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The Akash Network price surged 31% in the last 24 hours to trade at $1.81 as of 3:10 a.m. EST on trading volume that soared 256% to $236.26 million.
The AKT price soared from $1.393 yesterday to its current price. Initially, it saw a surge to a resistance at $1.6, which pushed it back down to $1.5. However, about six hours prior to the time of writing, the price saw a sharp increase to $1.73, and from there, it continued its climb.
The surge happened around the same time as Bitcoin broke the $94.5k barrier after previously dropping to $93k yesterday. The coin’s recovery may have allowed other cryptos, like Akash Network’s AKT token, to see their own price surge.
However, it is worth noting that AKT has been growing steadily since the start of the week, going from $1.2 to $1.8 between April 28 and today.
Akash Network Price Prediction
While the token’s price did see a sharp increase in the last two days, it was not steady and smooth progression, but rather a series of sharp boosts which were then interrupted by resistances that rejected the price, only for it to overcome the resistances and repeat the process.
Its Bollinger Bands moved in a similar manner, seeing major widenings during the growth part of the cycle, only to then narrow down as the price gets rejected. Right now, the bands are in a narrow phase, which might mean that a new surge could come.
AKT/USDT chart analysis (Source: TradingView)
The project’s Relative Strength Index (RSI) value has also seen quite strong performance. It went from an oversold zone on April 29 to the value of 80 early on April 30. It then dropped to 50, only to surge back up to just below 80 on the same day. After that, it dropped to the oversold zone again as the day came to an end, only to see a rapid boost to 72.68 in the early hours of May 1.
The RSI then spent several hours fluctuating between 65 and 70, only to descend toward the neutral value of 50 at the time of writing. However, if the pattern holds, the price is likely to go back up shortly.
Promising Alternative To Akash Network
While the AKT price could recover in the hours to come, investors are turning to Best Wallet (BEST), which is currently still in presale.
BEST is a cryptocurrency that will unlock the wallet’s full potential for those who hold the token. Given that the wallet already offers plenty of features, it is easy to understand why it is climbing to the top of the lists.
Best Wallet is a non-custodial mobile wallet for Android and iOS devices that supports over 60 blockchains and the thousands of cryptocurrencies that run on them. It allows users to connect their other wallets to it, and manage all of their funds and different portfolios from one place.
🚨 Best Wallet Airdrop Ending Soon! 🚨
The airdrop campaign is officially ending on May 15th!
🎯 Here’s what you need to know:
— All $BEST rewards will be distributed to Best Wallet addresses.
— To receive your rewards, you must complete the “Connect Best Wallet” quest before… pic.twitter.com/DMVl9bMEpg— Best Wallet (@BestWalletHQ) April 23, 2025
Furthermore, it even has a native launchpad that already rolled out several cryptos such as Wall Street Pepe, Pepe Unchained, and Catslap. Each of these projects saw a major price surge after going live, which brought credibility to the launchpad and its choice of promising coins and tokens.
Now, the launchpad is also offering BEST, and those who hold it will get even more perks, like reduced trading fees, higher staking rewards, early access to new tokens, and access to community governance.
Furthermore, ClayBro, a crypto YouTuber with over 136k subscribers, recently pointed out the success of utility tokens, which further encourages investors to buy BEST. This is why its ICO has raised over $11.92 million, closing in on the $12 million mark while the token’s price is only $0.024925
Interested investors will want to buy BEST before the next presale price hike in less than 9 hours.
Visit the official Best Wallet website.
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