Akash Network (AKT) USD Price

Akash Network Price Data

Akash Network (AKT) currently has a price of $4.43 and is down -6.70% over the last 24 hours. The cryptocurrency is ranked 92 with a market cap of $1B. Over the last 24 hours, it saw $12.1M of trading volume. The token has a circulating supply of 234.1M tokens out of a total supply of 236M 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.