Akash is a token of the marketplace of cloud computing resources, designed to reduce losses, DeCloud for DeFi. The network token is used as a bidding mechanism to protect the network and normalize computational prices for a market auction.

Akash Network news today, AKT crypto latest news of coin ticker

Akash Network

Binance Research released a report on AI x Crypto, highlighting Akash's growth and $AKT price advantage in comparison to incumbents.

→ https://binance.com/en/research/analysis/ai-x-crypto-latest-data-and-developments…

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Akash was highlighted in the latest report from Binance Research. 

• Decentralized networks, like Akash, offer highly competitive pricing compared to hyperscale cloud providers.
• Active leases on Akash surged in Q4.

Read the full report linked in the post below.