97% Approve Akash’s Move to Solana Under 24-Month Plan
Key Facts
Akash announced on November 2, 2026, that Governance Proposal 346 had passed, with 97% of participating token holders voting in favor of moving the network’s underlying infrastructure to the Solana ecosystem. The result authorizes the company to proceed with its migration plan, but does not mean the market has already moved or that a conversion date has been set. Akash said in its statement that the migration aims to support the next generation of AI infrastructure, with the underlying infrastructure to be moved within 24 months of the announcement. The market conversion remains a later step in the plan, after the required audits and rehearsals are complete. The announced timeline therefore separates governance approval of the direction from the operational execution of the migration.
The nearest step is to launch AKT as an SPL token on Solana and open the migration portal, but both are conditional on passing two independent audits. Akash founder Greg Osuri said the launch and portal are expected two weeks after the proposal’s approval, provided the project meets the two-audit requirement. This arrangement means the vote does not automatically launch the token or portal; security checks must be passed first. The market conversion itself comes later, after the audits and rehearsals, and requires a separate governance vote to set its date. The migration proposal did not specify a date for the conversion, leaving the timing of the operational move dependent on completing those steps and the subsequent governance decision.
When the market is converted, staking rewards and inflation on the old chain will end, according to the migration plan outlining the transition phases. The conversion will not immediately end the operation of existing workloads, however: Akash said they will continue for 90 days afterward while tenants redeploy them. The chain will be shut down after that period, at which point validators’ roles and their associated access will end. The plan thus distinguishes between the end of staking rewards and inflation at conversion and the chain’s shutdown 90 days later. This interval gives tenants time to redeploy their workloads before the old network stops, while the effects of the migration on validators remain tied to the shutdown phase.
Akash justified its choice of Solana by citing the reduced cost of operating a standalone chain dedicated to securing consensus, according to an article by Osuri published on October 26, 2026. The company then estimated that about 100 validators bonded AKT tokens for this purpose, while network fees for the entire market on Solana were about 0.075 SOL per day. Osuri wrote that "network fees for the entire market are about 0.075 SOL per day," presenting the figure in the context of comparing the cost of operating the market on the new ecosystem. These figures put the cost of consensus and the number of validators at the center of the operational case for the migration. Under the plan, current validators’ roles will end when the chain is shut down, not at the vote or when the market is converted.
The company also cited the difference in activity levels between its market and the Solana network in the same article. It estimated that Akash’s market processed about 15,000 transactions per day and compared that with 112 million user transactions per day on Solana. The company said the gap would remain large even in a scenario where Akash activity rose to 100 times its current level, describing the market’s present scale as limited relative to Solana’s daily transactions. The comparison supports the company’s argument that operating the market on a more active network could suit its needs without continuing to run a standalone chain at its current scale. These are estimates and a comparison Akash published on October 26, 2026, days before announcing the proposal’s approval.
The migration follows growth in computing expenditure recorded by the network during the year, according to its first-quarter 2026 report. Akash said cumulative computing expenditure exceeded $5 million in the first 90 days of the year. The figure puts the market’s activity in the context of the proposed technical change: the plan moves the infrastructure supporting the computing market, while the report had noted that spending surpassed this level in the first three months of the year. The report does not specify a financial impact from the migration, but provides context on the scale of activity the network serves. Akash expects to move the underlying infrastructure within 24 months of the November 2 announcement, with audits, rehearsals and a separate vote to precede the market conversion.