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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

Canada Market Stats

Market cap

CA$378.1M

Volume (24h)

CA$64.5M

Circulating supply

114.5M WAVES

All time high

CA$85.31

Canada Market performance

Price change (1h)

-0.13%

Price change (1d)

+3.37%

Price change (1w)

+2.97%

Price change (2w)

-3.88%

Price change (1m)

-19.49%

Price change (1y)

+29.84%

Canada News about Waves

The Block • May 04, 24

Grayscale’s GBTC spot bitcoin ETF sees $63 million of inflows, ending 78-day outflow streak

The U.S. spot bitcoin ETFs registered their first daily net inflows since April 23 and the largest since March 13, totaling $378.3 million.

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News Article Image

Decrypt • May 03, 24

Grayscale Bitcoin ETF Snaps Losing Streak, Pulls In $63 Million

After 80 days of outflows, the battered long-standing Bitcoin fund grew by $63 million.

Read more

News Article Image

Bitcoin Magazine • May 03, 24

6 Reasons To Own Bitcoin In Retirement

Reasons to consider owning bitcoin in a retirement portfolio -- from outpacing healthcare inflation to managing long-term bond risk.

Read more

News Article Image

BeInCrypto • May 03, 24

Yuga Labs, Somnia to Optimize Metaverse Interoperability

Yuga Labs partners with Somnia to boost metaverse interoperability, offering Yuga NFT holders new ways to utilize their digital assets across diverse platforms and experiences.The post Yuga Labs, Somnia to Optimize Metaverse Interoperability appeared first on BeInCrypto.

Read more

News Article Image

Unchained • May 03, 24

Why Cosmos DeFi Hub Osmosis Is Launching a Bitcoin L2

Osmosis, a Cosmos-based blockchain known for its decentralized exchange, is entering the Bitcoin layer 2 race. It’s the latest indicator of burgeoning Bitcoin developer activity.  Osmosis next month is set to roll out “alloyed bitcoin,” the latest in a number of in-house products designed to simp...

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News Article Image

CoinDesk • May 03, 24

Full Transcript: Why MoonPay and PayPal Partnered to Expand Crypto Adoption in the U.S.

MoonPay co-founder and CEO Ivan Soto-Wright joins CDTV's "First Mover" to discuss MoonPay's recent partnership with PayPal.

Read more

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Waves is on the rise this week.

The price of Waves has decreased by 0.13% in the last hour and increased by 3.37% in the past 24 hours. Waves’s price has also risen by 2.97% in the past week. The current price is CA$3.30 per WAVES with a 24-hour trading volume of CA$64.54M. Currently, Waves is valued at 96.13% below its all time high of CA$85.31. This all-time high was the highest price paid for Waves since its launch.

The current circulating supply of Waves is 114,503,068 WAVES which means that Waves has as total market cap of 114,503,068.

FAQ

What is the current price of Waves?

We update our Waves to CAD 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 CA$378.09M. 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 CA$85.31. 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 CA$64.54M.

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.