Nov 02:40 UTC.

Social-monitoring data, not investment advice Elfa prices CoinGecko prices Hyperliquid post text from Xas of

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