Ankr (ANKR) Rallies 60% Following Partnership With Microsoft
24 February 2023 - 4:30AM
NEWSBTC
DeFi token Ankr (ANKR) is one of the best-performing
cryptocurrencies in the market presently, gaining 60% in two days.
This impressive price rally occurred following an announcement of
Ankr’s innovative partnership with American technology giant
Microsoft. Through a blog post published on Tuesday, February 21,
Ankr unveiled its collaboration with Microsoft to launch an
enterprise node service designed to offer reliable and secure node
hosting services to businesses, enterprises, and organizations that
utilize blockchain data in their daily operations. This digital
product is based on an integration of Microsoft cloud solutions and
Ankr blockchain infrastructure. According to Ankr’s blog post, this
enterprise node service will be made publicly available via
Microsoft’s Azure marketplace, thus providing millions of customers
with a “readily accessible gateway to blockchain infrastructure.”
Related Reading: Bitcoin On-Chain Data Shows Why $24,700 Is A Major
Resistance For BTC Following the exciting announcement by Ankr on
Tuesday, the price of ANKR, its native asset, spiked by almost 60%
and has remained around its new price region since then.
According to data by CoinMarketCap, ANKR is currently exchanging
hands at $0.51, having gone up by 7.79% in the last 24 hours. In
addition, its daily trading volume is around $557.6 million, with
its market cap value set at $498.5 million. ANKR Trading at
$0.051 | Source: ANKRUSD Chart on Tradingview.com Ankr’s
Partnership With Microsoft Triggered Massive Network Activity –
Santiment Ankr’s collaboration with Microsoft is currently one of
the trendiest topics in the entire crypto verse. Giving more
insights into the ripple effects of this partnership and the
driving force behind ANKR’s price gain, popular on-chain analytics
platform, Santiment stated that the Ankr protocol had recorded a
massive spike in network growth following the announcement on
Tuesday. According to Santiment’s report on Wednesday, Ankr
recorded its second-highest number of new ANKR wallet addresses on
Wednesday since 2021. Furthermore, there has also been a surge in
whale transactions on the network, all of which are effects of the
increased interest in Ankr. Source: Santiment While it remains
unknown how long this interest will linger, ANKR is currently one
project that is catching investors’ eyes, especially as they
followed up the Microsoft partnership with another
announcement. Related Reading: Stablecoins Market Cap
Continues To Slump – Here’s Why Ankr Records Another Strategic
Partnership On Wednesday, Feb.22, Ankr unveiled another sensational
partnership within the cloud provider industry – with Chinese-based
company Tencent Cloud. This collaboration is focused on
building a full suite of blockchain API services supported by a
network of decentralized and widely distributed, highly effective
Remote Procedure Call (RPC) nodes. Integrating Tencent
Cloud’s global infrastructure with Ankr’s blockchain infrastructure
structure, these services will offer thousands of web3 applications
and traditional organizations access to blockchain data connection
while seamlessly processing a huge amount of node traffic.
Sharing his excitement on this development, Chandler Song,
Co-Founder and CEO of Ankr, said, “Partnering with Tencent Cloud is
a big step forward in upgrading web3 infrastructure to handle
adoption from some of the world’s largest organizations entering
the space. Together we shall provide a gateway to blockchain data
that is easier to access and more performant.” Featured Image: The
New Stack, Chart from TradingView
Ripple (COIN:XRPUSD)
Historical Stock Chart
From Jun 2024 to Jul 2024
Ripple (COIN:XRPUSD)
Historical Stock Chart
From Jul 2023 to Jul 2024