Ankr (ANKR), a decentralized blockchain infrastructure provider, is still on the rise after announcing its partnership with the American technology giant Microsoft.
In addition to the 60 percent rise it experienced after the partnership announcement, Ankr experienced another 43.51 percent increase in the last 24 hours and rose to the level of $ 0.0471. This partnership with Microsoft has resulted in positive pricing in the price of the asset, which had previously exhibited sideways movements.
Ankr Has Grown By 68 Percent In The Last 7 Days
The Microsoft partnership was an important vote of confidence for Ankr, which has made remarkable progress as an emerging infrastructure service provider in the Web3 ecosystem. Based on the positive sentiment that the partnership with Microsoft will bring, the asset is expected to be on a periodic price hike.
In addition, partnering with Microsoft will open the protocol to more high-profile partnerships in the near future. These developments will help support the medium and long-term growth of the Ankr ecosystem, which solidifies its outlook.
The protocol suffered a major hack last year, during which about $5 million was moved from the BNB Liquidity Pool. Since the attack, the protocol has come a long way in reshaping its appearance. Protocol increased its valuation to $467.8 million in partnership with Microsoft, posting 68% weekly growth.
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