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About Waves

Waves is a cryptocurrency that describes itself as a “decentralized blockchain platform focusing on custom blockchain tokens operations.”

Waves is a blockchain platform that supports a variety of use cases, including decentralized applications (DApps) and smart contracts. Launched in June 2016, Waves conducted an initial coin offering (ICO). The platform's primary goal is to aim to enhance the functionality, speed, and user-friendliness of blockchain technology. The native token of the platform is WAVES, an uncapped supply token primarily used for standard payments such as block rewards.

Waves operates using a modified proof-of-stake algorithm known as WavesNG, which is based on Bitcoin-NG, a scaling proposal by Bitcoin advocate and Cornell University developer Emin Gün Sirer. The platform supports the development of smart contracts and DApps, striving to provide speed and ease-of-use. Waves also introduced Gravity, a cross-chain and oracle network, and Neutrino, a platform focused on decentralized finance (DeFi). In 2020, Waves announced its interoperability with the Ethereum network by releasing the WAVES token as an ERC-20 standard asset.

Waves aims to cater to potential business clients seeking to leverage blockchain technology to improve their processes or create new services. The platform supports the development of smart contracts and DApps, providing a foundation for businesses to build their own blockchain-based applications. Additionally, Waves has introduced other products such as Gravity, a cross-chain and oracle network, and Neutrino, a platform focused on decentralized finance (DeFi). These features expand the potential use cases of Waves, making it a tool in the blockchain space.

Waves was launched in June 2016 by Ukrainian-born scientist Alexander Ivanov, also known as Sasha Ivanov. Before founding Waves, Ivanov was already involved in the cryptocurrency space, having launched the now-defunct instant exchange Coinomat and indexing site Cooleindex. He also created an early version of a stablecoin, CoinoUSD, tied to the U.S. dollar. Waves conducted an initial coin offering (ICO), and since its launch, the platform has undergone various changes and added new features to build on its original design.

Market

Australia Market Stats

Market cap

A$421.1M

Volume (24h)

A$62.7M

Circulating supply

114.5M WAVES

All time high

A$94.36

Australia Market performance

Price change (1h)

-0.45%

Price change (1d)

+0.76%

Price change (1w)

+0.93%

Price change (2w)

-6.4%

Price change (1m)

-22.15%

Price change (1y)

+29.84%

Australia News about Waves

The Block • May 04, 24

The Funding: Ethereum restaking, DePINs, Bitcoin ecosystem and RWA tokenization lead crypto VC trends

Crypto VC funding has surpassed $4B so far this year, driven by Ethereum restaking, DePINs, Bitcoin ecosystem and RWA tokenization verticals.

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The Block • May 04, 24

Sui creator says crypto’s “ChatGPT moment” coming as protocol celebrates mainnet’s first year

Mysten Labs CEO Evan Cheng waxes optimistically about the future of his blockchain and traditional tech's interest in web3.

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Blockworks • May 04, 24

Funding Roundup: a16z made a $90M bid on Optimism

Ex Revolut executive received $6.5 million from investors to create hybrid exchange x10

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BeInCrypto • May 04, 24

Polygon (MATIC) Price Stuck in Consolidation, But Bull Rally Could Be Near

MATIC price has a shot at breaking out of the persisting consolidation and post a rally provided the investors continue to refrain from selling.The post Polygon (MATIC) Price Stuck in Consolidation, But Bull Rally Could Be Near appeared first on BeInCrypto.

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Unchained • May 04, 24

Hedge Fund MEV Capital Trying to Bring DeFi to the Masses

DeFi-focused hedge fund firm MEV Capital is extending from its institutional roots to make a first-time play for retail investors.  Gytis Trilikauskis, MEV’s chief operating officer and general partner, said the asset manager has incubated Amphor, a new decentralized finance (DeFi) protocol that ...

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BeInCrypto • May 04, 24

Charles Hoskinson Responds to Michael Saylor’s Cardano (ADA) Diss

At the Bitcoin For Corporations 2024 conference, Michael Saylor argued that only Bitcoin would remain an institutional asset, prompting a strong defense of Cardano by its founder, Charles Hoskinson.The post Charles Hoskinson Responds to Michael Saylor’s Cardano (ADA) Diss appeared first on BeInCr...

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Waves is on the rise this week.

The price of Waves has decreased by 0.45% in the last hour and increased by 0.76% in the past 24 hours. Waves’s price has also risen by 0.93% in the past week. The current price is A$3.68 per WAVES with a 24-hour trading volume of A$62.72M. Currently, Waves is valued at 96.10% below its all time high of A$94.36. This all-time high was the highest price paid for Waves since its launch.

The current circulating supply of Waves is 114,505,222 WAVES which means that Waves has as total market cap of 114,505,222.

FAQ

What is the current price of Waves?

We update our Waves to AUD currency in real-time. Get the live price of Waves on Coinbase.

What is the market cap of Waves?

The current market cap of Waves is A$421.14M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Waves?

The all-time high of Waves is A$94.36. This all-time high is highest price paid for Waves since it was launched.

What is the 24 hour trading volume of Waves?

Over the last 24 hours, the trading volume of Waves is A$62.72M.

What other assets are similar to Waves?

Assets that have a similar market cap to Waves include Centrifuge, Threshold, BICONOMY (BICO), and many others. To see a full list, see our comparable market cap assets.

How many Waves are there?

The current circulating supply of Waves is 115 million.

Can I buy Waves on Coinbase?

No, Waves is not currently available on Coinbase, but you can sign up to get the latest news on Waves and be notified when it gets added to our exchange.