Cryptocurrency traders and investors are increasingly turning to decentralized cloud computing platforms for both utility and investment potential. Among them, Akash Network (AKT) has emerged as a notable player in the distributed computing and storage space. This article dives into the current market dynamics, technical indicators, price trends, and broader context surrounding AKTUSD — the trading pair that tracks Akash Network’s value against the US Dollar.
Whether you're evaluating AKT for short-term trading or long-term portfolio inclusion, understanding its performance metrics, volatility, and market sentiment is essential. Let’s explore what the data reveals.
Understanding Akash Network (AKT)
Akash Network is a decentralized cloud computing platform designed to offer an open, permissionless marketplace for computing resources. By leveraging underutilized server capacity across the globe, Akash enables developers and organizations to access affordable cloud infrastructure without relying on centralized providers like AWS or Google Cloud.
This focus on decentralized computing, cost efficiency, and blockchain-based resource sharing positions Akash Network at the intersection of Web3 innovation and real-world utility — making AKT a compelling asset within the crypto ecosystem.
Current Price and Market Performance
As of now, the price of Akash Network (AKT) stands at $0.997, reflecting a modest +0.91% increase over the past 24 hours. While this suggests short-term stability, broader timeframes reveal a more challenging outlook:
- 7-day change: −10.11%
- 30-day change: −22.85%
- 1-year change: −73.00%
These figures highlight significant downward pressure over the medium to long term, consistent with broader market corrections affecting many altcoins since 2024.
Despite these declines, AKT maintains a 24-hour trading volume of $7.29 million, indicating sustained interest and liquidity. For context, this places it among mid-tier cryptocurrencies in terms of trade activity — not dominant, but far from dormant.
Market participants often use tools like the Crypto Coins Heatmap to compare AKT’s movement against other digital assets. Such visualizations help identify whether trends are isolated or part of a sector-wide shift — especially useful when analyzing niche segments like decentralized compute.
Technical Analysis: Signals and Indicators
Technical traders rely on a blend of oscillators and moving averages to assess momentum and trend direction. For AKTUSD, the current signals paint a cautious picture.
Oscillators: Neutral to Bearish
The oscillator suite — including RSI, MACD, and Stochastic — collectively rates AKTUSD as neutral overall. However, deeper analysis shows:
- Short-term indicators lean toward sell
- Medium-term momentum remains weak
- No strong buy signals detected across major timeframes
This suggests limited upside potential in the immediate future unless external catalysts emerge.
Moving Averages: Mixed but Leaning Negative
Moving averages across multiple intervals (from 5-period to 200-period) also return a neutral summary. Yet, when broken down:
- Most short-to-medium term MAs indicate sell
- Long-term averages show no reversal pattern
- Price continues to trade below key levels like the 50-day and 200-day MA
Combined with the oscillator data, this reinforces a bearish bias in technical sentiment.
Historical Price Trends
Akash Network reached its all-time high of $6.893 on April 23, 2024, fueled by growing adoption of decentralized infrastructure during the broader Web3 surge. Since then, AKT has undergone a steep correction, losing over 85% of its peak value.
On the flip side, the recent low was recorded at $0.850 on April 7, 2025, suggesting that downside momentum may be nearing exhaustion — though confirmation would require sustained buying pressure.
With a maximum supply capped at 388.54 million AKT, the tokenomics are deflationary by design. No new coins will be minted beyond this limit, which can support long-term value accrual if demand increases.
Trading AKT: Platforms and Strategies
While platforms like TradingView provide robust charting and idea-sharing capabilities, actual trading requires integration with a supported broker or exchange. Users can connect their accounts from trusted platforms such as Binance, Kraken, or Coinbase directly through TradingView to execute trades seamlessly.
However, traders should always verify broker reliability and security practices before linking accounts. Given the volatility inherent in cryptocurrencies — AKT currently registers 2.4% daily volatility — risk management is critical.
For those developing strategies, consider reviewing:
- Published trading ideas from experienced analysts
- Real-time crypto news feeds that impact market sentiment
- Curated watchlists featuring AKTUSD alongside related decentralized tech tokens
Engaging with community discussions via public chats or comment sections can also provide valuable insights into shifting perceptions.
Frequently Asked Questions
What is the current price of Akash Network (AKT)?
The current price of AKT is $0.997 USD, with a 24-hour gain of +0.91%.
How volatile is Akash Network?
AKT has a daily volatility of approximately 2.4%, which is moderate compared to more speculative altcoins.
What was AKT’s highest price?
Akash Network reached its peak at $6.893 on April 23, 2024, during a period of strong momentum in decentralized infrastructure projects.
What is the lowest price AKT has reached recently?
The most recent low was $0.850 on April 7, 2025, marking a potential support level worth watching.
Is there a supply limit for AKT?
Yes, Akash Network has a hard cap of 388.54 million tokens. No additional coins will be issued beyond this amount.
Where can I trade AKT safely?
You can trade AKT on reputable exchanges like Binance, Coinbase, and Kraken. Alternatively, you can trade directly from TradingView by connecting to a supported broker.
👉 Start trading AKTUSD with precision using advanced charting and execution tools.
Final Thoughts
Akash Network represents a unique convergence of blockchain technology and practical cloud computing solutions. While its price has faced significant headwinds over the past year, its underlying use case remains relevant in an era where decentralization and cost efficiency are paramount.
Traders should approach AKT with caution given current technical signals and prolonged downtrends. However, long-term investors may see value in accumulating at current levels, especially if adoption of decentralized compute accelerates in coming quarters.
Staying informed through reliable data sources, technical analysis, and community engagement will be key to navigating AKT’s evolving market story.
Keywords: Akash Network, AKTUSD, decentralized computing, cryptocurrency trading, technical analysis, crypto volatility, blockchain storage, distributed cloud