- Avalanche’s price jumped more than 16% after Ava Labs announced a new partnership with Amazon Web Services (AWS).
- Avalanche launches a validation tool and its subnet expansion feature on AWS Marketplace.
- Ava Labs joins AWS Activate and AWS Partner Network (APN).
Avalanche prices surged more than 16% Wednesday afternoon after Ava Labs, the company behind building the Avalanche blockchain, revealed a partnership with Amazon Web Services (AWS).
At the time of writing, the native token AVAX was trading at $14.93, up 16.6% over the past 24 hours. Avalanche is currently up 31% over the past week.
The benefits of the AVAX token follow the news of the partnership between Ava Labs and AWS, a collaboration between the two companies set to accelerate blockchain adoption for businesses, institutions, and governments.
The partnership will give Avalanche users access to easy infrastructure for deploying and managing nodes, the companies said.
Introducing Avalanche Subnets to AWS Marketplace
so Press release The collaboration will not only strengthen the Layer 1 blockchain network, but also provide more flexibility for developers, according to the companies, which were announced on Wednesday.
AWS supports Avalanche’s network infrastructure and decentralized application (dApps) ecosystem. This includes one-click node deployment via AWS Marketplace.
“MeWe are proud to have implemented a protocol that can provide near-instantaneous finality for millions of participantsEmin Gün Sirer, Founder and CEO of Ava Labs, said: “Working with Amazon can accelerate Avalanche’s positive impact,” he added.
The partnership also means that Avalanche nodes will be able to run on AWS GovCloud and Ava Labs will join the AWS Partner Network (APN) and AWS Activate. The latter helps bring the benefits of AWS to his Avalanche ecosystem.
“AWS Activate is the premier resource for developers to bring apps to the masses with Avalanche’s pioneering speed, security, and scalability at its coresaid John Wu, president of Ava Labs, in a statement.
The partnership will allow businesses, institutions and governments to seamlessly launch custom subnets with just a few clicks, Avalanche wrote in a Medium post.
The blockchain platform makes this possible by integrating its scaling capability, subnet deployment, as a managed service on AWS Marketplace. Subnets help scale the Avalanche blockchain by diverting traffic as users leverage functionality through staking of her AVAX.
AWS connects with over 100,000 partners and is available in over 150 countries.