ETH, SOL, and ZEC decline as Akash moves toward Solana: altcoin roundup

AKT holders voted 97.27% in favor of migrating Akash Network from Cosmos to Solana, the headline development in Monday's altcoin roundup (Nov. 3), as major tokens pulled back: ETH, SOL and privacy-focused ZEC all declined, while NEAR dropped roughly 10% in one of the session's steepest moves. The Akash vote marks a notable defection from the Cosmos ecosystem, where the decentralized compute protocol was a flagship deployment, and signals continued gravitational pull of Solana for infrastructure projects seeking deeper liquidity and developer activity. Separately, spot XRP ETFs continued to post inflows, adding institutional demand to the altcoin complex even as prices retreated broadly. The moves underscore a market rotating narrative-wise toward ecosystem migrations and ETF-driven flows rather than broad risk-on buying. Watch next: final execution details and timeline for Akash's Solana migration, whether NEAR's slide extends or stabilizes, and if XRP ETF inflows persist through the week.