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.

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Akash Network

GPU networks are leading the #DePIN sector.

@rendernetwork and @akashnet_'s market caps have grown 70% and 30% respectively over the last 30 days. Additionally, the overall DePIN market cap has expanded significantly to a combined $7.3B.

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DePIN is now a $7.3B market.

Akash and other infrastructure networks have contributed significantly to this growth — which comes right as @ovrclk_ and ThumperAI are set to train the first foundation AI model on distributed compute.

DePIN is now a $7. 3B market.