Avalanche Partners with Amazon Web Services – AVAX Experiences "Crazy" Surge
Avalanche becomes the first blockchain to forge a partnership with Amazon’s cloud computing platform.
On January 11, both parties announced that Amazon Web Services (AWS) has officially partnered with Ava Labs, the team behind Avalanche, to promote and scale blockchain technology applications across businesses, organizations, and governments.
It’s official! @Amazon #ChoseAvalanche to bring scalable blockchain solutions to enterprises and governments 🔺#AWS fully supports Avalanche’s infrastructure and dApp ecosystem, including one-click node deployment, offering the best tooling for these high compliance use cases. pic.twitter.com/syInSrU9XD
— Avalanche 🔺 (@avax) January 11, 2023
This collaboration will streamline the process for developers to launch and manage nodes on Avalanche, thanks to AWS’s infrastructure support and Avalanche’s decentralized applications (dApps).
Additionally, AWS will support Avalanche’s dApp ecosystem and deploy subnets to the Amazon Marketplace, facilitating individuals and organizations in operating their custom subnets. Ava Labs will also join AWS Activate, a program designed for startups and emerging entrepreneurs.
Emin Gün Sirer, Founder and CEO of Ava Labs, commented:
“This is a tremendous benefit for both individual developers and businesses to quickly create nodes and test networks with AWS in any jurisdiction they support.”
Amazon Web Services (AWS) is a comprehensive and widely-used cloud platform offering over 200 services from data centers worldwide. AWS’s diverse client base includes startups, major corporations, and leading government agencies.
Interestingly, this appears to be AWS’s first partnership with a blockchain project. Previously, other blockchains such as Ethereum have used AWS for their infrastructure.
In terms of blockchain integration, Google Cloud seems to have outpaced AWS. For instance, Google Cloud has inked deals with Solana (November 2022), Ethereum and NEAR Protocol (October 2022), BNB Chain (September 2022), and Aptos (April 2022).
Following this news and the overall market growth ahead of the December 2022 CPI announcement, Avalanche's AVAX token has experienced a “crazy” surge over the past 24 hours. The token briefly hit $16.50 and is currently trading around $15.97, with total trading volume reaching $954 million—four times higher than the previous day.
1-hour Chart of AVAX/USDT on Binance as of 08:55 AM January 12, 2023
Recently, Avalanche has made significant strides, including NFT integration with e-commerce giant Shopify, collaboration with the World Chess Federation, and major upgrades like “Banff 5.” However, 2022 was generally a challenging year for Avalanche, struggling to retain users.
