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Layer-1 cryptocurrency surpassed Bitcoin, and Ethereum soared 27% after Amazon Cloud cooperation
avalanche
AVAX/USD
+7.09%
Within a few hours after the launch of the partnership between Ava Labs and Amazon Web Services, the share price soared by more than 27%.
Ava Labs has joined the AWS partner network, making it possible to cover more than 100000 partners worldwide, and helping to accelerate the adoption of blockchain in enterprises, institutions and governments.
Howard Wright, vice president of AWS and head of global startups, said: "Looking ahead, web3 and blockchain [are] are inevitable. No one can determine the time, date or quarter when it will happen. It will become the mainstream, but we have seen the growth cycle before."
AWS said on its website that about one quarter of Ethereum
ETH/USD
+9.43%
Workloads are running on their platforms, and multiple blockchains are already using their services.
Price action: According to the data of Benzinga Pro, the transaction price of Apex Crypto Bitcoin (CRYPTO: BTC) in the past 24 hours was US $18218, up 4.36%. The trading price of ETH in the past 24 hours was USD 1402, up 5.10%.