Key insights:
- Akash Network is considering Solana as one of 15 blockchain candidates for future integration.
- VanEck has filed its latest Solana ETF with a 0.30% management fee and staking features.
- UAE’s KAIO platform, backed by Solana, facilitates tokenization of real-world assets
In a major development, Akash Network is considering Solana as its new home.
Founder Greg Osli said the project team is considering 15 blockchains, including Solana, to determine the best fit.
Although the review is still underway, the move to Solana could be a big step for both networks.
Akash Network founder talks about moving Solana
Akash Network founder Greg Osuri confirmed that Solana is being considered as a new home for Akash.
He said the team is researching 15 different blockchains, having received interest from several project foundations in recent days.
Osuri explained that the review will be public and the community will be allowed to participate in decisions.
He added that all blockchains being considered will be treated fairly and carefully considered.
According to him, only a few large networks such as Cardano, BNB Chain, Tron, and TON are not included in the current review list.
Osuri also said that researching these 15 chains will take time but will help the team gain a deeper understanding of the blockchain space.
Akash Network is known for offering decentralized cloud computing. A potential move to Solana would be beneficial for both parties.
Akash Network considers Solana integration | Source: Greg Osri
Solana is known for its speed and low transaction costs, while Akash provides a powerful infrastructure for developers.
If this plan comes to fruition, Akash will benefit from Solana’s high performance, and Solana will benefit from Akash’s experience with distributed systems.
Growing interest from institutional investors in Solana ETF
It’s worth noting that interest in Solana is increasing among investors.
VanEck has updated its Solana Spot and Staking Exchange Traded Fund (ETF) filings with the U.S. Securities and Exchange Commission.
The company said the fund has a 0.30% management fee and includes staking to generate additional returns.
Analyst Eric Balchunas said fees are reasonable and Solana’s ETF is attractive compared to other ETFs.
VanEck Solana ETF Latest Information | Source: Eric Balchunas
He added that transparent fees make it easy for investors to compare different crypto funds.
The ETF will track Solana’s market price while also using staking to increase returns for investors.
VanEck said it will work with third-party staking providers, including SOL Strategies, to manage its staking operations.
The filing also mentioned a 5% liquidity buffer to allow investors to redeem their funds during market fluctuations.
This structure combines traditional investing with a regulated staking system and is new to the US market.
The move could help Solana gain more recognition in the traditional financial sector. This shows that Solana is becoming a trusted network for investors, especially as more fund managers start offering Solana-linked products.
Can Solana scale up real-world asset projects and attract Akash Network?
In a separate move, Solana is also working to tokenize real-world assets.
A recent post by Solana focuses on a project called KAIO, a platform built on Solana that turns traditional funds into digital tokens.
KAIO operates in the Abu Dhabi Global Market and is regulated by the Virtual Assets Regulatory Authority.
The project is backed by leading investors including Further Ventures, Brevan Howard Digital, and Laser Digital.
KAIO’s goal is to bridge traditional finance and blockchain by following strict rules and ensuring transparency.
The company says it is focused on trust and compliance, which are key to bringing institutional capital into the cryptocurrency space.
The UAE has become a major hub for financial innovation, and Solana’s involvement in such projects strengthens its image as a trusted blockchain for global use.
With Akash’s potential move, VanEck’s ETF filing, and KAIO’s tokenization platform, Solana is showing strength across technology, finance, and regulation.
Essentially, these developments suggest that Solana could play a larger role in connecting decentralized systems and mainstream finance.
If Akash ultimately decides to build on Solana, it could be one of the most important partnerships in the cryptocurrency space this year.
