According to the official Avalanche Medium blog post, Ava Labs has teamed up with leading cloud provider, AWS, to bring scalable solutions to both enterprises and governments in a significant development for the blockchain industry.
The Avalanche (AVAX) token has seen significant gains, with a 24% increase in the last 24 hours due to this partnership. It has led to the token reaching heights, surpassing its previous record approximately two months ago, as seen in both daily and weekly charts, and it’s currently on the top of the daily gainers’ list.
AVAX has been performing exceptionally well in the market, with a 28.88% increase in value over the past week, according to Coinmarketcap. Additionally, its trading volume has seen significant growth of 378.89% in the past 24 hours. As a result, the token’s market capitalization has also risen by 23.41%.
Avalanche New Infrastructure Features’ Launch On AWS
Under this partnership, Avalanche node operators can now run on AWS GovCloud, meeting the compliance requirements of FedRAMP regulations.
Furthermore, Ava Labs plans to introduce Subnet deployment as a managed service on the AWS Marketplace, enabling easy access to custom Subnets for individual and institutional users.
It aims to include a feature that spreads out validators responsible for securing the Subnet to different regions and availability zones. This strategy is aimed at increasing the strength and stability of the network.
Additionally, Ava Labs has taken another step forward in its development by joining the AWS Partner Network (APN). As a member of APN, the company can now assist its clients in deploying tailored solutions on AWS, which are linked to over 100,000 partners in over 150 countries.
Emin Gün Sirer, Founder and CEO of Ava Labs, stated that the ability for developers to quickly launch nodes and test networks on AWS in various legal jurisdictions had been a major advantage.
However, this partnership with AWS simplifies launching and managing nodes on Avalanche, enhancing the network’s strength and versatility for developers. Furthermore, being a member of AWS Activate, Ava Labs extends AWS credits to developers in the Avalanche ecosystem.
VP and Global Head of Startups, AWS, Howard Wright, said:
At AWS, we are all about bringing the most cutting-edge technologies to builders, no matter if they sit in a multi-million-dollar enterprise, a government office, or a dorm. The new capabilities brought by Avalanche enable us to do just that.
In addition to technical collaborations, they are also working together on events for entrepreneurs and developers, including the Avalanche Summit, Avalanche Creates, and hackathons. These events are designed to assist people of all skill levels in achieving their goals of building on Avalanche.
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