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AKT climbs 13.65% as AI‑related demand fuels a price surge, marking the biggest daily gain this week and drawing fresh attention to the decentralized cloud
Akash Network (AKT) surged 13.65% in a single day, the sharpest rise this week, as heightened interest in AI‑driven cloud services lifted the token’s momentum【2】. The move signals renewed market focus on decentralized infrastructure that can support emerging AI workloads.
| At a glance | |
|---|---|
| Price change (24h) | +13.65% |
| Catalyst | AI sector growth driving demand for decentralized cloud compute |
| Recent high | Noted as the week’s biggest gain (no specific price level disclosed) |
| Market sentiment | Positive bias toward AI‑related blockchain projects |
CoinGecko attributes the 13.65% rise to broader AI sector growth, noting that Akash’s GPU marketplace and decentralized cloud offering are positioned to serve AI workloads. The token’s price is calculated from a volume‑weighted average across 23 exchanges, ensuring the reported move reflects broad market activity【2】. While no exact price level is cited, the percentage gain places AKT above its recent weekly average, suggesting a breakout from a prior consolidation phase.
Akash’s native token, AKT, underpins staking, governance, and transaction fees on a network built with the Cosmos SDK and a Delegated Proof‑of‑Stake consensus mechanism【1】. The platform’s open marketplace allows providers to lease idle compute resources, a model that aligns with the surge in AI compute demand. No new token unlocks or supply changes were reported, indicating the price move is driven primarily by external demand rather than on‑chain supply dynamics.
The 13.65% rally underscores how quickly AI‑related hype can translate into price action for infrastructure tokens like AKT, but the sustainability of the move will hinge on whether real AI workloads continue to migrate to the decentralized cloud ecosystem.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 2 outlets · Aug 4, 2026 · How we report
It provides a decentralized marketplace where users can buy and sell cloud computing resources using the AKT token.
Akash Network employs a Delegated Proof‑of‑Stake (DPoS) consensus mechanism.
Tools such as Cloudmos, Praetor App, and Awesome Akash templates are offered to facilitate application development and deployment.