Akash opens one-way $AKT bridge to Solana
Akash locks $AKT on its Cosmos chain and mints it on Solana for two years; about 1.8M tokens moved by midday Friday.
Solana (SOL/USDT)
$78.25 +4.9% · 3 mo
1.8MAKT tokens moved through the bridge by midday Friday
Not yet known
- Exact timing of Solana staking for the bridged AKT, which the founder says is a few months away
- Whether the bridge flow will continue beyond the first day of activity
What we know
Bankless reported the portal moved about 1.8M $AKT, roughly 0.6% of supply, with Solana staking due in a few months per founder Greg Osuri.
Sources
@toly
“Akash opened a one-way portal that locks $AKT on its Cosmos chain and mints the same amount on Solana”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.