Akash Network price rose sharply to hit highs of $0.53 on Tuesday. The token rallies as the decentralized AI sector attracts attention. Buyers may target $1 next, although bearish pressure persists.

Akash Network’s AKT token climbed sharply on Tuesday, rising about 15% over the past 24 hours as renewed investor interest in decentralized artificial intelligence infrastructure lifted prices across the sector.

While the advance lagged gains seen in tokens such as Hyperliquid, Pump.fun and Axie Infinity, AKT outperformed many of its peers, reflecting growing confidence in decentralized cloud platforms as alternatives to centralized providers.

The broader crypto market posted modest gains on January 27, but a handful of AI-linked tokens recorded outsized moves.

AKT rose to around $0.53, up from intraday lows near $0.41, placing it among the strongest performers in its segment.

Trading activity also accelerated sharply, with 24-hour volume jumping more than 600% to above $45 million.

The surge lifted AKT above many decentralized AI peers, including established projects such as Bittensor and Render, which posted more muted intraday advances.

Market participants attribute the rally to increased attention on Akash Network’s role in distributed AI inference, as demand for decentralized GPU compute continues to grow.

Analysts also point to signs of larger-holder activity and broader sector momentum as contributing factors.

Interest in AI-related crypto assets has increasingly shifted toward practical adoption rather than speculative themes.

Projects such as Render, Bittensor, NEAR, and Virtuals Protocol have all seen recent price strength tied to real-world usage of AI infrastructure.

Akash Network, which operates a decentralized cloud and GPU marketplace for AI training and inference, has benefited from that shift in focus.

Analysts say investor interest has been supported by the platform’s positioning within the expanding AI compute market.

From a technical standpoint, AKT is showing broadly constructive signals, although near-term indicators remain mixed.

Prices are consolidating around the $0.48 to $0.50 area, a zone that represents near-term supply.

A sustained break above this level would be needed to extend the rally.

If momentum continues and broader market conditions remain supportive, analysts see potential upside toward $0.74, a level backed by improving MACD signals and a recovering relative strength index.

Further out, $1 and $2 are viewed as longer-term reference points, having marked key peaks in the previous market cycle.

However, analysts caution that volatility remains elevated. Profit-taking could trigger pullbacks, with initial support seen in the $0.43 to $0.35 range.

The post Akash Network rallies 15% as demand grows for decentralized AI infrastructure appeared first on CoinJournal.

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