Akash Network Governance Approves Solana Migration With 97% Support in Proposal 346

Akash Network stakers approved Proposal 346 on November 2, 2026, authorizing the migration of the AKT token from the Cosmos-based akashnet-2 chain to Solana. The vote recorded 97.3 percent support, with roughly 59.98 million AKT tokens in favor and 796,000 against. Turnout reached 69 percent of bonded stake, clearing the 33.4 percent quorum requirement.

Vote Results and Token Migration Details

Voting on Proposal 346 ran from October 26 to November 2, 2026. The measure authorizes a one-to-one SPL version of AKT on Solana with six decimal places and an unchanged total supply. A migration portal will open for two years once the token launches, allowing holders to exchange their Cosmos AKT for the Solana version on a permanent basis with no reverse path available.

The marketplace operations, including Akash Marketplace, AkashML, and Akash Homenode, will remain on the existing Cosmos chain until a separate cutover proposal passes. Live leases, staking rewards, and governance functions continue without interruption during the interim period. Two independent security audits must complete before the SPL token and portal can launch, expected in mid-to-late November 2026.

The migration removes the need to maintain a sovereign Cosmos chain with its approximately 100 validators. Once the token moves, the original chain will undergo a 90-day wind-down period after the later cutover vote and then halt permanently.

Background and Rationale for the Solana Move

Akash evaluated several blockchains through a formal request-for-proposal process that scored candidates on fifteen criteria, including transaction fees, DePIN ecosystem fit, liquidity depth, and AI infrastructure compatibility. Solana emerged as the preferred destination because it supports low-cost operations, estimated at 0.075 SOL per day for marketplace activity, and provides direct access to a large user base already active in decentralized physical infrastructure networks.

The project stated that the change supports expansion of decentralized compute capacity for AI workloads over the next 24 months. Collaboration with Solana development teams has already begun to prepare the technical integration. The decision retires the independent Cosmos chain while preserving the core mission of providing permissionless compute resources.

Implementation Timeline and Next Steps

Following the November 2 vote, the immediate priorities include completion of the two security audits and deployment of the SPL AKT token and migration portal. A provider testnet phase lasting at least six weeks will follow, accompanied by additional audits and operational rehearsals. A final cutover proposal will then seek community approval before the 90-day chain wind-down begins.

Market participants can expect the first SPL AKT tokens to appear roughly two to three weeks after the audits conclude. Stakers retain the ability to continue earning rewards on the Cosmos chain until the eventual cutover vote passes. The phased schedule allows time for providers, developers, and users to adapt infrastructure and applications to the new environment.