đ 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.
âą 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.
âą What It Means
**Scalability**: The collaboration integrates Theta's 30,000+ globally distributed edge nodes with AWSâs 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 AWSâs Blockchain Node Runners repository.
âą Market Reaction
Despite the promising partnership, THETA's price reacted negatively to the news. đ
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.