AKT is the native token of Akash Network. Akash is a decentralized cloud computing network that connects users needing computing resources with providers offering them; AKT is used for network security, governance, and on-chain operations.

Akash Network Price Today, Live Market & Historical Trend Chart

Q: What can AKT be used for?

Holders can use AKT for staking, meaning delegating or locking tokens in the network security mechanism to support proof-of-stake consensus. The voting power created through staking is also related to network governance, allowing token holders to participate in on-chain proposal decisions.

Q: Why do on-chain operations require AKT?

AKT can also pay Gas, the network fee required when submitting transactions on the Akash blockchain. Gas pays for transaction processing and helps the network resist meaningless transactions.

Q: What is the difference between ACT and AKT?

ACT is a non-transferable, dollar-pegged compute credit used to pay for Akash computing resources; it is not the same as AKT. Under the BME mechanism, users can burn AKT to mint ACT and prepay for computing resources needed for deployments with relatively stable pricing.

Q: How does compute usage affect AKT minting and burning?

Under the BME mechanism, when a tenant tops up compute credit, ACT is minted by burning AKT; after resources are used, ACT is burned and AKT is minted at the settlement-time price to pay providers. Therefore, changes in AKT supply are related to network compute usage and the settlement process.

Q: How does AKT function when using Akash cloud computing services?

When using Akash compute services, a tenant pays resource fees with ACT after obtaining it; providers complete settlement after delivering computing resources. Within this system, AKT continues to play a core role in staking, governance, and settlement-related functions.

Rank 183

$0.7217

-$0.0104(-1.43%)

Market Cap

$219.84M

24h High

$0.7598

24h Low

$0.7189

24h Turnover

$568.02K

Total Supply

291.81M

Market Sentiment

Neutral

Akash Network (AKT) Price Performance

View Akash Network (AKT) Price Prediction

Akash Network (AKT) has a Last Price of $0.7217, with a 24h change of -1.43%. The 24h low is $0.7189, the 24h high is $0.7598, and the 24h turnover is $568.02K. The current market cap is approximately $219.84M, ranking 183 by market cap and accounting for 0.004% of the total crypto market cap. The All-Time High is $8.0700 (⁦2021-04-06⁩), with a change from the All-Time High of -91.06%.

7 Days
+5.88%
Low
$0.6430
High
$0.7598
30 Days
+3.21%
Low
$0.6271
High
$0.8526
90 Days
+48.75%
Low
$0.4086
High
$0.8526
1 Year
+18.43%
Low
$0.2523
High
$0.9563

Fear & Greed Index

0 Extreme Fear100 Extreme Greed

Yesterday: 63; Greed
Last Week: 53; Normal
Last Month: 78; Greed

The Fear & Greed Index is currently 68/100, in the Greed zone; change from yesterday: +5, from last week: +15, and from last month: -10. Lower values indicate more fearful sentiment, while higher values indicate more greedy sentiment. This does not represent price change.

Why Did Akash Network (AKT) Fall in the Last 24 Hours?

In the order-book snapshot at 20:00 UTC on 2026-10-21, the top-five-level bid-to-ask depth ratio was 4.21, but a bid wall at 0.733 accounted for about 93.2% of top-five-level bids. If that order is canceled or filled, the support could weaken quickly. A larger sell order near 0.7366 could also limit near-term upside. This structure reflects the distribution of orders, not necessarily actual buying demand, and cannot by itself explain current movement. Technically, moving averages were bullish on the 1-hour and 4-hour charts, bearish on the 15-minute chart, and neutral on the daily chart. RSI was neutral across timeframes and MACD gave no signal, leaving the trend without strong confirmation.

About Akash Network (AKT)

Akash is a decentralized cloud computing market. It is a decentralized cloud (decloud) designed for defi, which can release 85% of the underutilized cloud computing capacity in 8.4 million data centers. Akash enables anyone to buy and sell unused computing power. Akash network is a fully autonomous rights and interests proof blockchain developed on Cosmos hub. It uses the native functional token Akash token (Akt) as the main means to govern and protect the blockchain, and provides a default mechanism to store and exchange value. Akt will serve as the reserve currency in Akash's multi currency and Multi Chain ecosystem, and ensure the economic security of the platform's public blockchain through pledge. We are implementing the economic model of Akash pass in stages. In order to properly compensate the suppliers on the network, we will first stabilize the pledge set so as to establish the economic value of Akt when the main network 1 is released. After the initial stage of network guidance is completed, we will start to study the Akash economic model to encourage suppliers to provide lower prices and encourage Pledgors to participate in the network for a long time.

Use Cases and Features

Akash Network is a decentralized cloud-computing network that connects demand for computing power with providers. AKT is used for staking to help secure the network, participating in on-chain governance, and paying Gas fees for on-chain transactions. Network deployments use ACT as computing credits: users pay resource fees with ACT after obtaining it, while providers deliver computing resources and complete settlement.

Supply and Issuance Mechanism

AKT is the network’s native asset. Under the Burn-Mint Equilibrium (BME) mechanism, users can burn AKT to mint non-transferable, USD-pegged computing credits called ACT; when computing is settled, the used ACT is burned and AKT is minted to providers at the price at that time. AKT supply therefore changes through computing top-ups, use, and settlement.

Cosmos Ecosystem

DePin

USDT

SOL Eco

Margin

Website

Explorers

How to Buy and Use Akash Network (AKT)

How to Buy

Buy in just four steps (Log in -> Verify -> Purchase -> Receive crypto)

Verify

Trade

Receive Assets

Related Markets

Spot

AKT/USDT

Trade

Futures

AKT/USDT

Trade

Margin3X

AKT/USDT

Trade

Simple Earn

Est.30-Day APR

0.1%

Akash Network (AKT) Basics & Market Insights

Fundamentals

What is Akash (AKT): Decentralized Cloud ComputingBeginner

What is Akash Network (AKT): Decentralized Cloud ComputingBeginner

What Is Akash Network (AKT)? Understanding Decentralized Cloud Computing and the AI GPU MarketplaceBeginner

Market Analysis

DePIN GPU Deep Dive: Which Has Greater Long-Term Growth Potential—AKT, RNDR, IO, or FIL?A Deep Dive into the Positioning and Differences of Akash, Render, io.net, and Filecoin in the Age of AI Computing Power2026-05-29

Akash Network: How Decentralized GPU Cloud Is Reshaping the AI Compute Supply StructureAkash Network has emerged as a focal point in the DePIN sector amid the narrative of GPU shortages, with AKT surging over 53% in the past 30 days.2026-05-29

AKT Leads Year-to-Date Gains: AI Meme Coin Sector Shifts Toward Revenue-Driven Valuation RestructuringAkash Network (AKT) has surged approximately 72% year-to-date, prompting a recalibration of valuation models across the AI altcoin sector. This article breaks down the pricing mechanisms, supply and demand dynamics, and the broader AI industry resonance of three key infrastructure tokens: AKT, TAO, and GRASS.2026-05-06

Frequently Asked Questions About Akash Network (AKT)

What is AKT?

What can AKT be used for?

Why do on-chain operations require AKT?

What is the difference between ACT and AKT?

How does compute usage affect AKT minting and burning?

How does AKT function when using Akash cloud computing services?

Risk Disclosure

Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results. Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.

Disclaimer

The information provided on this page is for general reference only and does not constitute any form of investment, financial, legal, tax, or trading advice, nor does it constitute any offer, solicitation, or recommendation. Gate makes no representations or warranties regarding the accuracy, completeness, or timeliness of the relevant information and assumes no liability for any losses arising from users' own decisions based on such information. Gate products and services may be restricted in certain jurisdictions or for certain users. Before using the relevant services, please ensure compliance with applicable laws and regulations, and refer to the User Agreement for provisions regarding restricted regions and service limitations.