Akash Network’s AKT Goes Live on Solana as Cosmos Migration Begins
The migration portal opened on November 12 and stays available for two years, with transfers at a 1:1 ratio and a 0.0125 AKT network fee.
Key Takeaways
- Akash Network's AKT token went live on Solana on November 12, 2026 through the Sunrise platform.
- Holders can move AKT from Cosmos to Solana at a 1:1 ratio through a migration portal that stays open for two years.
- A governance vote approved the move with about 97% support, and the migration plan runs over roughly 24 months.
- Staked AKT stays on the existing chain until a separate governance vote migrates the computing marketplace.
Akash Network's AKT token went live on Solana on November 12, 2026 through Sunrise, the platform Wormhole built for bringing assets into Solana's trading ecosystem. The launch opens the project's planned migration away from Cosmos, which its community approved with about 97% support in Proposal 346 earlier this month.
AKT now trades across Jupiter, Raydium, Phantom, Kamino, Meteora and Titan Exchange, according to Solana's announcement. The move is the first operational step in a migration plan that runs over roughly 24 months.
How The AKT Migration Works
Akash opened its official migration portal on November 12. It stays available for two years. The transfer is one way: the portal locks AKT on the original Cosmos-based blockchain and mints an equal amount on Solana, at a 1:1 ratio, according to Akash's migration documentation.
Self-custody holders connect a wallet, pick a Solana receiving address and authorise the transfer, which typically takes two to three minutes. The service charges an Akash network fee of 0.0125 AKT, while a relayer covers the Solana transaction costs. Balances held on centralised exchanges move on each exchange's own schedule, and accounts managed through Akash Console migrate automatically. AKT sent to Solana cannot be returned through the portal.
What Happens To Staked AKT
Staked AKT stays on the existing network for now. Holders who want to move staked tokens must unbond first, which takes 21 days, and staking rewards continue until the network cutover. Akash advises stakers to keep using the current chain until the marketplace migrates.
The marketplace migration, like the move of Akash's AI and compute services, needs its own governance vote. Akash runs a decentralised cloud computing marketplace where developers and AI companies rent GPU resources from independent providers, with about 644,000 compute leases processed in six years, according to Solana.
Why Akash Picked Solana
Founder Greg Osuri set out the reasoning in an October technical post titled why we selected Solana for Akash. The approved plan covers the full move of the project's blockchain infrastructure over about two years.
The AKT price has traded around the migration news; the live AKT chart tracks the token's market since the Solana launch.
Frequently Asked Questions
When Did AKT Launch on Solana?
AKT went live on Solana on November 12, 2026 through the Sunrise platform, with trading on Jupiter, Raydium and other Solana apps.
How Do Holders Move AKT from Cosmos to Solana?
Through Akash's official migration portal, which transfers tokens at a 1:1 ratio and stays open for two years. The fee is 0.0125 AKT and the transfer takes about two to three minutes.
Can AKT Be Moved Back to Cosmos?
No. The migration is one way. Tokens moved to Solana cannot be returned through the portal.
What Happens to Staked AKT?
Staked AKT stays on the existing network until the marketplace migrates. Holders who unbond wait 21 days before they can transfer.
Why Is Akash Moving to Solana?
Akash community members approved Governance Proposal 346 with about 97% support, choosing Solana to power the next phase of its AI and compute infrastructure.
Sources
- Akash migration documentation · Akash Network
- Why we selected Solana for Akash · Akash Network blog
- Akash Network's AKT goes live on Solana as Cosmos migration begins · crypto.news
- Prices and market data · Coinranking
