Akash Network Price Data
Akash Network (AKT)
currently has a price of
₱33.98
and is
up
6.55%
over the last 24 hours. The cryptocurrency is ranked
206
with a market cap of
₱10.1B.
Over the last 24 hours, it saw
₱294.6M
of trading volume. The token has a circulating supply of
297.9M
tokens out of a total supply of
297.9M
tokens.
Akash Network is a decentralized marketplace for cloud computing that enhances efficiency and reduces costs. It uses a utility token called AKT to incentivize responsible usage and discourage abuse of computational resources. By requiring users to own and pledge AKT tokens, it ensures a stake in the platform's governance and helps stabilize the network.