The total crypto market capitalization fell 3.5% to $2.6 trillion, erasing the previous day’s gains. Akash Network approved its departure from Cosmos for Solana with 97.27% of the vote and 69.37% participation from staked AKT; approximately 300 million tokens will be exchanged on a one-to-one basis through a portal that will remain open for 24 months. Akash says network fees will drop to 0.075 SOL per day and that marketplace operation costs could be nine times lower, or 300 times lower under heavy usage. Ethereum fell 1.5% to $2,251, Solana dropped 2.7% to $92, Zcash declined 10.6% to $1,135 and NEAR lost 10.3% to $3.81. Spot XRP funds attracted $4.32 million over the week, while Bitcoin, Ethereum and Solana funds lost more than $700 million combined.
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