Akash Network’s AKT goes live on Solana as Cosmos migration begins

Akash Network’s native AKT token has gone live on Solana through Sunrise, giving holders access to the blockchain’s decentralized finance ecosystem as the project begins its planned migration away from Cosmos.

In a November 12 announcement, Solana confirmed that AKT was available through Sunrise and could be accessed through several applications, including Jupiter, Raydium, Phantom, Kamino, Meteora, and Titan Exchange.

The launch follows the opening of Akash’s official migration portal, which allows existing token holders to transfer AKT from its Cosmos-based blockchain to Solana at a 1:1 ratio.

Akash operates a decentralized cloud computing marketplace where developers and AI companies can rent GPU resources from independent providers. According to Solana, the network has processed approximately 644,000 compute leases during its six years of operation.

Sunrise provides the infrastructure for bringing assets from other blockchains into Solana’s trading ecosystem. As crypto.news previously reported, Wormhole introduced the platform in November 2025, initially supporting Monad’s MON token.

More recently, Shiba Inu became available on Solana through Sunrise in October, with trading supported across applications such as Jupiter and Raydium.

Akash Network opens two-year AKT migration window

According to Akash’s migration documentation, holders can move their tokens to Solana through a one-way transfer mechanism that locks AKT on the original blockchain and mints an equivalent amount on Solana.

The official portal opened on November 12 and will remain available for two years. Akash said holders do not need to transfer their tokens immediately, particularly those currently earning staking rewards.

Users holding AKT in self-custody can connect their wallets to the migration portal, select a Solana receiving address, and authorize the transfer. The process typically takes two to three minutes, according to the portal.

The service charges an Akash network fee of 0.0125 AKT, while a relayer covers the Solana transaction costs associated with migration.

For tokens held on centralized exchanges, the exchanges will handle transfers according to their own schedules. Balances managed through Akash Console will migrate automatically under the project’s published plan.

Staked AKT requires different treatment because the tokens remain subject to the original network’s staking arrangements. Holders who choose to withdraw must complete a 21-day unbonding period before transferring their tokens.

Akash has advised stakers to continue using the existing blockchain until the marketplace migration, with staking rewards continuing until the network cutover.

The project has confirmed that AKT transferred to Solana cannot be returned through the migration portal or staked on Solana until the new staking system becomes available.

Akash’s move to Solana received 97% governance support

The token launch follows Akash’s November 2 announcement that its community had approved Governance Proposal 346, with approximately 97% support.

The approved plan covers a migration of the project’s underlying blockchain infrastructure over approximately 24 months, including its decentralized computing marketplace and AI-related services.

In an October 26 technical explanation, Akash founder Greg Osuri said the project selected Solana after evaluating several blockchain architectures against its requirements for transaction capacity, operating costs, liquidity, and developer infrastructure.

The proposal identified the expense of maintaining a separate Cosmos blockchain, which currently relies on approximately 100 validators to secure its consensus system.

According to Akash’s estimates, operating its marketplace on Solana would require approximately 0.075 SOL in daily network fees.

The team considered an Ethereum layer-2 network before selecting Solana, citing transaction costs under heavy workloads, the absence of a centralized sequencer, and the availability of infrastructure for decentralized physical infrastructure networks.

The migration will eventually bring Akash Marketplace, its AkashML inference platform, and its Homenode computing initiative onto Solana.

In the November 2 announcement, Osuri described the decision as part of the company’s vision of “making compute a liquid resource.”

Akash’s roadmap requires a separate governance vote to determine when its computing marketplace will move to Solana. Existing workloads will continue operating on the Cosmos blockchain for 90 days after that cutover, before the original chain is scheduled to halt.