- Ankr price has rebounded recently after the Mastercard partnership.
- Ankr also launched its second gaming SDK that supports Unity.
The Ankr price has done well in the past few days. It is trading at $0.0788, which is about 20% above the lowest level this week. Its market cap has risen to over $646 million, making it the 134th biggest cryptocurrency in the world.
Why is ANKR rising?
Ankr Protocol is a blockchain platform that is seeking to become a leading network for the web 3.0. Its main product is a multi-chain toolkit that helps people access blockchain infrastructure, earn yields, and integrate DeFi solutions.
Developers use ANKR Protocol to access premium API and RPC endpoints when building using blockchain platforms like Avalanche, Near, Polygon, and Fantom among others. People can also access liquid staking of these proof-of-stake coins.
There are two main reasons why the ANKR price is rising. First, Ankr announced a partnership with Mastercard, one of the biggest fintech companies in the world. The platform entered the company’s Start Path cryptocurrency and blockchain startup accelerator program. As part of the partnership, Mastercard will provide Ankr with its fintech resources and APIs. The outcome will be new products in Ankr’s ecosystem.
The Ankr price is also rising after the developers launched their second gaming SDK. The new platform is built for Unity’s ecosystem. Using the SDK, developers can easily support Wb3 wallets for in-game transactions, integrate NFT capabilities, detect and connect multiple blockchains, and launch and distribute in-game currency as tokens. In addition to Unity, it will also support Unreal Engines.
Further, there are signs that many developers are selecting Ankr to build their applications. It has dedicated endpoints for Polygon, Arbitrum, and Ethereum. It is also globally distributed, which reduces latency and makes its apps faster.
Ankr price prediction
The four-hour chart shows that the ANKR token declined to a low of $0.0667 this month. Recently, it has risen sharply after the partnership with Mastercard and the launch of the second gaming SDK. It has managed to move above the 25-day and 50-day moving averages while the MACD has formed a bullish crossover pattern.
Therefore, there is a likelihood that the coin will keep rising as bulls target the next key resistance at $0.09, which is about 15% above the current level. See how you can buy Ankr and Bitcoin with a prepaid card.
