Akash Network Achieves Record-High Network Fees and GPU Utilization
Akash Network records all-time highs in daily fees and GPU utilization at 68%, marking strong user growth and utilization.
Author: Tanishq Bodh
Written On: Sat, 26 Oct 2024 10:18:48 GMT
Akash Network has reached all-time highs in both daily network fees and GPU utilization, according to CEO Greg Osuri. Daily fees surged over 1,700% year-over-year, and GPU utilization peaked at 68%—a figure Osuri stated is unprecedented across both decentralized and traditional compute networks.
Key Milestones
- Daily Fees and GPU Utilization: Akash reported significant increases, with GPU usage hitting 68%—a milestone the company claims is unmatched by any compute network.
- User Growth: Year-over-year user fees grew over 1,700%, marking strong user engagement and adoption.
As a fully open-source platform, Akash continues to emphasize transparency. All activities are recorded on-chain, providing users with a verifiable log of network operations. In response to this growth, the Akash community is advocating for an expansion in GPU supply, backed by on-chain incentives and verification processes.
Upcoming Roadmap
The Akash core team is expected to release a detailed roadmap in the coming weeks, outlining strategies to maintain and expand upon this growth trajectory.
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In this article
Key Milestones
Upcoming Roadmap