{"id":72429,"date":"2023-01-12T14:14:07","date_gmt":"2023-01-12T12:14:07","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=72429"},"modified":"2025-09-08T15:05:56","modified_gmt":"2025-09-08T12:05:56","slug":"avalanches-avax-surges-22-after-aws-partnership-announcement","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/avalanches-avax-surges-22-after-aws-partnership-announcement\/","title":{"rendered":"Avalanche\u2019s AVAX Surges 22% After AWS Partnership Announcement"},"content":{"rendered":"<p>The company behind Avalanche, Ava Labs, has signed a partnership with Amazon Web Services (AWS) to scale the deployment of blockchain for enterprises, institutions and governments.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">It\u2019s official! <a href=\"https:\/\/twitter.com\/amazon?ref_src=twsrc%5Etfw\">@Amazon<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/ChoseAvalanche?src=hash&#038;ref_src=twsrc%5Etfw\">#ChoseAvalanche<\/a> to bring scalable blockchain solutions to enterprises and governments \ud83d\udd3a<a href=\"https:\/\/twitter.com\/hashtag\/AWS?src=hash&#038;ref_src=twsrc%5Etfw\">#AWS<\/a> fully supports Avalanche\u2019s infrastructure and dApp ecosystem, including one-click node deployment, offering the best tooling for these high compliance use cases. <a href=\"https:\/\/t.co\/syInSrU9XD\">pic.twitter.com\/syInSrU9XD<\/a><\/p>\n<p>\u2014 Avalanche \ud83d\udd3a (@avalancheavax) <a href=\"https:\/\/twitter.com\/avalancheavax\/status\/1613235554711400448?ref_src=twsrc%5Etfw\">January 11, 2023<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The network&#8217;s native token AVAX surged. Over the last 24 hours the price jumped 22.6%. At the time of writing the asset was trading around $15.3. For comparison, <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-breaches-18000-as-u-s-inflation-data-are-released\">breaching the $18,000 level<\/a> Bitcoin gained only 4% over the period.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/juESJ07Cnws-4pTlGGPSYU53Bnb-Jp08dx8tkPHpPjdlguMFn-fCs1CvPPT62UPeUZRtwKIQgo5sWNCuk3tBoRGq6xK6zLS6NNlbChwKakz-QneUJ_7VkhVtG83KasIkg5uy6_Lbqke-G5A2T0BUVEuPhHEM5jixFfk-eJ9ClTjgDCoWkzD4CxpKsGHNfA\" alt=\"Avalanche cryptocurrency rose 22% after the partnership announcement with AWS\"\/><figcaption>Data: <a href=\"https:\/\/www.coingecko.com\/\">CoinGecko<\/a>.<\/figcaption><\/figure>\n<p>According to TechCrunch, AWS will support Avalanche\u2019s infrastructure, the ecosystem of <span data-descr=\"decentralized apps\" class=\"old_tooltip\">dapps<\/span>, and node deployment. As part of the collaboration Ava Labs will join the AWS Activate startup support program to simplify access to its platform.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cLooking ahead, Web3 and blockchain are inevitable. No one can name the time, date or quarter when this will happen, but it will become mainstream, as we have seen in prior growth cycles. The process appears to be accelerating, and we are pleased to be part of it\u201d, said Howard Wright, AWS vice president.<\/p>\n<\/blockquote>\n<p>According to him, Ava Labs will also join the cloud service\u2019s partner program. AWS, in turn, will take part in events under the Avalanche Summit, Avalanche Creates and hackathons.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe\u2019re still early in building on\u2011chain applications for enterprises and governments. But the pace of such initiatives will accelerate once Avalanche and AWS offer a more complete and robust solution for their needs\u201d, commented Emin G\u00fcn Sirer, founder and CEO of Ava Labs.<\/p>\n<\/blockquote>\n<p>In April 2022, the company opened a financing round of $350 million <a href=\"https:\/\/forklog.com\/en\/news\/bloomberg-ava-labs-the-developer-of-avalanche-raises-350-million-at-a-5-25-billion-valuation\">valued at $5.25 billion<\/a>, according to Bloomberg.<\/p>\n<p>Read ForkLog bitcoin news on our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company behind Avalanche, Ava Labs, has signed a partnership with Amazon Web Services (AWS) to scale the deployment of blockchain for enterprises, institutions and governments.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1413,1661,1390],"class_list":["post-72429","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-avalanche-avax","tag-aws","tag-partnership"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/72429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=72429"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/72429\/revisions"}],"predecessor-version":[{"id":72430,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/72429\/revisions\/72430"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=72429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=72429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=72429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}