• Ankr’s native token, ANKR, surged by 69% in one hour following the announcement of its use of Microsoft Azure.
• The price of ANKR has dropped since then, but is still up 54.59% over the past 24 hours and 111.61% over the past 30 days.
• A new application launched on the Microsoft Azure Marketplace offers a node hosting solution that uses Azure’s routing solutions to increase scalability and optimization.
Ankr’s Token Surges 70%
Ankr’s native token, ANKR, surged from $0.03305 to $0.05583 in one hour following the protocol’s announcement regarding its use of Microsoft Azure – a 69% increase according to CryptoSlate data. Despite this spike, however, the current price of ANKR is still 76.74% lower than its all-time high at $0.22892 recorded on March 28th 2021.
New Application Launched
A new application launched on the Microsoft Azure Marketplace offers a node hosting solution that uses Azure’s routing solutions to increase scalability and optimization for web 3 infrastructure providers like Ankr Protocols.
24 Hour Price Increase
At present time ANKR is being traded for $0.05219 – an increase of 54.59% over the last 24 hours – with a 90.56% increase in the past seven days and 111 .61 % increase over the past 30 days .
All-Time High Price
Despite this surge in value , however , ANKR ‚ s current price is still 76 . 74 % lower than its all-time high at $ 0 . 22892 , which was recorded on March 28th 2021 .
Conclusion
Overall , Ankr Protocols‘ recent news has had a positive effect on their native token ‚ s price – though it remains significantly lower than its all-time high value at present time .