AWS recently announced a 20% price reduction for ElastiCache users migrating from Redis to Valkey, aiming to distance themselves from the Redis project and promote their own fork. However, this move does not address the scaling and performance issues that many customers face with ElastiCache. The price cut is an incentive for customers to switch to Valkey, but it doesn't offer any additional value beyond what Redis offers. For users looking for true performance gains, scalability, and cost efficiency, exploring alternatives like Dragonfly may be more beneficial.