Akash Network

Akash Network PriceAKT

$0.655656
$0.004892+0.75%

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Akash Network Price Today

Current AKT/USD real-time price is $0.655656, with a 24-hour change rate of +0.75% and a 7-day change rate of -6.93%. AKT currently ranks #146 globally by market cap, with a total market cap of $194.346624M, a fully diluted valuation (FDV) of $253.059662M, and a 24-hour trading volume of $7.347805M. In terms of supply, AKT has a maximum supply of 388.54M, a current circulating supply of 298.39M, with 100.00% already in circulation and 0.00% remaining to be unlocked.

About Akash Network

What is Akash Network? Key Specifications & Tokenomics

Akash Network is a decentralized cloud computing marketplace, often described as the "Airbnb for cloud compute," built on the Cosmos SDK. It connects users needing computing resources with providers who have spare capacity.

Key takeaways:

  • Akash Network is a decentralized, open-source cloud computing marketplace.
  • It leverages underutilized compute resources from data centers globally, offering a cost-effective alternative to traditional cloud providers.
  • The native AKT token is used for payments, staking, governance, and securing the network.
  • The platform is compatible with major cloud providers, allowing developers to deploy applications easily.
  • It aims to create a more efficient, open, and censorship-resistant cloud computing ecosystem.
Name (Symbol)Akash Network (AKT)
Also Known AsThe Supercloud, Decentralized Cloud
Consensus MechanismDelegated Proof-of-Stake (DPoS) via Cosmos SDK
Smart ContractCosmWasm (WebAssembly on Cosmos)
CategoryDeFi, Web3 Infrastructure, Cloud Computing
Hash AlgorithmSHA-256 (for transaction hashing)
Block RewardVariable, based on staking and network fees
Max Supply388,539,008 AKT
TPS (Transactions Per Second)High throughput, leveraging the Cosmos IBC
Scaling SolutionCosmos Inter-Blockchain Communication (IBC) protocol, horizontal scaling via app-specific blockchains
BlockchainAkash Mainnet (Built with Cosmos SDK)

Who created Akash Network (AKT)?

Akash Network was founded by Greg Osuri, who serves as the CEO. The project was developed by Overclock Labs, a company focused on building decentralized infrastructure. The core vision was to disrupt the centralized cloud computing market dominated by giants like Amazon Web Services (AWS), Google Cloud, and Microsoft Azure by creating a more open, efficient, and cost-effective alternative. The network officially launched its mainnet in 2021. Development and governance are now largely driven by the decentralized Akash community and the Akash Network Proposal (ANP) process.

How does Akash Network (AKT) work?

Akash Network operates as a peer-to-peer marketplace for cloud compute resources. Its architecture consists of several key components:

  • Providers: Individuals or organizations who lease their idle computing resources (CPU, GPU, memory, storage) to the network.
  • Tenants: Developers or users who need computing power to host applications, websites, APIs, or machine learning models.
  • Akash Blockchain: The sovereign blockchain, built with Cosmos SDK, that secures the marketplace, processes transactions, and manages deployments using the AKT token.
  • Marketplace: A reverse auction system where tenants state their requirements (like a manifest file), and providers bid to host the deployment. The tenant automatically selects the lowest bid, ensuring cost efficiency.
  • Deployment: Once a bid is accepted, the application is containerized using Docker and deployed on the provider's infrastructure. The platform is compatible with Kubernetes, making it easy to migrate from traditional cloud services.

What makes Akash Network (AKT) unique and valuable?

Akash Network's primary value proposition is disrupting the cloud computing status quo.

  • Cost Efficiency: By leveraging a global marketplace of spare capacity, Akash can offer compute power at prices significantly lower—often up to 85% less—than traditional centralized providers.
  • Censorship Resistance: As a decentralized network, no single entity can take down or censor applications deployed on Akash, enhancing resilience and freedom for developers.
  • Interoperability: Built on Cosmos, Akash benefits from the Inter-Blockchain Communication (IBC) protocol, allowing it to seamlessly connect and integrate with other blockchains in the Cosmos ecosystem and beyond.
  • Developer-Friendly: It supports standard cloud tools like Docker and Kubernetes, lowering the barrier to entry for developers familiar with Web2 cloud environments.

What is Akash Network (AKT) used for?

The AKT token is the lifeblood of the Akash Network ecosystem, serving multiple critical functions:

  • Payments: Tenants use AKT to pay providers for cloud computing resources. Providers earn AKT for leasing their infrastructure.
  • Staking & Security: Token holders can stake their AKT to validators to help secure the Proof-of-Stake blockchain. In return, they earn staking rewards in the form of newly minted AKT and a share of network fees.
  • Governance: Staked AKT holders have voting rights to participate in the on-chain governance of the network, deciding on protocol upgrades, parameter changes, and treasury fund allocations.
  • Default Settlement Currency: While the network supports other IBC-compatible tokens for payments, AKT serves as the primary settlement and reserve currency within the ecosystem.

How Is the Akash Network (AKT) ecosystem developing?

The Akash ecosystem is rapidly expanding beyond basic cloud compute. Key development areas include:

  • GPU Marketplace: A major focus is on creating a decentralized marketplace for GPU (Graphics Processing Unit) resources, targeting the booming demand from AI and machine learning developers. This positions Akash as a potential infrastructure layer for decentralized AI.
  • DePIN Integration: Akash is a foundational player in the Decentralized Physical Infrastructure Networks (DePIN) sector, aggregating real-world compute hardware into a global, programmable resource pool.
  • Cosmos Ecosystem Growth: Through IBC, Akash integrates with a wide array of Cosmos-based applications and chains, increasing its utility and user base.
  • Enterprise Adoption: The platform is seeing growing interest from enterprises looking for cost-effective, resilient cloud alternatives for specific workloads.

How to mine Akash Network (AKT)?

Akash Network uses a Delegated Proof-of-Stake (DPoS) consensus mechanism, so it is not mined in the traditional Proof-of-Work sense. New AKT tokens are generated as block rewards for network validators and their delegators (stakers). To earn AKT through network participation:

  • Become a Validator: You can set up and run a validator node, which requires significant technical expertise and a substantial amount of self-staked AKT to be considered by delegators.
  • Delegate (Stake): The most common method for users is to delegate (stake) their AKT tokens to an existing validator of their choice through a supported wallet (like Keplr). In return, you earn a portion of the block rewards proportional to your stake, minus the validator's commission fee.

How to keep your AKT Coin safe?

Securing your AKT tokens is paramount. Here are the best practices:

  • Use a Non-Custodial Wallet: For long-term storage, move your AKT off exchanges into a secure, non-custodial wallet where you control the private keys. Recommended wallets include Keplr Wallet (browser extension and mobile) or Cosmostation.
  • Secure Your Seed Phrase: Your wallet's recovery seed phrase (usually 12 or 24 words) is the master key to your funds. Write it down on paper and store it in multiple secure, offline locations. Never store it digitally or share it with anyone.
  • Beware of Scams: Be vigilant against phishing websites, fake wallet apps, and unsolicited offers. Always double-check URLs and only download wallets from official sources.
  • Consider a Hardware Wallet: For maximum security, especially for large holdings, use a hardware wallet (like Ledger) in conjunction with a compatible interface like Keplr. This keeps your private keys completely offline.

How to buy AKT Coin?

AKT is a popular cryptocurrency listed on several exchanges. For a secure and seamless trading experience with high liquidity, we recommend using a major exchange like BTCC.

  1. Register a BTCC Account: Sign up using your email or phone number and complete the KYC verification to unlock all platform features and benefits.
  2. Deposit Funds: Deposit fiat currency (via bank transfer, card, or third-party payment) or transfer USDT from an external wallet into your BTCC account.
  3. Start Trading: Go to the trading page and search for the AKT spot trading pair AKT/USDT or the futures contract AKTUSDT.
  4. Place an Order: Enter the amount of AKT you wish to buy and submit your order. For futures trading, you can also open a short (sell) position and adjust the leverage according to your strategy and risk tolerance.
  5. Confirm Your Purchase: For spot purchases, check your account wallet to confirm the AKT tokens have been deposited. For futures, check your open positions on the trading page.

How to Buy and Use Akash Network

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsAkash Network is instantly credited to your BTCC account, ready for trading at any time.

Related Trading

Choose Akash Network products that suit your trading style

Thank you for your interest in BTCC. Currently, spot and futures trading services for AKT are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.

Akash Network FAQs

How does staking AKT on Akash Network's Delegated Proof of Stake consensus affect token supply and price?

Akash Network (AKT) runs on a Delegated Proof of Stake (DPoS) consensus built with the Cosmos SDK. Holders stake AKT to vote for validators who secure the network, verify host provider configurations, and guarantee workload tenant isolation across the grid.

Staking affects supply by locking AKT out of liquid circulation. When bonding rates are high, tradable supply shrinks, which can tighten sell pressure and support price during periods of rising demand. Issuance rewards paid to stakers and validators add new AKT over time, but the Burn-Mint Equilibrium (AEP-76) offsets this by burning AKT to mint stable internal credits for provider payments.

For long-term price, the key variables are the staking ratio, burn rate tied to real infrastructure demand, and overall network usage. Higher staking plus higher burn means a more supply-constrained AKT, which historically supports a stronger price floor.

How do Akash Network upgrades and the Burn-Mint Equilibrium impact AKT's value and gas fees?

Akash Network (AKT) has evolved through network upgrades such as Mainnet 18 and the AEP-76 Burn-Mint Equilibrium. Under AEP-76, deployments mint stable internal credits by burning AKT, and the system automatically executes burns to settle provider payments. This links token scarcity directly to infrastructure demand while built-in circuit breakers safeguard the grid.

For gas fees, the model improves user experience: tenants pay in stable internal credits, so cost is predictable even when AKT price moves. In the background, the open marketplace still settles high-velocity computing auctions via AKT, keeping the token central to network economics.

For value, the burn mechanism makes supply dynamically responsive to demand. As GPU and AI hosting usage grows, more AKT is burned, which can reduce circulating supply and support price. Enterprise teams also benefit from standard corporate billing, marrying compliance with commodity infrastructure rates.

How would a spot ETF or institutional adoption of Akash Network affect AKT's price?

A spot ETF would give traditional investors direct exposure to Akash Network (AKT) through regulated brokerage accounts, without needing to manage wallets or private keys. Institutions such as pension funds, asset managers, and RIAs could allocate to AKT inside existing compliance frameworks.

Sustained institutional inflows would likely raise AKT's liquidity, legitimacy, and price floor. Larger order books reduce slippage, while broader custody and audit coverage can lower perceived risk. Because AKT already trades on 14 exchanges and debuted as an Exchange-Traded Product on Sweden's Spotlight Stock Market in December 2024, an ETF would be a natural next step for institutional access.

That said, ETF flows are not guaranteed. Price impact depends on net inflows, macro conditions, and whether demand for decentralized cloud and AI compute keeps growing alongside the token.

How does AKT compare to Bitcoin in terms of returns, volatility, and market performance?

Akash Network (AKT) and Bitcoin (BTC) sit at very different points on the risk curve. AKT is a mid-cap AI and DePIN infrastructure token, while BTC is the largest crypto asset by market cap and the market's primary store-of-value proxy.

DimensionAkash Network (AKT)Bitcoin (BTC)
Core PositioningDecentralized cloud and AI compute marketplaceDigital store of value and settlement network
Supply ModelMax supply 388,539,008; burn-mint equilibriumHard cap 21 million; halving issuance
ConsensusDelegated Proof of Stake (Cosmos SDK)Proof of Work
Main Use CasesGPU/AI hosting, DePIN, staking, governanceValue transfer, reserve asset, ETF exposure

In performance terms, AKT has shown higher volatility and larger drawdowns than BTC, including a 90-day return of -12.65% versus +9.31% for Bitcoin in the same window. BTC typically offers lower volatility and deeper liquidity, while AKT offers higher beta to AI and DePIN narratives.

How do I set stop-loss and take-profit orders when trading AKT futures?

On BTCC, you can attach stop-loss (SL) and take-profit (TP) orders directly to your AKT/USDT perpetual contract position. This lets you define risk and reward before the market moves.

  • Long position: place your SL below a key support level, the recent swing low, or a moving average that has been holding. Set your TP near a known resistance zone or the next major supply area.
  • Short position: place your SL above a key resistance level or the recent swing high. Set your TP near a support zone where buyers have previously stepped in.
  • Trailing stop: use BTCC's trailing stop to lock in profits as price moves in your favor. You can also manually move your SL to break-even once the trade is in profit.

Always size positions so a single SL hit does not damage your account, and avoid placing SL exactly at round numbers where liquidity clusters.

What is the current price, market cap, and 24-hour trading volume of AKT?

The current price of Akash Network (AKT) is $0.655656, with a market cap of $194.346624M and 24h trading volume of $7.347805M. The circulating supply is 298.39M (max supply 388.54M).

These figures update in real time as the market moves, so the numbers you see on this page may differ slightly from the live order book. For the most accurate, up-to-the-second pricing, depth, and funding rate, open the AKT/USDT perpetual contract page on BTCC.

There you can view the live order book, recent trades, open interest, and funding rate, then place a long or short order with your preferred leverage and risk settings.

What are the core drivers of Akash Network's AKT token price movement?

Akash Network (AKT) price is driven by three main layers:

  • Supply side: staking lock-up removes AKT from liquid circulation, the Burn-Mint Equilibrium burns AKT to mint stable credits for provider payments, and exchange reserves shift as holders move coins on or off trading venues.
  • Ecosystem: total value locked, GPU and AI hosting demand, L2 and DApp activity, and overall usage of the decentralized cloud marketplace all feed directly into how much AKT is needed and burned.
  • Macro: Federal Reserve rate decisions, global liquidity conditions, spot ETF net flows, and regulatory developments shape risk appetite for AI and DePIN tokens like AKT.

Because AKT is a mid-cap infrastructure token, it tends to amplify both upside and downside moves in the broader crypto market.

What is AKT's all-time high and all-time low price?

The all-time high of Akash Network (AKT) is $8.081302, reached on 2021-04-06 19:10; the all-time low is $0.167239, recorded on 2022-11-21 20:25.

These two points mark the extremes of AKT's price history and are useful reference levels for long-term holders and futures traders. The distance between them shows how volatile a mid-cap AI and DePIN token can be across a full market cycle.

To inspect the full-cycle chart, open the AKT/USDT perpetual contract page on BTCC. There you can zoom from the all-time high down to the all-time low, overlay moving averages, and mark support and resistance zones before planning a trade.

How do I read AKT candlestick charts for futures trading?

Reading AKT candlestick charts on BTCC starts with the basics:

  • Candle anatomy: each candle shows open, high, low, and close. The body is the range between open and close; the wicks show the extremes reached during the period.
  • Support and resistance: mark zones where price has repeatedly reversed. These are your reference points for entries, stop-losses, and take-profits.
  • Moving averages: MA and EMA lines smooth price and show trend direction. Price above a rising MA suggests an uptrend; price below a falling MA suggests a downtrend.
  • RSI: above 70 is often read as overbought, below 30 as oversold. Use it with trend context, not alone.
  • Volume: a breakout with rising volume is more reliable than one on thin volume.

Combine these signals on the AKT/USDT chart before placing a leveraged trade.

How can I profit when the AKT price drops using short selling?

You can short Akash Network (AKT) without holding any spot tokens by using BTCC's AKT/USDT perpetual contracts. A short position profits when the price falls.

The mechanics are simple: open a short at a high price, then close the position (buy back) at a lower price. The difference between your entry and exit price is your profit, minus fees and funding.

This gives traders a two-way opportunity. In a bear market or during a pullback, you can still seek gains instead of sitting in cash. BTCC's AKT/USDT perpetuals support leverage, SL/TP orders, and a trailing stop so you can manage risk while shorting.

Remember that shorting with leverage magnifies losses if price rises against you, so always set a stop-loss above your entry.

Can I trade AKT perpetual contracts with high leverage?

Yes. BTCC offers flexible leverage on AKT/USDT perpetual contracts, up to 50x, subject to the platform's risk rules and your account tier. Higher leverage means a smaller margin requirement for the same position size.

Leverage magnifies both gains and losses. A 1% adverse move at 50x can wipe out a large share of your margin, so risk management is essential.

Beginners should start at 2x to 10x and always attach a strict stop-loss. As you gain experience and a consistent process, you can adjust leverage to match your strategy and volatility conditions. Keep an eye on the funding rate and margin ratio on the AKT/USDT page to avoid forced liquidation.

How can I practice AKT trading with a free demo account?

After registering on BTCC, switch to Demo Trading mode to practice Akash Network (AKT) trading with virtual funds, for example 100,000 USDT, in a risk-free environment.

The demo account uses real AKT market data, so prices, order books, and funding rates behave like the live market. You can practice adjusting leverage, placing market and limit orders, and setting take-profit and stop-loss levels without risking real capital.

Use the demo to test strategies such as long/short setups, trailing stops, and position sizing on AKT/USDT perpetual contracts. Once you are consistently comfortable with the workflow, you can move to live trading with a small amount of real funds.

How do I buy and trade AKT step by step?

Follow this four-step flow to buy and trade Akash Network (AKT) on BTCC:

  1. Register on BTCC and complete KYC verification.
  2. Deposit USDT via card or an external wallet.
  3. Go to the AKT/USDT perpetual contract page.
  4. Set your margin mode and leverage, choose Long or Short, set your SL/TP, and confirm the order.

Before going live, you can rehearse the same steps in Demo Trading mode with virtual funds and real AKT market data. Start with low leverage, keep position size small, and always define your stop-loss before entering a trade.

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