Akash Network (AKT) crypto is currently trading near $0.56, retracing roughly 6.8% just as its most significant technical milestone goes live. While the \u2018Project Twilight\u2019 hard fork introduces the long-awaited Burn-Mint Equilibrium (BME) to the network, the immediate price action is forcing traders to ask a difficult question. Is this a breakout opportunity, or a classic \u2018buy the rumor, sell the news\u2019 trap?<\/p>\n
The token has outperformed its monthly baseline of $0.30 significantly, but localized selling pressure is building as Bitcoin struggles to reclaim the $68,000 level. With the upgrade now deploying a sophisticated balance between usage and supply, the market is deciding whether the easy money has already been made.<\/p>\n
On the 1-hour chart, AKT<\/a> is walking a tightrope. Trading around $0.567, the price is holding delicately above a rising trendline that has supported the rally since the breakout at $0.49. The trend remains technically bullish, creating higher highs and higher lows\u2014but the momentum is waning.<\/p>\n The bull case relies on defense. Bulls must protect the $0.531\u2013$0.562 zone. This area aligns with short-term moving averages and the trendline support. Think of these averages as lines in the sand; as long as the price stays above them, the uptrend is intact. If AKT can consolidate here and push through the $0.60 resistance, the path opens toward the recent highs of $0.71.<\/p>\n\n (Source: AKTUSD \/ TradingView<\/a>)<\/p>\n However, the bear case is lurking. The 14-day RSI (Relative Strength Index) recently hit 79.12, signaling the asset was overbought. If the $0.56 support gives way, the trapdoor opens toward $0.49. Volume is not optional here\u2014recent dips have seen reduced liquidity as exchanges paused deposits for the upgrade.<\/p>\n This technical setup mirrors the tension seen during the Solana Alpenglow consensus upgrade<\/a>, where technical improvements battled against short-term profit-taking. For AKT, the $0.56 level is the binary trigger: hold it, and the rally continues; break it, and the correction deepens.<\/p>\n Project Twilight changes how AKT actually works.<\/p>\n The old model ran on standard inflationary rewards. The new Burn-Mint Equilibrium flips that. When customers buy cloud compute on Akash, they burn AKT. The network mints Akash Compute Tokens in return. Every transaction removes supply from circulation.<\/p>\n The mechanic is straightforward. More network usage means more AKT burned. Growth and deflation become the same thing. For a DePIN project, that is exactly the structure needed to make utility drive value rather than just speculation.<\/p>\n Every compute transaction on Akash will now burn $AKT<\/a>.<\/p>\n Burn-Mint Equilibrium makes $AKT<\/a> essential to every deployment while maintaining USD pricing and pegged payments for tenants and providers.<\/p>\n The biggest upgrade in Akash Network’s history is scheduled for March 23rd at 14:00\u2026<\/p>\n \u2014 Akash Network (@akashnet) March 19, 2026<\/a><\/p>\n\n AI adoption is pushing GPU compute demand higher right now. Under the BME model, the demand mechanically supports the AKT price. The upgrade moves Akash from a speculative bet to a revenue-driven economy.<\/p>\n One level matters right now: $0.56.<\/p>\n A confirmed bounce off $0.56 with increasing volume is the long entry signal. A high-volume candle closing above that level means the sell-the-news flush is over. First target is $0.665, with $0.71 as the next boss fight.<\/p>\n Lose $0.56 on a daily close, and the trendline is broken. Price seeks liquidity lower, and $0.49 comes into view. Do not try to catch anything in the gap between $0.49 and $0.56. There is nothing to catch there.<\/p>\n The post Akash (AKT) Crypto Volatility: Is the Akash Upgrade a \u2018Buy the Rumor, Sell the News\u2019 Event?<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Akash Network (AKT) crypto is currently trading near $0.56, retracing roughly 6.8% just as its most significant technical milestone goes live. While the \u2018Project Twilight\u2019 hard fork introduces the long-awaited Burn-Mint Equilibrium (BME) to the network, the immediate price action is forcing traders to ask a difficult question. Is this a breakout opportunity, or a […]<\/p>\n","protected":false},"author":0,"featured_media":143968,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-143967","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/143967"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=143967"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/143967\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/143968"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=143967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=143967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=143967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}What the BME Upgrade Actually Changes<\/h2>\n