Akash Network Proposes Migration from Cosmos to Solana
Written with artificial intelligence.
Akash Network has initiated governance proposal 346 to migrate from its Cosmos chain, akashnet-2, to the Solana mainnet. Voting began on October 26 and will end on November 2, with approximately 98.29% of votes currently in favor.
Proposal Overview
On October 26, Akash Network, a decentralized cloud computing platform, launched governance proposal 346, aiming to transition from its current Cosmos sovereign chain, akashnet-2, to the Solana mainnet. The voting period is set from October 26 at 23:02 Beijing time to November 2 at 23:02, with around 98.29% of participants supporting the proposal so far.
Migration Details
If the proposal passes and the token and migration portal audits are completed—expected to take 2 to 3 weeks—AKT tokens will migrate to Solana as SPL tokens in a 1:1 ratio, maintaining the same token symbol. A one-way migration portal will be available for two years, but users must unstake their AKT (a process that takes 21 days) before they can migrate. There is no set date for switching networks; a separate proposal will be required for market migration.
Reasons for Migration
Akash has cited several factors for choosing Solana, including operational cost efficiency under load, the absence of a single operational authority, and the concentration of the DePIN ecosystem. This strategic move aims to enhance the network's performance and community engagement.