Ankr Network rising by 50% in the past 24h following its partnership with Microsoft

Ed Miles
Ed Miles

ANKR has had a remarkable 24 hours of trading, with its price rising 48.21%. This brings its current trading price to $0.0499, with a market cap of $410.65 million. This positive momentum could indicate a strong outlook for ANKR, potentially leading to further gains in the future. Investors should keep an eye on its performance and consider adding it to their portfolios.

Microsoft has announced that it has partnered with Ankr to bring its expertise in providing reliable and secure infrastructure solutions to the Web3 layer of the internet. Ankr’s unique insights and experience in blockchain technology have been a great asset to Microsoft in furthering its mission to empower people and organizations to achieve more. Through this partnership, Microsoft and Ankr are working together to provide high-performance blockchain connections to those who are developing new Web3 experiences that will welcome the next billion users. This collaboration is a testament to Microsoft’s commitment to innovation and Ankr’s dedication to making the Web3 layer of the internet more accessible and user-friendly.

Ankr and Microsoft have joined forces to provide enterprises and organizations with reliable, easy-to-use node hosting services. This service will soon be available through the Microsoft Azure Marketplace, offering millions of customers a gateway to blockchain infrastructure. The service allows users to customize the global location, memory and bandwidth according to their use cases. Additionally, the partnership will provide serverless functionality, GeoIP, failovers, caching rules, and monitoring to optimize data querying for high speed and reliability. Furthermore, enterprise RPC clients can access usage data and advanced telemetry across 38+ blockchains. The integration of technology from both companies will provide global, low-latency blockchain connections for any Web3 project or developer, enabling them to focus on innovating and scaling their projects and applications.


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