Under-the-radar Altcoin Escapes Crypto Doldrums And Surges By 44% This Week Amid Successful Ai Testing

Akash Network (AKT) is a decentralized open-source cloud network that supports decentralized finance (DeFi) applications and organizations, as well as machine learning, blockchains and artificial intelligence (AI). This week, the project’s native token, AKT, surged from a weekly low of $0.319 to a high of $0.462, marking gains of more than 44%. This price jump happened as the project worked on artificial intelligence testing on its testnet, using an Nvidia A100 GPU. Akash Network founder Greg Osuri noted last week that the testnet is now hosting AI apps, making it the first instance of an open-source supercloud that can host open-source AI.