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<p>The price of Akash Network’s native token, AKT, has increased 18.47% in the past 24 hours. The token has hit $3.68 from a low of $3.10. This rally comes after this major crypto exchange made a major announcement regarding AKT.</p>
<h2 class="wp-block-heading" id="crypto-com-introduces-akt-staking-with-attractive-rewards">Crypto.com Introduces AKT Staking with Attractive Rewards</h2>
<p>One of the key reasons for AKT’s price surge appears to be the announcement from Crypto.com. The exchange has revealed that AKT is now available for staking on their platform. The exchange also mentioned that users can earn up to 19% in rewards.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24AKT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$AKT</a> is now available for on-chain Staking in the Crypto․com App!<br><br>Start staking to secure your favourite blockchain while earning up to 19% rewards <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4b0.png" alt="💰" class="wp-smiley" style="height: 1em; max-height: 1em;"> <br><br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f513.png" alt="🔓" class="wp-smiley" style="height: 1em; max-height: 1em;"> Enjoy the flexibility of unstaking your assets in a secure and convenient manner.<a href="https://twitter.com/akashnet_?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@akashnet_</a> <a href="https://t.co/RuSrAi6gwa" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/RuSrAi6gwa</a></p>— Crypto.com (@cryptocom) <a href="https://twitter.com/cryptocom/status/1806284403187851748?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 27, 2024</a>
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<h2 class="wp-block-heading" id="grayscale-research-recognizes-akt-s-potential">Grayscale Research Recognizes AKT’s Potential</h2>
<p>Adding to the bullish sentiment, analyst Journeyto24 has <a href="https://x.com/journeyto24/status/1806526511534768495" target="_blank" rel="noopener noreferrer nofollow">highlighted </a>that AKT has been mentioned in the Grayscale Research Top 20 for Q3 2024. This recognition from Grayscale, a prominent digital asset management firm, carries significant weight.</p>
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<p>The Grayscale Research Top 20 is a curated list of high-potential tokens for the upcoming quarter. The selection process involves consideration of various factors, including:</p>
<ol>
 <li>Upcoming catalysts</li>
 <li>Trending market themes</li>
 <li>Token-specific fundamentals</li>
</ol>
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<h2 class="wp-block-heading" id="technical-analysis-points-to-further-upside">Technical Analysis Points to Further Upside</h2>
<p>Crypto analyst <a href="https://x.com/decilizer/status/1805461776387260464" target="_blank" rel="noopener noreferrer nofollow">Decilizer </a>provides a bullish technical outlook for AKT. The analyst notes that the token is currently experiencing a strong upward trend, having established solid support at $2.8. This support level, combined with high trading activity, is allowing AKT to consistently move towards the analyst’s target of $5.4.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="526" src="https://captainaltcoin.com/wp-content/uploads/2024/06/image-1055-1024x526.png" alt="" class="wp-image-516563" srcset="https://captainaltcoin.com/wp-content/uploads/2024/06/image-1055-1024x526.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-1055-300x154.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-1055-768x394.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-1055-1536x788.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-1055-2048x1051.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-1055-292x150.png 292w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-1055-100x51.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-1055-682x350.png 682w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-1055-788x404.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-1055.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Decilizer also draws attention to AKT’s performance in past rallies, where the token has achieved gains of up to 17x. While past performance doesn’t guarantee future results, this historical context provides an interesting point of view.</p>
<p><strong><em>Read more:&nbsp;<a href="https://captainaltcoin.com/how-many-kaspa-kas-do-you-need-to-become-a-millionaire/" target="_blank" rel="noopener noreferrer nofollow">How Many Kaspa (KAS) Do You Need to Become a Millionaire?</a></em></strong></p>
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<p>The post <a href="https://captainaltcoin.com/heres-why-akash-network-akt-price-is-pumping/" rel="noopener noreferrer nofollow">Here’s Why Akash Network (AKT) Price is Pumping</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Here’s Why Akash Network (AKT) Price is Pumping

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