{"id":274,"date":"2026-11-03T23:17:05","date_gmt":"2026-11-03T23:17:05","guid":{"rendered":"https:\/\/coinranking.com\/news\/akash-network-approves-migration-solana-proposal-346-governance-vote"},"modified":"2026-11-03T23:17:37","modified_gmt":"2026-11-03T23:17:37","slug":"akash-network-approves-migration-solana-proposal-346-governance-vote","status":"publish","type":"post","link":"https:\/\/coinranking.com\/news\/akash-network-approves-migration-solana-proposal-346-governance-vote","title":{"rendered":"Akash Network Approves Migration to Solana in Proposal 346 Governance Vote"},"content":{"rendered":"<p><a href=\"https:\/\/coinranking.com\/coin\/GcJA3SO6L+akash-akt\">Akash Network (AKT)<\/a> holders have approved moving the protocol from its own Cosmos-based chain to Solana. Proposal 346, titled Migrate the Akash Protocol to Solana, closed on November 2, 2026, with 97.27% of votes in favor and 69.39% turnout, according to the <a href=\"https:\/\/x.com\/akashnet\/status\/2117271262040858848\">official Akash announcement<\/a>. The network runs a decentralized marketplace for cloud computing capacity, and the vote covers both the token and the protocol.<\/p>\n<h2>How Akash Token Holders Voted<\/h2>\n<p>The vote ran from October 26 to November 2, 2026, and about 61.66 million AKT took part across four options. YES votes reached 59,979,682 AKT, or 97.27% of the total, according to the <a href=\"https:\/\/www.mintscan.io\/akash\/proposals\/346\">Mintscan proposal page<\/a>. NO votes totaled 796,071 AKT, while 888,416 AKT abstained and 765 AKT used the veto option. Turnout reached 69.39% of staked AKT against a quorum requirement of 33.40%. The team confirmed the outcome in two posts on its official X account on November 2, 2026.<\/p>\n<figure class=\"crn-inline-figure\"><img width=\"720\" height=\"405\" src=\"https:\/\/coinranking.com\/news\/wp-content\/uploads\/2026\/11\/akash-akt-30-day-candlestick-price-chart-with-volume-on-coin-chart-13aa8cb810-1024x576.png\" class=\"attachment-large size-large\" alt=\"Akash AKT 30-day candlestick price chart with volume on Coinranking\" loading=\"lazy\" decoding=\"async\" srcset=\"https:\/\/coinranking.com\/news\/wp-content\/uploads\/2026\/11\/akash-akt-30-day-candlestick-price-chart-with-volume-on-coin-chart-13aa8cb810-1024x576.png 1024w, https:\/\/coinranking.com\/news\/wp-content\/uploads\/2026\/11\/akash-akt-30-day-candlestick-price-chart-with-volume-on-coin-chart-13aa8cb810-300x169.png 300w, https:\/\/coinranking.com\/news\/wp-content\/uploads\/2026\/11\/akash-akt-30-day-candlestick-price-chart-with-volume-on-coin-chart-13aa8cb810-768x432.png 768w, https:\/\/coinranking.com\/news\/wp-content\/uploads\/2026\/11\/akash-akt-30-day-candlestick-price-chart-with-volume-on-coin-chart-13aa8cb810-1536x864.png 1536w, https:\/\/coinranking.com\/news\/wp-content\/uploads\/2026\/11\/akash-akt-30-day-candlestick-price-chart-with-volume-on-coin-chart-13aa8cb810-2048x1152.png 2048w, https:\/\/coinranking.com\/news\/wp-content\/uploads\/2026\/11\/akash-akt-30-day-candlestick-price-chart-with-volume-on-coin-chart-13aa8cb810-1200x675.png 1200w, https:\/\/coinranking.com\/news\/wp-content\/uploads\/2026\/11\/akash-akt-30-day-candlestick-price-chart-with-volume-on-coin-chart-13aa8cb810-640x360.png 640w, https:\/\/coinranking.com\/news\/wp-content\/uploads\/2026\/11\/akash-akt-30-day-candlestick-price-chart-with-volume-on-coin-chart-13aa8cb810-320x180.png 320w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\" \/><figcaption>Akash (AKT) price over the 30 days to November 3, 2026. Source: Coinranking.<\/figcaption><\/figure>\n<h2>How the Migration to Solana Will Work<\/h2>\n<p>The approved plan converts each AKT one-to-one into a native SPL token on <a href=\"https:\/\/coinranking.com\/coin\/zNZHO_Sjf+solana-sol\">Solana (SOL)<\/a>. SPL is the standard token format on Solana. A one-way migration portal stays open for two years for holders who want to move, and two independent audits must finish before the new token launches. The portal is one-way, so AKT that moves to Solana does not move back. AKT that is staked today must also pass through the 21-day unbonding period of the current <a href=\"https:\/\/coinranking.com\/coins\/staking\">proof of stake<\/a> chain before it can move.<\/p>\n<h2>What Happens to the Akash Marketplace<\/h2>\n<p>Proposal 346 settles the principle, not the schedule. Moving the Akash compute marketplace needs a separate governance vote after audits and testing, and the team has not set a cutover date. Until that vote, the marketplace keeps running on the current chain. The team framed Solana as the most active <a href=\"https:\/\/coinranking.com\/coins\/depin\">DePIN<\/a> ecosystem in crypto and said its mission, a cloud that belongs to everyone, does not change. The team said more detail on the timeline will follow soon. Traders can follow AKT through the transition on the <a href=\"https:\/\/coinranking.com\/chart\/coin\/GcJA3SO6L+akash-akt\/price\">Akash price chart<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Voting closed November 2, 2026, with 97.27% in favor, and each AKT will swap one-to-one into a native Solana token after two independent audits.<\/p>\n","protected":false},"author":2,"featured_media":275,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_crn_external_id":"oc-2026-11-04-akt-proposal-346-solana-migration-vote","_crn_dek":"Voting closed November 2, 2026, with 97.27% in favor, and each AKT will swap one-to-one into a native Solana token after two independent audits.","_crn_takeaways":"[\"Akash Network's Proposal 346 closed on November 2, 2026, with 97.27% of votes in favor of migrating to Solana.\",\"Turnout reached 69.39% of staked AKT against a 33.40% quorum requirement.\",\"Each AKT converts one-to-one into a native Solana SPL token after two independent audits.\",\"A one-way migration portal for holders stays open for two years.\"]","_crn_faq":"[{\"question\":\"What is the Akash Solana migration?\",\"answer\":\"It is the approved move of the Akash protocol and its AKT token from the project's own Cosmos-based chain to Solana. Token holders backed the plan in Proposal 346, which closed on November 2, 2026.\"},{\"question\":\"When did Akash approve the move to Solana?\",\"answer\":\"Voting closed on November 2, 2026, with 97.27% of votes in favor and 69.39% turnout among staked AKT.\"},{\"question\":\"How will AKT move to Solana?\",\"answer\":\"Each AKT converts one-to-one into a native SPL token on Solana once two independent audits are complete. A one-way migration portal will stay open for two years.\"},{\"question\":\"Do AKT holders need to do anything now?\",\"answer\":\"No. The migration portal has not opened yet. Staked AKT must first complete the chain's 21-day unbonding period before it can move.\"},{\"question\":\"Will the Akash marketplace move to Solana?\",\"answer\":\"The compute marketplace needs a separate governance vote after audits and testing, and no cutover date is set. Until then it keeps running on the current chain.\"}]","_crn_sources":"[{\"name\":\"Akash Network\",\"url\":\"https:\/\/x.com\/akashnet\/status\/2117271262040858848\",\"title\":\"Official announcement of the Proposal 346 result\"},{\"name\":\"Mintscan\",\"url\":\"https:\/\/www.mintscan.io\/akash\/proposals\/346\",\"title\":\"Proposal 346 voting results\"}]","_crn_social":"[]","_crn_breaking_until":0,"_crn_primary_coin":39,"_crn_ai_generated":true,"_crn_image_credit":"","_crn_dateline":"","footnotes":""},"categories":[41],"cr_coin":[39,26],"cr_story_type":[18],"class_list":["post-274","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-depin","cr_coin-akash","cr_coin-solana","cr_story_type-governance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Akash Solana Migration Approved With 97.27% of Votes<\/title>\n<meta name=\"description\" content=\"Akash Network holders approved the Akash Solana migration on November 2, 2026, with 97.27% of votes in favor. 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