Not financial advice. This is history and education only. We make no buy or sell recommendations and no price predictions.
Akash Network: history, founders and key events
From Sep 2020 to today, every major rally, crash and upgrade, each with a dated, sourced price.
Open the interactive timeline3dated events
2years covered
940daily closes charted
3source links
Latest close in our data: $0.6712 (Coinbase Exchange AKT/USD daily close, 2026-10-14).
LaunchedSep 2020
Consensus or platformProof of stake (Cosmos SDK)
Circulating supply298.8 million (CoinGecko, Oct 14, 2026)
Max supply388.5 million (CoinGecko)
Origin story
Akash Network is a marketplace for cloud computing, where people rent out spare servers and GPUs. It was founded by Greg Osuri and Adam Bozanich and launched its mainnet in September 2020 as a Cosmos chain.
Founders: Greg Osuri and Adam Bozanich.
launchrallycrashupgradelegalforkoutagemilestone
Source: Coinbase Exchange AKT/USD daily closes 2024-03-19 to 2026-10-14. Fetched Oct 14, 2026 from free public APIs. Click a dot for the event and its price on that day.
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Key events
- Mar 19, 2024milestone
First daily close in our data $5.42 (Coinbase Exchange AKT/USD daily close, 2024-03-19)
Our sourced AKT price history begins on this day. - May 17, 2024rally
Highest close in our data $5.94 (Coinbase Exchange AKT/USD daily close, 2024-05-17)
The highest daily close for AKT in our price history. - Feb 5, 2026crash
Lowest close after the peak $0.277 (Coinbase Exchange AKT/USD daily close, 2026-02-05)
The lowest AKT close in our data after its highest close.
Updated
Sources
Facts written in our own words. Last checked Oct 14, 2026.