Akash Network proposal to leave Cosmos for Solana shows ~98% support, AKT to become SPL token

Akash Network has passed a governance proposal to pack up its sovereign Cosmos chain and move to Solana, with AKT set to relaunch as a native SPL token. Early tallies on Governance Proposal #346 showed roughly 98% support. The vote matters because it isn’t a bridge or a side deployment. Akash is planning to retire its own chain entirely, and token holders are being told up front that there’s no road back. How the migration is supposed to work The Akash core team introduced Proposal #346 on October 26, 2026, on its Cosmos-based akashnet-2 chain. The voting window ran from October 26 to November 2, 2026. AKT will convert to an SPL token at a 1:1 rate, with total supply unchanged and 6 decimal places preserved. The conversion itself happens through a one-way portal. That portal is expected to stay open for two years, giving slower-moving holders a generous runway to make the switch. The portal won’t open right away, though. Token and portal audits are anticipated to take about 2-3 weeks after the proposal passes, and the migration follows once those are done. Once AKT crosses to Solana, the proposal offers no path to reverse it. The marketplace moves later, and separately Moving the t...