Amazon Web Services Collaborates with Cronos to Enhance Web3 Development

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Amazon Web Services Collaborates with Cronos to Enhance Web3 Development0

  • The CRO price has risen by approximately 15% over the past day, currently standing at $0.0731.
  • Additionally, trading volume has surged by nearly 900% in the last 24 hours alone.

On Wednesday, Amazon Web Services, the cloud computing division of the major e-commerce company, revealed a partnership with Cronos, further solidifying its presence in the cryptocurrency sector. Amazon’s ongoing expansion in crypto, blockchain, , and NFTs indicates the company’s expectations for future advancements in these fields.

The Cronos Accelerator Programme, designed to assist Web3 enterprises in thriving, recently announced its collaboration with Amazon Web Services (AWS) via a tweet on April 26.

To support Web3 entrepreneurs in developing scalable , GameFi, SocialFi, and Infrastructure applications, AWS will work alongside Cronos Labs to offer an accelerator programme. The AWS Activate programme will be utilized by the Cronos chain ecosystem to aid startups and early-stage companies.

CRO Price Rallies

This partnership will facilitate easier access for startups to AWS’s infrastructure and Cronos Labs’ expertise in blockchain development. Kris Marszalek, CEO of Crypto.com, shared insights on Twitter regarding the collaboration between Cronos and AWS.

Within the first hour following the announcement, the price of Cronos (CRO) had already risen by eight percent. The CRO price has increased by about 15% in the last day, and is now at $0.0731.

Moreover, in the previous 24 hours alone, trading volume has surged by nearly 900%, reflecting significant enthusiasm among investors. The low for the last 24 hours is $0.06548, while the high is $0.07584.

As the launch of the Amazon NFT marketplace has once again been delayed due to technical and commercial issues, the cryptocurrency community is eagerly anticipating its debut. According to internal sources at Amazon, the Digital Marketplace is expected to go live on May 15.

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