ZetaChain and Google Cloud announced a new partnership aimed at advancing Web3 development and adoption. The agreement focuses on creating applications operating across multiple blockchains to enhance interoperability.
Details of ZetaChain and Google Cloud Partnership
ZetaChain aims to build an interoperable universal blockchain supporting any crypto asset. Google Cloud will act as ZetaChain's validator, ensuring security and scaling for the universal blockchain ecosystem. Google's involvement includes support across mainnet and testnet environments. Richard Widmann, Google Cloud's Web3 Strategy Head, emphasized the importance of infrastructure and validator capabilities for ZetaChain's growth. ZetaChain will also provide Google Cloud with 1,000,000 ZETA tokens for validator delegation.
ZETA Price and Its Outlook
The announcement of the Google Cloud partnership has yet to boost ZETA's price. The cryptocurrency decreased 5.62%, trading at $0.7606. The broader crypto market recently rebounded, but ZETA lags. However, ZETA's trading volume increased by 25.1%, reaching $232.97 million, indicating investor optimism.
Future of ZetaChain Ecosystem
Following Coinbase's mainnet integration a month ago, the Google Cloud partnership enhances ZetaChain's position. Coinbase included ZetaChain in its roadmap, sparking a 20% price increase. This integration will improve blockchain interoperability and expand investor services on the exchange platform.
The ZetaChain and Google Cloud partnership opens new avenues for Web3 interoperability development. Despite a slight price dip, investor interest remains strong, signaling growth potential.
