Avalanche (AVAX)Ā grew by 20%Ā in a few hours after Ava LabsāĀ partnershipĀ with Amazon web Services went live.
The partnership will help to scale blockchain adoption across enterprises, institutions, and governments, according toĀ reports. With Ava Labs joining the AWS Partner Network (APN), it will be able to deploy products on AWS with more than 100,000 partners worldwide. Howard Wright, VP and global head of startups at AWS,Ā said:
āLooking forward, web3 and blockchain is inevitable. No one can call the time or date or quarter that itās going to happen and itāll be mainstream, but weāve seen the cycles of growth before.ā
Moreover, AWS will support Avalancheās DApp ecosystem, along with one-click node deployments, through its marketplace. Additionally, Ava Labs will join AWS Activate, a program for startups and early-stage entrepreneurs.
āThis is the beginning of something much, much bigger,āĀ John Wu, president of Ava Labs, said, adding that the Subnets will allow developers āto spin up their own blockchain, a full blockchain, in Amazon very easily.ā
With the AWS-Avalanche collaboration, more people will be able to launch and manage Avalanche nodes, increasing the networkās flexibility and strength, according to reports.Ā Avalancheās total volume currently stands at $458,893,881 ā up 88.75% in 24 hours.
TheĀ AWS websiteĀ notes that about 25% of all Ethereum workloads run on AWS ā which is already being used by a number of blockchains.