Ava Labs has partnered with Amazon Web Services (AWS) to 'accelerate enterprise, institutional, and government adoption of blockchain.' Avalanche AVAX
. “It’s not your grandfather’s ‘AWS partnership announcement.’ Let me explain in plain English. In the past, other chains have paid AWS to host some nodes, and [have] pitched this as ‘AWS partners with Some Chain.’ In reality, ‘Some Chain’ was paying AWS — they were a client of AWS. There was no meaningful partnership.”This announcement is the exact opposite.
AVAX’s crypto market capitalization is at $4.51 billion at 4 p.m. Eastern Time on Jan. 11, 2023. Despite the swift rise on Wednesday afternoon following the AWS announcement, AVAX is still down 89% from the $144.96 all-time high on Nov. 21, 2021. Like
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