


Absolutely relentless $AKT bid as GPUs leased reaches an all-time high and yearly fees approach $1m. While it was previously acknowledged that decentralized compute neared saturation, it's increasingly clear @akashnet_ is in a league of its own. https://t.co/8QjW98ymBV
Pay attention to the metrics. Q4 is already underway and @akashnet_ is already up 100 GPUs to 515 with utilization now averaging 85-90% as more $AKT GPUs come online. Pay attention, the acceleration is fast. 🏁 https://t.co/7Gv0fL3SVl
Akash completed an impressive Q3, with nearly all network metrics increasing substantially quarter-over-quarter. Read the full report from @MessariCrypto: https://t.co/TRqkxJL3TX https://t.co/b6L82UiHgF

Hedera and Akash Network reported significant growth in their third-quarter metrics, showcasing advancements in their respective sectors. Hedera launched the Asset Tokenization Studio, an open-source toolkit for managing tokenized securities on-chain. Key metrics for Hedera included an 85% increase in revenue measured in HBAR, a 15% rise in daily transactions, and a 9% increase in DeFi total value locked (TVL) in HBAR. Meanwhile, Akash Network established itself as a leader in decentralized AI computing, with revenue rising 73% quarter-over-quarter to $304,000. The network's GPU capacity also increased by 8.5% to 420 GPUs, with utilization averaging between 85-90%. Additionally, Akash's GPU leasing reached an all-time high, with yearly fees approaching $1 million, indicating robust demand and growth in the decentralized compute market.