The Royal Pond.

Crypto news. Royal judgement.

Wallet
Platforms ·

Akash approves its Solana move. The marketplace has not moved yet.

The Royal Pond · 2 linked sources

Share story
WhatsAppTelegramXFacebookEmail

THE STORY · FACTUAL SUMMARY

Akash’s proposal 346 passed after voting closed on 2 November, approving a move from its own Cosmos chain to Solana. The decision authorises preparations for a Solana version of AKT; it does not itself transfer the live computing marketplace.

The governance record shows 98.7% support among decisive votes. The approved text expects the token and migration portal two to three weeks after passage, subject to completed audits. That is a conditional estimate, not a verified launch date or an invitation to use an unofficial migration website.

The core team’s case is that Akash can run its computing marketplace without maintaining an entire blockchain. Its 26 October explanation also acknowledges what would be lost: independent consensus, the existing validator income stream and native connections to other Cosmos networks. Moving infrastructure brings trade-offs as well as a new address.

A separate vote must set the marketplace’s switch-over after audits and rehearsals. Until then, existing leases, staking and governance continue on the current chain. The plan ends old-chain staking rewards at that later switch-over, rather than immediately after this ballot.

The proposed token conversion is one-way and one-for-one, with a portal intended to remain open for two years. Holders should wait for final instructions through Akash’s official channels. This vote records a decision; the text proposal does not execute a migration on its own.

HIS MAJESTY’S ASSESSMENT · OPINION
The removal van has been approved. Please stop trying to unplug the fridge while lunch is still in it.

The receipts

A DISPATCH FOR THE MASSES

Worth passing round?

Send the story to a friend, or take Bumpy’s verdict card with you.

Share story
WhatsAppTelegramXFacebookEmail

Downloadable illustrated card for Akash approves its Solana move. The marketplace has not moved yet.
This is the image you’ll download. Tap or click to view full size.
Sharing opens your chosen app or a draft; you decide what to send. To share the card itself, download the image and attach it. Each platform controls its link preview.
AN AUDIENCE WITH THE POND

Have a question about this?

Ask Bumpy about this story →

Take this story into our Telegram community. Bring a source, a question or a well-placed eyebrow.

Opens the community invite. Paste the story link into the conversation; nothing is sent automatically.

This is the 3 November 2026 edition. Facts may have developed since publication. Read the latest briefing →

Ask BumpyThe toad is listening ↗