How to support API analytics and Monetization with the Moesif Plugin for Envoy WASM

Moesif has introduced a new WebAssembly (WASM) plugin specifically for Envoy, an open-source edge and service proxy used in cloud-native applications, which enhances API observability and monetization. This plugin, developed using Rust, runs securely in its own sandboxed environment and maintains near-native execution speed without adding latency to monitored traffic. Moesif's plugin provides detailed analytics on API usage, helping teams to identify customer behavior patterns, optimize resource allocation, and implement usage-based billing. The plugin supports deep integration with API-enabled businesses by tracking key metrics, identifying issues in onboarding flows, and allowing for easy monetization through connection with billing providers. The installation is straightforward, requiring just a few configuration steps in Envoy, and is available for a 14-day free trial, allowing businesses to explore its capabilities in enhancing API observability and facilitating API business growth.