Akash Network votes on migrating from Cosmos to Solana as Proposal 346 nears passage
Akash Network is concluding a governance vote on Proposal 346 to migrate its protocol from Cosmos to Solana and convert AKT into an SPL token, with preliminary tallies showing overwhelming support.
Akash Network is on the verge of approving Proposal 346, a governance measure to migrate the Akash Protocol away from its native Cosmos chain over to Solana, according to Crypto Banter. As the voting window closed on November 2, 2026, tallies showed 97.26% voting yes (59,954,311 AKT), 1.29% voting no (797,761 AKT), 1.44% abstaining (888,216 AKT), and 0.00% vetoing (765 AKT). With turnout reaching 69.58% against a 33.40% quorum threshold, the measure was marked as expected to pass.[2]
Under the proposal, AKT tokens would convert 1:1 into Solana SPL tokens through a one-way migration portal following two independent security audits, according to That Martini Guy. Once launched, tokenholders will have a two-year window to complete the transfer before the portal closes. However, the compute marketplace itself will not transition right away; completing that cutover will require additional development, testing, and a separate governance vote.[1][2]
That Martini Guy characterized the initiative as a strategic shift banking on Solana's liquidity, infrastructure, and DePIN ecosystem as a stronger foundation than operating an independent Cosmos chain. The departure has also reignited broader debates across the sector, with SolanaFloor noting that Akash leaving its own Layer 1 brings the long-standing "appchain thesis" under intense scrutiny.[1][3]
Key facts
- Akash Network Proposal 346 outlines migrating the Akash Protocol from its Cosmos chain to Solana and converting AKT into a 1:1 Solana SPL token.
- Proposal 346 voting tallies showed 97.26% yes (59,954,311 AKT), 1.29% no (797,761 AKT), 1.44% abstain (888,216 AKT), and 0.00% veto (765 AKT), with turnout at 69.58% against a 33.40% quorum.
- The voting period ran from October 26, 2026, at 14:02 to November 2, 2026, at 14:02.
- If approved, a one-way 1:1 token migration portal will open following two independent security audits and remain open for two years.
- The Akash marketplace will not shift immediately to Solana and will require further development, testing, and an additional governance vote.
Sources · 3 sources
- TM
That Martini Guy ₿@MartiniGuyYTPost on X ·
Akash is considering a pretty major change. The project is voting to move its network from Cosmos to Solana, with the governance vote closing later today. If approved, AKT will migrate 1:1 into a Solana SPL token following two independent security audits. The interesting part is that the marketplace won't move immediately. That requires further development, testing and another governance vote. Akash is effectively betting that Solana's liquidity, infrastructure and DePIN ecosystem offer a better path forward than maintaining its own Cosmos chain. That's a significant decision for the future of the project.
Open source - CB
Crypto Banter@crypto_banterPost on X ·
🚨AKASH SOLANA MIGRATION VOTE CLOSES TODAY, CURRENTLY 97.26% IN FAVOR! @akashnet Proposal 346 to move from its Cosmos chain to Solana and turn $AKT into an SPL token is set to end today. The vote sits at 97.26% yes (59.95M AKT) with 69.58% turnout, well above the 33.4% quorum, and is expected to pass. If it passes, a one-way 1:1 migration portal opens after audits, with the marketplace cutover decided in a later vote. Holders can still move until the portal closes in two years.
Open source - SO
SolanaFloor@SolanaFloorPost on X ·
As @akashnet leaves its own Cosmos L1 to Solana, the "appchain thesis" is under fire. Will more protocols migrate to @solana in the future? 👇 https://t.co/7TZYaKwuNF
Open source