BREAKING: Akash Network (AKT) Surges 22% on Heavy Volume

BREAKING: Akash Network (AKT) has recorded a sharp 22.1% price increase over the past 24 hours, climbing from $0.371 to $0.453478 as of March 11, 2026, according to real-time market data.

Key Market Data

The decentralized cloud computing platform’s native token is currently trading at $0.453478, with its market capitalization surging to $130.99 million—a 22.1% increase worth $23.7 million in 24 hours. Trading volume has spiked dramatically to $39.24 million, indicating strong market interest.

AKT reached a 24-hour high of $0.450374 before stabilizing at current levels, while the 24-hour low was recorded at $0.36979. The token has gained 3.76% in just the past hour, suggesting continued buying momentum.

Extended Rally Performance

Today’s surge extends Akash Network’s impressive rally across multiple timeframes:

• 7-day performance: +34.3%
• 30-day performance: +45.2%
• From all-time low: +171.3%

The token remains significantly below its all-time high of $8.07 reached in April 2021, currently down 94.5% from that peak. However, the recent rally has lifted AKT substantially from its all-time low of $0.165 recorded in November 2022.

Market Position and Supply

Akash Network currently ranks #224 by market capitalization among all cryptocurrencies. The circulating supply stands at 289.25 million AKT tokens out of a total supply of 289.59 million, representing approximately 74.5% of the maximum supply of 388.54 million tokens.

The fully diluted valuation—which accounts for the maximum possible supply—sits at $131.15 million, only marginally above the current market cap, suggesting limited dilution pressure from future token emissions.

About Akash Network

Akash Network operates as a decentralized cloud computing marketplace, positioning itself as an alternative to centralized cloud providers. The platform allows users to buy and sell computing resources in a permissionless environment, utilizing blockchain technology to facilitate transactions and resource allocation.

The significant trading volume of $39.24 million represents approximately 30% of the token’s market cap, indicating substantial liquidity and active trading interest during this rally period.

Market data as of March 11, 2026, 00:22 UTC. Cryptocurrency prices are highly volatile and subject to rapid changes.