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Akash Network

Decentralized cloud compute marketplace for containers

Overview

Akash Network runs a decentralized cloud compute marketplace where developers, businesses, and enthusiasts can deploy docker containers, blogs, and blockchain nodes at lower costs. Deployers set a price and providers bid to fulfill requests, with transactions settled on a Layer 1 blockchain using the AKT token. It stands out by being fully decentralized and open-source, offering self-sovereign control and a tokenized marketplace that removes centralized pricing. Its goal is to provide cost-effective, self-controlled cloud computing through a transparent, community-driven resource marketplace.

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About Akash Network

Simplify's Rating
Why Akash Network is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Data & AnalyticsEnterprise SoftwareCrypto & Web3

Company Size

1-10

Company Stage

Early VC

Total Funding

$2M

Headquarters

San Francisco, CA

Founded

2015

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What believers are saying

  • July 28, 2026 confidential compute unlocks sensitive AI workloads that rejected provider trust before.
  • May 28, 2026 peaq launched robotic.sh integration, opening autonomous robots and machines as customers.
  • Messari’s Q3 2026 update showed revenue rebounding about 73% quarter over quarter after March weakness.

What critics are saying

  • Q1 2026 lease revenue fell 45% to $253,250 while new leases rose, signaling monetization failure.
  • Messari counted only 58 active providers in Q1 2026, shrinking supply and worsening reliability.
  • Solana migration remains one-way and irreversible; execution delays or staker backlash can break AKT confidence.

What makes Akash Network unique

  • Akash’s reverse-auction marketplace undercuts hyperscalers by matching tenants with competing providers since 2020.
  • On July 28, 2026, Akash shipped confidential compute with one-line `params.tee` deployment support.
  • Akash chose Solana on October 26, 2026, targeting deeper liquidity and shared security.

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Funding

Total Funding

$2M

Above

Industry Average

Funded Over

1 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
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Benefits

  • Remote Work Options
  • Flexible Work Hours

Company News

Yahoo Finance
Nov 2nd, 2026
Akash Announces Migration to Solana to Power the Next Generation of AI Infrastructure

Akash Announces Migration to Solana to Power the Next Generation of AI Infrastructure

Coincub
Oct 29th, 2026
Akash Network (AKT) price prediction 2026-2030.

Akash Network (AKT) price prediction 2026-2030. * AKT traded near $0.67 on 26 October 2026, roughly 92% below its all-time high, with a market capitalisation of about $199 million. * More leases have yet to translate into more revenue: Q1 2026 lease activity rose 27.1%, while lease revenue fell 45%. * Compute spending now drives AKT burns through Burn-Mint Equilibrium, but burns remain too small to offset ongoing token issuance. * Akash's planned chain migration could bring new customers and liquidity, though the destination and implications for stakers remain unresolved. * The base-case forecast puts AKT at $0.60-$0.80 by year-end 2026, $0.75-$1.10 in 2027 and $1.10-$2.00 by 2030, depending on revenue growth and migration progress. Akash Network (AKT) traded at about $0.67 on 26 October 2026, giving it a circulating market capitalisation of roughly $199 million, according to CoinGecko. That is about 92% below the April 2021 high of $8.07. This forecast rests on fundamentals: what customers pay for compute, how much of it is burned as AKT, how fast supply grows, and what the planned chain migration means. What is Akash Network (AKT)? Akash Network is a decentralised cloud computing marketplace. Developers, called tenants, rent CPU, GPU and storage capacity from independent providers, who range from data centres to individuals running hardware at home. Providers bid for each deployment, which lets Akash undercut traditional clouds on many workloads, especially AI GPUs. The network has run as its own blockchain, built with the Cosmos SDK, since its first mainnet in September 2020. AKT is its native token. It secures the chain through staking, gives holders a vote in governance, and settles payments between tenants and providers. Since March 2026, compute spending has also been linked to AKT burns through a model called Burn-Mint Equilibrium (BME), explained below. | Metric | Value (26 October 2026) | | Price | About $0.67 | | Circulating market cap | About $199 million | | Circulating supply | About 299 million AKT | | Max supply parameter | About 388.5 million AKT | | All-time high | $8.07 (April 2021) | Akash Network price prediction at a glance. Akash Network fundamentals in 2026. Messari's Q1 2026 report shows lease activity rising while revenue fell. | Fundamental (Q1 2026) | Value | Change on Q4 2025 | | New leases | 43,540 | Up 27.1% | | Lease revenue | About $253,000 | Down 45% | | Total network fees | About $258,000 | Down 44% | | Average active providers | 58 | Down 8.4% | | AKT burned under BME (to 31 March) | 53,520 AKT | New metric | Annualising Q1 fees gives roughly $1.03 million a year, so today's $199 million market capitalisation equals about 190 times annual network fees. That multiple shows how much of the price rests on expected growth, and it anchors the scenarios below. Akash Network (AKT) price prediction for 2026. The biggest fundamental change of 2026 is BME, which went live with Mainnet 17 on 23 March 2026. Tenants keep paying in dollar terms, the network converts that spending into AKT through market purchases, and the AKT is burned. Providers are paid through ACT, a non-transferable, dollar-denominated credit that they redeem for AKT at settlement at the prevailing market price. Messari described BME as the first explicit deflation mechanism in the network's history. The burn is still small next to supply. The 53,520 AKT burned by the end of March equals less than 0.02% of circulating supply, and BME only reduces net supply when AKT rises between the time a tenant funds a lease and the time a provider settles it. With staking still issuing new tokens, the table assumes supply edges up to about 300 million by year end. With two months left, the base case of $0.60 to $0.80 assumes lease activity holds at its current pace. The bull case of $0.85 to $1.10 requires a confirmed migration partner or a clear rebound in lease revenue, while the bear case of $0.45 to $0.55 reflects revenue continuing to fall. AKT price prediction for 2027. The year 2027 should be the first full year after the chain migration. In October 2025, founder Greg Osuri announced that Akash would retire its sovereign Cosmos SDK chain and move to a shared security provider, and the AEP-79 request for proposals targets completion by 31 December 2026. As of late October 2026, no destination chain had been publicly confirmed, although Solana has been named a strong contender. The migration changes AKT's economics. Today a large share of AKT stays staked to secure the chain, and the roadmap describes a pay-per-use security model that frees that capital for the marketplace. A host ecosystem with deep liquidity and developer activity could lift lease demand, which underpins the base case of $0.75 to $1.10 and a bull case of $1.40 to $2.00. A delayed migration, or an unclear outcome for stakers, points to the bear range of $0.35 to $0.55. Akash Network price prediction 2030. The 2030 ranges depend on whether Akash becomes a meaningful supplier of AI compute, a market shaped by the data centre build-out covered in its analysis of AI and bitcoin competing for data centre capacity. Holding today's multiple of about 190 times fees constant shows what each case requires. The base case of $1.10 to $2.00 on 340 million AKT implies a market capitalisation of roughly $375 million to $680 million, which needs about $2 million to $3.5 million in annual fees, or two to three and a half times the Q1 2026 run rate. The bull case of $2.50 to $4.00, about $850 million to $1.36 billion, needs roughly $4.4 million to $7 million in fees. Multiples usually compress as networks mature, so real growth would likely need to exceed those figures. The bear case of $0.40 to $0.75 describes fees staying near current levels while centralised clouds and rival compute networks capture most of the growth. What could drive AKT higher? Several fundamentals could lift AKT above the base case. * Rising paid compute. BME links token demand directly to lease spending, so a sustained rise in revenue would make the burn material. * A strong migration partner. Joining a large ecosystem could bring new tenants, providers and liquidity. * Product expansion. Confidential compute arrived in July 2026, and roadmap items such as virtual machine support, reserved instances and preemptible instances target enterprise and AI workloads. What could push AKT lower? The same fundamentals carry clear risks. * Weak revenue. Lease revenue fell 45% in Q1 2026, and the burn stays small until that trend reverses. * Ongoing issuance. Staking rewards keep adding supply while burns are modest, which dilutes holders who do not stake. * Shrinking supply side. Active providers fell to 58 in Q1 2026, limiting the capacity Akash can sell. * Competition. Centralised clouds and other GPU networks compete on price and reliability. Akash Network price prediction methodology. The ranges come entirely from network fundamentals. Each scenario projects a market capitalisation from assumptions about lease revenue, network fees, burn volume and the success of the migration, then divides it by an assumed circulating supply. The supply path rises from about 300 million to 340 million AKT by 2030, reflecting staking issuance partly offset by burns, and stays below the 388.5 million maximum supply parameter. Supply figures differ between data providers, so the ranges are approximate. Is AKT a good investment? AKT offers direct exposure to decentralised AI compute, and BME links the token more closely to network usage. Against that, revenue fell sharply in early 2026, the migration is unresolved, and the valuation already prices in substantial growth. Staking rewards offset dilution, a trade-off explained in its guide to vetting crypto staking platforms. AKT suits investors comfortable with high volatility and execution risk. Frequently asked questions (FAQ). Can AKT reach $1? +. What is Burn-Mint Equilibrium? +.

Coinfomania
Oct 26th, 2026
Akash's move to Solana official after community vote.

Akash's move to Solana official after community vote. October 26th, 2026 The Akash community voted to transition to Solana, marking a pivotal shift. Here's why this matters for the ecosystem. Quick take. Summary is AI generated, newsroom reviewed. * Akash community officially approves transition to Solana. * The vote passed in record time, signaling strong support. * This shift may enhance Akash's performance and scalability. Sponsored: Elara - Elara Is Now Available On Robinhood Chain! Find Out More The Akash community has voted to transition its project to the Solana ecosystem, as confirmed in a widely shared post by @gregosuri. This decision, which passed in record time, is expected to bolster Akash's scalability and integration within a growing blockchain environment. The implications of this move could reshape how Akash operates within the decentralized cloud space. The latest. In a significant development, the Akash community has voted to officially move to the Solana network. This shift, highlighted in a retweet from Solana, marks a pivotal change for Akash and reflects strong community support. While the broader crypto market shows mixed signals, the enthusiasm for this transition indicates a potential for growth and new opportunities within the Solana ecosystem. Such moves are often indicative of the project's adaptability in a rapidly evolving landscape. Market snapshot. Currently, Akash's trading volume stands at zero, reflecting the cautious approach from traders following the announcement. The broader market context remains mixed, with varying momentum across major assets. However, the approval of this transition could attract renewed interest in Akash, especially as it aligns with Solana's robust infrastructure and growing adoption within the crypto community. Akash is a decentralized cloud computing platform that enables users to rent computing resources from providers. Its move to Solana, known for its high throughput and low fees, aims to enhance its operational efficiency and expand its user base. This transition falls under the jurisdiction of blockchain technology, which is regulated by various entities ensuring compliance and operational integrity. What traders are watching next. Traders should monitor how the integration of Akash into the Solana ecosystem unfolds. Key points of interest will include potential partnerships, network performance metrics, and community engagement levels. As Akash leverages Solana's capabilities, there may be significant follow-through in terms of user adoption and market traction, making it essential to keep an eye on these developments.

Akash Network
Jul 28th, 2026
Confidential compute comes to Akash.

Confidential compute comes to Akash. 5 Min. Read Jul 28, 2026 Decentralized compute has always faced an underlying question that requires a direct, transparent answer rather than a reassuring platitude: what prevents a completely unknown provider from accessing your data when you rent their GPU? Previously, the solution relied on provider reputation, security audits, and the assumption that operators lacked the time or incentive to inspect individual containers. While acceptable for minor tasks like hosting a game server, this baseline falls short when protecting sensitive medical records, proprietary algorithmic trading models, or core company intellectual property embedded in model weights. Akash is introducing a definitive solution today with the launch of confidential compute across the network. Workloads can now run inside hardware-enforced trusted execution environments (TEEs). In this setup, memory encryption is managed directly by the CPU, rendering the data inaccessible to the host operating system, the hypervisor, and anyone with physical access to the infrastructure. The most notable aspect of this feature is the minimal effort required to implement it. One line. Here is the entire SDL change: Integrating confidential computing requires no SDKs, rebuilt container images, separate orchestrators, or new deployment types. You simply utilize params.tee, which configures cpu for CPU-isolated workloads or cpu-gpu when an enclave-protected GPU is necessary. The marketplace handles matching seamlessly behind the scenes. The SDL builder translates the designated tee value into a placement requirement, ensuring only providers verifying confidential compute capability bid on your order. Rather than manually selecting a specific TEE vendor, the hardware infrastructure dictates whether you receive Intel TDX or AMD SEV-SNP, while provider software automatically provisions the appropriate runtime class. Once a lease is finalized, your container runs isolated within a Kata Containers micro-VM, utilizing a dedicated kernel and encrypted memory instead of sharing host kernel resources. If your configuration requests a GPU, pass-through is managed via VFIO into NVIDIA Confidential Computing mode, safeguarding all data moving across the PCIe bus with AES-GCM-256 encryption. Developed publicly under AEP-83 and inheriting foundations from AEP-65 and AEP-29, this architecture maintains a deliberately constrained SDL surface. By prioritizing the reuse of existing frameworks and minimizing new additions, confidential computing remains strictly opt-in, preserving current deployments entirely without disruption. A private LLM in one deployment. To demonstrate how this abstraction works in practice without overstating its simplicity, a complete, functional example called ollama-tee has been added to the awesome-akash repository. It runs Ollama with Llama 3.2 3B on a GPU, inside a TEE: Note the image: it's the stock ollama/ollama:latest from Docker Hub. Nothing in it knows or cares that it's running in an enclave. Deploy it, wait for the model to pull, and query it the way you'd query any Ollama instance: An ordinary API response, but with one crucial difference: the weights, prompt, and completion were all handled within memory that remains completely hidden from the machine's operator. This encapsulates the entire value proposition of confidential computing, explaining why the SDL modifications are restricted to a single line. Most people will simply avoid privacy measures if they demand a complete application rewrite. What this protects, and what it doesn't. Let's be exact about its security guarantees. Hardware Protection Capabilities: The CPU's memory encryption engine encrypts guest memory, keeping it hidden from the host OS, the hypervisor, or root operators on the machine. It also encrypts CPU-to-GPU communication via the PCIe bus, turns off GPU performance counters to eliminate side channels, and runs every workload with a dedicated kernel inside its own micro-VM. Limitations of TEE Configuration Alone: Simply requesting a TEE does not confirm that you are operating within a genuine, uncompromised environment, as isolation is distinct from proof. Verification requires remote attestation, which gathers signed data from within the VM (such as an SEV-SNP report or TDX quote, alongside GPU data from NVIDIA's NVTrust) to validate it against baseline measurements and generate a token for relying parties. In setups combining CPU and GPU TEEs, this becomes composite attestation, where the CPU TEE serves as the primary trust anchor for the GPU. While the ollama-tee demonstration highlights isolation and placement, it does not perform attestation. Because attestation is mandatory for regulated applications, Akash Network want to be straightforward instead of overstating TEE capabilities. Akash Network is currently developing tooling to integrate attestation as a smooth, integrated component of the deployment lifecycle. Akash Network should also note two technical details regarding Hopper GPUs: CPU-to-GPU data transfers within a TEE are restricted to roughly 4 GB/s due to a software bounce buffer, which slows down model loading rather than active inference. This bottleneck is resolved in Blackwell through PCIe IDE and TDISP. Additionally, NVLink communication between Hopper GPUs lacks encryption, which is important when sharding models, but Blackwell introduces NVLink encryption to fix this. Why this matters now. Historically, the exact workloads that stood to benefit the most from decentralized infrastructure were completely blocked from adopting it. For example, a medical network reviewing an AI diagnostics system cannot expose confidential health records to an unaudited machine. Similarly, engineering groups managing high-value proprietary model weights cannot risk deploying them to an unidentified operator. Furthermore, any autonomous agent managing client PII must fully comply with the privacy mandates bound to that data. The core obstacle for these operations has never been about infrastructure costs or hardware constraints, especially since Akash has continuously delivered compute resources at a fraction of traditional hyperscaler pricing. Instead, the real limitation stemmed from compliance; a policy requiring teams to simply "trust the operator" cannot serve as a verifiable security control within formal regulatory documentation. By introducing hardware-enforced confidentiality, reliance on operational trust is substituted with a far more narrow and verifiable premise: that the physical silicon executes precisely as specified by the manufacturer. This shift fundamentally alters the security dynamic, finally making decentralized compute accessible for sensitive, enterprise-grade workloads that require absolute data privacy. Get started. * Deploy the example: ollama-tee in awesome-akash * Read the spec: AEP-83 * Deploy from the browser: Akash Console * Bring questions: Akash Discord Because confidential compute remains opt-in and provider capacity is in its early stages, you might encounter initial challenges - such as receiving no bids, facing SDL validation errors, or discovering attestation questions left unanswered by the documentation. If you run into these obstacles, please reach out to Akash Network on Discord. The specification is completely open, the core implementation uses the Apache 2.0 license, and user feedback at this critical phase directly influences the final design.

Snow-Fall
Jul 18th, 2026
Crypto Race 2026 - In the bear market, staking is starting to make a difference.

Crypto Race 2026 - In the bear market, staking is starting to make a difference. July 18, 2026 checkpoint. The Crypto Race 2026 is still moving through a difficult phase. With the exception of Akash, every asset in Category 1 is now showing a negative return since the race began on January 3. In Category 2, only Gnosis remains ahead of Bitcoin. The main takeaway from this checkpoint comes from the comparison between the two rankings tracked since January: * without rewards, Bitcoin moves back into third place; * with rewards included, ATOM remains on the podium. After almost seven months, staking and node yields are therefore starting to affect the ranking in a concrete way. CAT 1 - Akash stumbles, Bitcoin moves up without accelerating. Akash remains well ahead, but loses another 9.6% over the week. Its performance since the beginning of the race falls back to +40.9%. The lead remains substantial: AKT still holds more than a 60-point advantage over Bittensor. However, the leader is no longer extending the gap and is gradually giving back part of its gains. Bittensor remains in second place despite a weekly decline of 8.8%. Its lead over Bitcoin is now limited to seven points. Bitcoin returns to the podium. Bitcoin ends the week almost unchanged, with a weekly move of −0.2%. That relative stability is enough to overtake ATOM, which fell by 5%, and reclaim third place in the ranking excluding rewards. BTC now shows a performance of −29.1%, compared with −30.2% for Cosmos. Only 1.1 points separate the two assets. Ethereum is the only CAT 1 asset to post a positive week, rising by 2.5%. ETH nevertheless remains seventh since the start of the race. Avalanche continues to sit at the bottom of the ranking with a performance of −52.6%. CAT 2 - Gnosis strengthens its position, Nolus drops back. Gnosis remains clearly in control of CAT 2. With a performance of −15.5%, GNO is still the only asset in this category outperforming Bitcoin. Its weekly gain of 5.4% strengthens that position further. Band Protocol moves up one place and returns to second. FLUX and Shentu also climb in the ranking despite posting negative weekly performances. Their rise is mainly explained by another sharp fall from Nolus. Nolus loses three places. Nolus falls by 30.2% in one week. Its performance since the start of the race drops to −66.5%. NLS moves directly from second to fifth place, overtaken by Band, FLUX, and Shentu. After spending a long period among the more resilient assets in CAT 2, Nolus has lost most of that advantage in just two weeks. Lava records the strongest weekly performance in the category, rising by 9.5%, but remains last with an overall decline of 88.2%. The main ranking is based on the price performance of each asset. Based on price alone, Bitcoin leads ATOM by 1.1 points. The ranking changes once the rewards accumulated since January are included. With rewards, ATOM keeps its podium position. The estimated rewards improve ATOM's performance by around six points. Cosmos therefore remains third ahead of Bitcoin in the ranking that includes staking. The same difference can be seen in CAT 2: The overall order remains unchanged, but the difference is significant for Band and Shentu. The specific case of FLUX. For FLUX, this is a node yield rather than staking. The current annual yield varies approximately between 37% and 47%, depending on the node tier. Based on price alone, FLUX currently shows a performance of −60.2%. Once an estimated node yield is included, the overall performance would be approximately: * −51.5% with an annual yield close to 37%; * −48.8% with an annual yield close to 47%. The result remains negative, but the gap compared with the token-only performance reaches almost ten points. Conclusion. Akash remains at the top of the Crypto Race 2026 despite another significant decline. Bittensor stays second. Bitcoin returns to third place in the ranking excluding rewards, ahead of ATOM. In CAT 2, Gnosis continues to dominate while Nolus falls by three positions. The main point of this checkpoint remains the difference between the two calculation methods. Without rewards, Bitcoin is third. With rewards included, ATOM keeps its podium position. After 196 days of racing, staking and node yields do not offset major price declines, but they are beginning to affect final performance and, in some cases, the ranking itself.

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