What is Akash Network?
Akash Network (AKT) is an infrastructure / oracle network token currently ranked 129th by market capitalization across all crypto assets we track. Infrastructure tokens reward network participants — oracles, indexers, compute providers — for the services they supply to applications.
Market position
At the current price of $0.7981, Akash Network carries a market capitalization of $222.05M. Daily trading volume across exchanges sits at roughly $12.77M. That works out to a 24-hour turnover of about 5.75% of the float — consistent with healthy market activity for a mid-to-large cap asset.
Price action across timeframes
Over the past 24 hours, Akash Network has moved ++0.57%; over the past week, Akash Network has moved -2.91%; over the past 30 days, Akash Network has moved ++66.36%; over the past year, Akash Network has moved -48.85%. Short-term and long-term direction diverge here, which often happens at inflection points where a trend is either reversing or pausing.
Cycle position
Akash Network is currently trading far below its all-time high (all-time high of $10.35, -92.3% from peak). Late-stage capitulation territory — the riskiest end of the cycle but historically the highest-reward. From its all-time low of $0.1673, current pricing represents a +377% recovery.
Supply & dilution
The circulating supply stands at 232,363,087 AKT. Roughly 59.8% of the maximum supply has been issued — meaningful dilution still ahead via emissions, vesting unlocks, or staking rewards.
Volatility profile
Recent price action puts Akash Network in the Low-volatility bucket. The asset has been relatively stable, with moves typical of large-cap, mature assets. Over the past 30 days, the 30-day move totals +66.36%, which traders should weigh against position sizing and stop-loss placement.
How to evaluate Akash Network
A balanced read on AKT typically considers three lenses:
- Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
- Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
- Comparable assets — how is AKT performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.
This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.