Akash Network is making waves in the crypto world as a decentralized platform for computing. Its coin, AKT, skyrocketed by 2400% in the past year, making it one of the top performers in the market. This surge has caught the attention of many in the crypto community.

Founded in 2018 by Overclock Labs, Akash Network aims to decentralize cloud computing. It acts as a marketplace where server owners and users seeking computing power can connect. Built on Blockchain technology using the Cosmos SDK and Tendermint consensus mechanism, Akash Network makes cloud resources more accessible.

Since its launch in 2020, Akash Mainnet has seen continuous development, introducing features like the Akash Marketplace and Inter-Blockchain Communication compatibility. With support for GPUs and stable payments, Akash has become a hub for AI development, even launching Akash ML to provide GPU spot instances for AI developers.

Future upgrades will focus on improving validator commissions, GPU visibility, and multi-service deployments. These advancements solidify Akash's position in cloud computing and AI development.

Recently, AKT has seen a surge, reaching $5.71 with a 15.63% increase in 24 hours. Breaking a significant trend line indicates a potential reversal in its previous downward trend, with expectations of maintaining support above $5.095. This positive movement suggests further strengthening for AKT in the market.