Akash Network (AKT)
Akash Network is a sovereign proof-of-stake chain built on Cosmos Hub, that leverages Akash Token (AKT), a native utility token, as the primary means to govern, secure the blockchain, and provide a default mechanism to store and exchange value. AKT will act as the reserve currency in Akashâs multi-currency and multi-chain ecosystem, while ensuring economic security of the platformâs public blockchain by means of Staking.
1. AKT Basic Info
| Symbol | AKT |
| Name | Akash Network |
| Web Site | https://akash.network |
| Wallet | -- |
| Source | -- |
| Explorer | https://www.mintscan.io/ |
| Forum | -- |
| Mining | |
| Supply | 388539008 |
| Available Supply | 247443070 |
| Market Cap | 296931684 |
| White Paper | -- |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | -- |
| Proof | -- |
| Total | 388539008 |
| Release Date |
2. AKT Technical Info
2.1 AKT Kline Chart Price
2.2 AKT Technical Analysis
The market demonstrates a strong downtrend with increasing volatility. The recent consolidation around the 1.19 level suggests potential short-term stability but lacks strong bullish signals. A further decline is probable in the immediate term, with support levels likely to be tested around 1.15 and potentially lower. Increased volume during downward movements indicates bearish strength.
The price is expected to fluctuate within a wider range. The next few days could see a continuation of the bearish momentum. Further decline, followed by possible price consolidation and sideways trading is more likely.
The overall trend appears bearish.
3. AKT News Info
3.1 AKT News List
- 20250321
Coinbase International will launch AKT, ZEC and WELL perpetual contracts đ
Coinbase International will launch AKT, ZEC and WELL perpetual contracts
3.2 AKT News Analysis
The cryptocurrency derivatives market is poised for significant expansion. Coinbase International s decision to include AKT, ZEC, and WELL perpetual contracts signals a strategic move to diversify its offerings and cater to growing demand for altcoin derivatives trading. This expansion suggests increased institutional interest and a broader acceptance of these cryptocurrencies. The launch of these contracts could lead to heightened trading volume and price volatility for AKT, ZEC, and WELL. Furthermore, this trend is likely to prompt other exchanges to follow suit, potentially accelerating the growth and maturity of the altcoin derivatives market. Expect increased competition and innovation within the cryptocurrency exchange landscape.
