The cryptocurrency gained 28% in the space of a day, due to a partnership between the giant Amazon and the Avalanche blockchain.
For the past few weeks, we have seen a clear improvement in the crypto market against a backdrop of good structural news, with the big names in tech who have not let up on investments and alliances in cryptocurrencies or blockchain.
This is the case, for example, of the giant Amazon, which through its cloud subsidiary Amazon Web Service will open up the world of blockchain to its customers. There is no question of having a blockchain of its own, the American giant having decided to address a real kingpin of the sector.
More 28%
Amazon Web Service has just announced a major partnership with the Avalanche blockchain. On the heels of the announcement, native blockchain token Avalanche of the same name has gained 28% since Wednesday, according to data from Coinmarketcap .
What does this partnership do? To accelerate the adoption of the blockchain "by companies, institutions and governments", explains the companies in a press release.
Specifically, Amazon Web Services customer developers will be able to create nodes in the Avalanche blockchain to install their business solutions and Amazon will support Avalanche's decentralized infrastructure and applications.
More power for developers
“The AWS-Avalanche cooperation makes it easier for more people to launch and manage nodes on Avalanche, giving the network even more strength and flexibility for developers,” the press release points out.
Despite these fine announcements, this is not the first time that such agreements have been signed, Ethereum in particular, and others, are already partners with Amazon on certain projects, but the cooperation with Avalanche promises to be much more structural and integrated, with a view to making it the blockchain engine of Amazon Web Services, and ultimately a growth accelerator.
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