Amazon Web Services Partners With Cronos To Boost Web3 Growth

• The CRO price has increased by about 15% in the last day, and is now at $0.0731.
• Also, in the previous 24 hours alone, trading volume has increased by almost 900%.

On Wednesday, Amazon Web Services, the cloud computing arm of the e-commerce behemoth, announced cooperation with Cronos, further establishing itself in the cryptocurrency industry. Amazon’s continued crypto, blockchain, Web3, and NFT footprint growth reflects the company’s anticipation of future technological breakthroughs in these areas.

The Cronos Accelerator Programme, which helps Web3 businesses succeed, just announced a relationship with Amazon Web Services (AWS) through a tweet on April 26.

In order to help Web3 entrepreneurs build scalable DeFi, GameFi, SocialFi, and Infrastructure apps, AWS will collaborate with Cronos Labs to provide an accelerator programme. The AWS Activate programme will be used by the Cronos chain ecosystem to support startups and early-stage businesses.

CRO Price Rallies

Startups will have easier access to AWS’s infrastructure and Cronos Labs’ knowledge of blockchain development thanks to the agreement. Crypto.com’s CEO, Kris Marszalek, took to Twitter to discuss the partnership between Cronos and AWS.

In the first hour after the news broke, the price of Cronos (CRO) had already increased by eight percent. The CRO price has increased by about 15% in the last day, and is now at $0.0731.

Also, in the previous 24 hours alone, trading volume has increased by almost 900%, demonstrating extreme enthusiasm among investors. The low for the last 24 hours is $0.06548, and the high is $0.07584.

As the debut of the Amazon NFT marketplace has been once again postponed owing to technical and commercial challenges, the cryptocurrency world is eagerly expecting its arrival. According to Amazon’s internal sources, the Digital Marketplace will go live on May 15.

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