- Avalanche price surged over 16% after Ava Labs announced a new partnership with Amazon Web Services (AWS).
- Avalanche will launch the validator tool and its subnet deployment feature on the AWS Marketplace.
- Ava Labs joins AWS Activate and the AWS Partner Network (APN).
avalanche price Shares jumped more than 16% on Wednesday afternoon after Ava Labs, the company that helped build the Avalanche blockchain, revealed a partnership with Amazon Web Services (AWS).
At the time of writing, native token AVAX was trading at $14.93, up 16.6% over the past 24 hours. Avalanche is currently trading up 31% over the past week.
Avax Token Bounces After Ava Labs And AWS Partnership News, Set To Accelerate Collaboration Between Both Companies blockchain Adoption for enterprises, institutions and governments.
The companies said the partnership gives Avalanche users access to an easier infrastructure to deploy and manage nodes.
Bringing Avalanche Subnets to the AWS Marketplace
one in Press release Published on Wednesday, the companies said the collaboration will also strengthen the layer-1 blockchain network as well as increase its flexibility for developers.
AWS will support Avalanche’s network infrastructure and decentralized applications (dApps) ecosystem, which will include one-click node deployment through the AWS Marketplace.
“II am proud that we have implemented a protocol that can accommodate millions of participants in near-instant finalsaid Emin Gün Sirer, Founder and CEO of Ava Labs. ,Our work with Amazon can accelerate Avalanche’s positive impact,” she added.
The partnership also means Avalanche nodes can now run in AWS GovCloud, while Ava Labs joins the AWS Partner Network (APN) and AWS Activate, the latter helping to bring the benefits of AWS into the Avalanche ecosystem.
,AWS Activate is an excellent resource for developers looking to bring apps to the masses with the trailblazing speed, security, and scalability of Avalanche.John Woo, president of Ava Labs, said in a statement.
With this association, enterprises, institutions and governments can launch custom subnets seamlessly, with the process involving just a few clicks, Avalanche wrote in a Medium post.
The blockchain platform will make this possible through the integration of its scaling feature, Subnet Deployment, as a managed service on AWS Marketplace. The subnets help scale the Avalanche blockchain by diverting traffic, in which users take advantage of the functionality through staking of AVAX.
AWS connects over 100,000 partners and is available in over 150 countries.