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Nosana

NOS · Field entry

A Solana-based marketplace for renting GPUs to run AI models

$0.52193.91%Snapshot · October 20, 2026 · updates live
Market cap
$52.19M
24h volume
$517,718
Rank
#435
Circulating
100.00M NOS
Max supply
100.00M NOS
All-time high
$7.83 March 6, 2024

NOS price chart

7-day snapshot. Chart data from CoinGecko.

What is Nosana?

Nosana is a marketplace where developers rent GPU time from independent hardware owners, mostly to run AI models. Coordination and payments run on Solana, while the actual computing happens on the hosts' machines. Its public GPU marketplace opened in January 2025, and hosts are paid in the NOS token.

Utility Lens

What Nosana actually does

Matches AI developers who need GPU time with independent GPU owners, settling payments in NOS on Solana.

Real-world usage
growingThe marketplace has run publicly since January 2025 with named paying customers, though overall paid volume is not independently reported.
Token necessity
integralHosts are paid in NOS and customer payments are converted into it, but customers can pay by card or USDC without holding NOS.
Decentralization
limitedGPU supply comes from independent hosts, but the Nosana team runs the markets, core software and most development.
Track record
provenThe NOS token launched in January 2022 and the project pivoted from software automation to AI; the public GPU marketplace dates to 2025.

How we rate

What it’s used for

Developers deploy containerized AI workloads, such as language models, image generation and speech transcription, and buy GPU credits by card, USDC or NOS. Nosana says card and USDC top-ups are converted into NOS, and hosts are paid in NOS. Image app Sogni AI is among the named customers. Hosts also receive incentive rewards, so not all host income comes from paying customers.

Role of the NOS token:

paymentsstaking securitygovernance

Evidence of real use

The AI angle

AI role
compute marketplace
What actually happens
Nosana rents GPUs from independent hosts to developers who run AI inference, image and speech models. Customer payments are converted into NOS and paid to hosts, so the token is linked to real compute purchases, though incentive rewards also make up part of what hosts earn.

AI crypto, explained

How Nosana works

Nosana began as a decentralized network for continuous integration, the automated building and testing of software, before shifting its focus to AI inference as GPU demand grew. Today a developer writes a job definition that names a container image, the commands to run and the hardware needed. The network places the job in a GPU market and matches it with a host whose machine meets the requirements. Before mainnet, the team tested hardware verification, benchmarking and anti-spoofing checks so that advertised GPUs match what hosts actually provide.

Solana handles the coordination layer: job posting, payments, staking and rewards are recorded on-chain, while the models themselves run off-chain on the hosts' GPUs. Customers can buy GPU credits with a card, USDC or NOS. According to Nosana, card and USDC payments are converted into NOS, so hosts receive the token for the work they deliver.

Token incentives have been a sore point. In late 2025 Nosana said its emissions were growing supply even when jobs were not, and proposed NNP-0001 to shift rewards away from passive stakers and toward hosts who stay online and customers who return. Holders approved the proposal in a November 2025 vote. Paid jobs and incentive rewards still both feed host income, so readers should not treat all NOS flows as customer demand.

Key moments

  1. 2022Nosana launches the NOS token in January after an initial DEX offering on Solanium.
  2. 2023Nosana starts an incentivized public test grid for GPU hosts, backed by 3 million NOS.
  3. 2025The public GPU marketplace opens on January 14.
  4. 2025NOS holders vote from November 17 to 21 on NNP-0001, which ties rewards to measured host reliability and repeat usage, and approve it.

Supply

NOS is a Solana SPL token. Nosana's token page shows a total supply of 99,999,711 NOS, all of it counted as circulating, and Coinbase likewise reports about 100 million. NNP-0001 redirects host and staking rewards away from passive staking and toward measured contribution.

Risks to understand

  • Host income still depends partly on incentive programs, not only on paying customers.
  • Consumer-grade and distributed GPUs can be less reliable than data center hardware for production workloads.
  • Competition from other GPU networks and from large cloud providers is intense.
  • The Nosana team controls the software, markets and most development, which concentrates control.

Nosana FAQ

Do I need NOS to rent a GPU on Nosana?

No. Nosana accepts credit cards and USDC, which it converts into NOS behind the scenes to pay hosts.

Can I earn with my own GPU?

Nosana lets owners of compatible GPUs connect their hardware as hosts, and hosts are paid in NOS for the workloads they complete.

What was NNP-0001?

Nosana's first governance proposal, approved by holders in a November 2025 vote, which shifts rewards from passive staking toward reliable hosts and repeat customers.

Sources

  1. NOS token (opens in a new tab) — Nosana
  2. The token behind the compute: how NOS powers Nosana (opens in a new tab) — Nosana
  3. From Solana DePIN to developer-ready GPU cloud: the Nosana journey (opens in a new tab) — Nosana
  4. From yield to growth: aligning NOS rewards with real usage (opens in a new tab) — Nosana
  5. NNP-0001 vote results (opens in a new tab) — Nosana
  6. The metaverse celebrates a win with the launch of the Nosana token (opens in a new tab) — GlobeNewswire via Yahoo Finance
  7. Nosana launches incentivized public test grid with 3 million $NOS (opens in a new tab) — Nosana
  8. Nosana price page (opens in a new tab) — Coinbase

Last reviewed October 20, 2026. Written by . Utility Lens ratings are editorial judgments, not investment advice. Market data from CoinGecko. Spot an error? Request a correction.

About the author

Dave McNaught has worked in IT since 1999 and founded All Business Technologies (ABT) in 2003, a Boston-area firm providing Managed IT, Cybersecurity, Managed AI, Web Design and App Development. He publishes The Crypto Guide.