Governance Proposal 346 would launch AKT as a Solana SPL token through a one-way migration portal, with a separate later vote required to move the compute marketplace itself.

Server racks at the Wikimedia Foundation data center. Photo: Victorgrigas via Wikimedia Commons (CC BY-SA 3.0). Source
Akash Network opened voting on October 26 on Governance Proposal 346, which would move the decentralized cloud marketplace off its sovereign Cosmos chain akashnet-2 and rebuild it as native programs on Solana mainnet. Voting runs through November 2, and early tallies showed roughly 98% support, according to Crypto Briefing.
The Akash core team published its rationale in a blog post the same day. "The Akash core team has selected Solana as the next home for Akash Network," the post states. "We propose to leave Akash's sovereign Cosmos chain, akashnet-2, and rebuild the marketplace as native programs on Solana mainnet."
Proposal 346 authorizes the token leg of the move only. If it passes, AKT would convert one-to-one to a Solana SPL token, keeping its ticker and six decimals with total supply unchanged. Conversion would run through a one-way portal open for two years from token launch. Staked AKT must first be unstaked, a process that takes 21 days on the Cosmos chain.
The portal would not open immediately. The blog says the token and portal must clear two independent audits first, with launch expected about two to three weeks after the migration proposal passes. Once AKT crosses to Solana, there is no path back to Cosmos. The two-year portal window is the only conversion route, and the supply, ticker and six-decimal precision stay the same on the Solana side.
Moving the actual compute marketplace is a separate decision that requires its own governance vote after additional audits and rehearsals. No cutover date is set; a later cutover proposal would fix it. When cutover eventually happens, existing workloads on the old chain would keep running for 90 days before akashnet-2 halts, the blog says.
The team picked Solana over an EVM L2 finalist after an open request-for-proposals process that began in December 2025 with AEP-79 and narrowed through a 15-document Chain Migration Program published in August. Among the reasons the blog lists: roughly 100 validators currently bond AKT only to secure consensus; the core team maintains its own forks of cosmos-sdk, CometBFT and gogoproto; network fees for the whole marketplace on Solana would come to about 0.075 SOL a day; and more than 50 DePIN projects, including Helium, Render, io.net and Hivemapper, already settle on Solana.
Solana Foundation answered with funding and audit support, a gas subsidy design and a phased plan, according to the post. The migration does cost Akash something: sovereign consensus, validator income, native IBC and the own-chain story. Validators lose their role and income at halt, and the blog commits to a respectful wind-down.
ChainCatcher reported that voting started at 23:02 Beijing time on October 26 and ends November 2, with about 98.29% of votes in favor at the time of its write-up. The proposal sets no marketplace switch date; a separate switch proposal would be required.
Four on-chain proposals bracket the full program: the migration proposal now, a cutover proposal once audits and rehearsals pass, a sunset upgrade 21 days before cutover and a halt upgrade 21 days before halt. Gate 0 closes if the migration proposal passes with 33.4% quorum and a majority voting yes. A failed proposal sends the program back to option analysis, and nothing moves.
For AKT holders, the token conversion is one-way. Once AKT crosses to Solana as an SPL token, there is no path back to Cosmos, and the two-year portal is the only conversion route. Stakers who want to migrate must first unstake, which takes 21 days on akashnet-2, so the blog's timeline assumes holders plan that lag ahead of the portal window. Workloads already running on the old chain would keep executing for 90 days after marketplace cutover before akashnet-2 halts for good.