Ankr Network: Microsoft deal lifts ANKR higher
The price of Ankr Network (ANKR) benefits from a Microsoft partnership and sits at the top of the crypto outperformers list.
The price of Ankr Network (ANKR) is benefiting from a partnership with Microsoft and tops the list of crypto outperformers.
News about a collaboration between the Web3 protocol and software giant Microsoft sent the ANKR price up more than 50% in value over the last 24 hours of trading to $0.05.
Ankr Network will help Microsoft roll out a future node-hosting service on Microsoft’s Azure cloud. The partnership would give users access to blockchain technology.
The price rose on the initial reaction and capped around 6 cents, but hit its highest level since August 2022. The 4-cent support level now needs to hold.
If the ANKR price clears the $0.06 barrier, a move toward the $0.09 range is possible. In the mid-term, the price of Ankr Network could rise toward the $0.12 zone.
