Akash Network's AKT token price surged 20.2% to approximately $0.417, with trading volume skyrocketing 981.7% to $54.47 million. Ahead of the key on-chain voting on the "Burn-Mint Equilibrium" upgrade proposal, speculative interest has significantly increased. The proposal directly links token utility to network demand by burning AKT tokens used for computation. This move pushed AKT out of a weeks-long consolidation range, and the price is currently testing the $0.44 resistance level. Despite the price increase, the extremely low negative funding rate indicates crowded short positions in the derivatives market, which could pose a risk of potential volatility.

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