🚀 THETA Partners with Amazon AWS, Price Takes a Dip
**THETA**, a Binance-listed altcoin, just announced a partnership with Amazon's AWS unit. Surprisingly, despite the big news, THETA's price took a hit.
• Partnership Details
no**Announcement**: THETA Network's Theta Edge Cloud team will collaborate with AWS on deploying Edge Nodes.
**Significance**: Theta's edge nodes will now be part of AWS Blockchain Node Runners, alongside Ethereum (ETH) and Solana (SOL), aiming to solidify Theta as a Web 3.0 hub.
• What It Means
**Scalability**: The collaboration integrates Theta's 30,000+ globally distributed edge nodes with AWS’s robust, scalable cloud platform, boasting over 80 Petaflops of GPU power.
**Ease of Use**: Theta community members and enterprise customers can now deploy Theta edge nodes on AWS effortlessly using AWS’s Blockchain Node Runners repository.
• Market Reaction
Despite the promising partnership, THETA's price reacted negatively to the news. 📉
In summary, while the THETA and AWS collaboration marks a significant milestone for Theta's Web 3.0 ambitions, the market's initial reaction has been surprisingly bearish.
