Akash Network's native token, AKT, surged 31% on October 26, driven by a broader cryptocurrency market recovery and increased whale activity on spot markets. Despite the significant gains, AKT has not yet surpassed the $1 mark and has seen some retracement as traders anticipate a positive macroeconomic outlook. The recent AWS outage, which affected several Web3 applications, has sparked renewed interest in Akash Network as a decentralized cloud alternative. However, recent token inflows to exchanges indicate profit-taking, potentially delaying further upward movement beyond the $1 threshold.