Avalanche Price Prediction (AVAX) following its partnership with Alibaba Cloud.

According to the group’s official press release, this partnership will enable Avalanche users in Asia to establish validation nodes, create products, store and distribute resources using the Alibaba Cloud suite.

To support its network, Avalanche developers can use Alibaba Cloud’s highly affordable plug-and-play Infrastructure-as-a-Service (IaaS).

Alibaba chooses #Avalanche ¡!

Avalanche is the FIRST blockchain partner to make validation easy and accessible with Alibaba Cloud.

Avalanche France (@avalanche_en) December 3, 2022

The platform infrastructure is also open to application developers, who can use it to enhance their creations and meet demand when it is high.

The decentralization of the network is aided by Alibaba Cloud’s infrastructure technology and intelligence tools, according to a tweet from Avalanche. According to the company, anyone could run a node on Avalanche and have better access to compute, storage and distribution resources.

Alibaba Cloud has also offered a special deal that allows Avalanche developers to get credit on any of its services to brand the relationship.

Alibaba Cloud, established in 2009, is the largest cloud service provider in the Asia-Pacific region. It ranks third globally, behind Google Cloud and Amazon Web Services (AWS).

The platform hosts more than 2,800 nodes as the enterprise division and cloud computing arm of Alibaba Group. It serves more than 2.3 million users worldwide with a wide variety of cloud services.

Avalanche’s best-known features are its near-instant transaction times, affordable gas rates, and reliable network. Aave, Sushi, Curve and Chainlink are among the 1,000 notable projects currently hosted by the network.

AVAX Price Prediction

AVAX closed the daily with a confirmed buy signal. The first price target was touched very softly.

Is it possible to achieve more price targets? pic.twitter.com/SigzNf20xK

— Julian (@JulianDeFi) December 5, 2022

AVAX, the network’s native cryptocurrency, has rallied since Friday following the announcement, up more than 6%. The pair will find resistance at $14. If broken, the next target will be $18 or the FTX price before the fall.

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