Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ALTCOIN NEWS»Decentralized cloud computing altcoin price soars after successful mainnet upgrade
ALTCOIN NEWS

Decentralized cloud computing altcoin price soars after successful mainnet upgrade

By Crypto FlexsMay 12, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Decentralized cloud computing altcoin price soars after successful mainnet upgrade
Share
Facebook Twitter LinkedIn Pinterest Email

The decentralized cloud computing altcoin has surged 44% since completing its mainnet upgrade on May 2.

Akash Network (AKT) is trading at $5.76, up from around $4.00 before launching its “Mainnet 11” version earlier this month.

The 73rd-largest cryptocurrency asset by market capitalization is also up nearly 35% in the past seven days alone.

Akash Network is a decentralized open source cloud network that supports decentralized finance (DeFi) applications and organizations, as well as machine learning, blockchain, and artificial intelligence (AI).

project Called The new upgrade improves the management and tracking of approved AKTs and simplifies the approval process for deployment.

House of Chimera, a blockchain research company, note Akash Network has seen a surge in ecosystem growth in the first quarter of this year, recording more than $140,000 in revenue in the first quarter of 2023, compared to $100,000 in the fourth quarter of 2023 and less than $20,000 in the third quarter.

Describe the company,

“Increased interest in DePin coupled with increased developer demand has led to increased use of AKT.”

Source: House of Chimera/X

DePin stands for Decentralized Physical Infrastructure. The DePIN project involves using cryptocurrency assets and blockchain technology to encourage the construction of real-world infrastructure.

Despite the recent gains, AKT remains down nearly 29% from its all-time high of $.According to CoinGecko, version 8.07 is set for April 2021.

Don’t miss a beat – subscribe to get email alerts delivered straight to your inbox

Check Price Action

follow us XFacebook, Telegram

Daily Hodl Mix Surfing

&nbsp

Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and you will be responsible for any losses you may incur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

Image created by: Midjourney

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SEI tokens have soared more than 100% in June -the highest catalyst explained.

June 26, 2025

$ 438m XRP Transfer Sparks Panic- Ripple?

June 19, 2025

Solana Price Eyes 103% Rally $ 300: Here is the reason.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Earns $9,800 Per Day With BTC Breaks Through $107,000, GoldenMining Global Market.

June 27, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025
Most Popular

Zcash Strengthens User Protection Through Partnership

February 16, 2024

SUI is forecasting a 60% rise and Traders are targeting $5.70.

November 30, 2024

Bitcoin is less than $ 85K -The main BTC price level to see before FOMC

March 18, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.