The Waves blockchain was initially designed to facilitate the transfer of fiat currency and cryptocurrency and to optimize asset tokenization. Using the Waves Platform, users could deposit numerous cryptocurrencies and fiat currencies through external “gateway” service providers.
These assets could then be sent through the Waves platform as tokens and then withdrawn back into their original fiat or crypto form through a gateway. All of this could be accessed by downloading the Waves extension on your browser.
Are you expecting a similar pattern continuation?
Today’s Waves price is $21.75 USD with a 24-hour trading volume of $760,189,633 USD. Waves is down 10.83% in the last 24 hours. The current CoinMarketCap ranking is #48, with a live market cap of $2,348,279,884 USD. It has a circulating supply of 107,976,028 WAVES coins and the maximum supply is not available.
Recent Waves developments
A month ago, WAVES is back in one of the top positions in the crypto market after overcoming losses in the previous weeks. The native cryptocurrency registered an increase in its value that exceeds 11.72 percent in the last 24 hours. Bruited as the embodiment of tech freedom for blockchain-based finance, Waves technology might as well be the tool for massive adoption. Let’s see why that’s possible.
What is the Waves crypto?
The Waves crypto blockchain is a source for users to create and then launch their custom crypto tokens. What makes Waves stand apart from other such platforms is that it doesn’t require lengthy smart contract programming. Users can easily and freely trade the tokens they create over the blockchain. Each user has scripts that manage and create each user’s tokens and keep them safe from cyber hacks.
The main aim of the Waves team was to create a platform that develops new tokens, as well as the mechanism to regulate them, in a way that is as simple as launching any other web application. Crypto jargon and understanding its mechanics can be quite a complicated feat for some but the Waves team has made it a point to simplify the process as much as possible.
The assets that are created and designed over the Waves blockchain are then subject to the built-in Waves Exchange. The Waves Exchange helps set the path for the tokens created over the Waves blockchain itself as well as other tokens of WAVES.
Waves Crypto Overview
Waves Crypto Overview
|Coin||Symbol||Price||Marketcap||Change||Last 24h||Supply||Volume (24h)|
||WAVES||$ 4.43||$ 443.56 M||2.74%||100.00 M||$ 155.61 M|
How was Waves developed?
The Waves blockchain was developed back in 2016 by a Russian entrepreneur by the name of Sasha Ivanov. The founder wanted to develop a platform that simplified the crypto token process for users and gave them the autonomy to create their tokens with ease.
At the same time as developing Waves, Sasha developed the Waves Platform AG which is a non-profit company to drive and fund the blockchain. Operating from Moscow Russia, the Waves Platform has been the backbone of its domain blockchain network.
Back in 2016, right after the creation of the Waves cryptocurrency, the initial coin offering for WAVES was initiated. The process raised around $22 million in a short span of time. After the success of the coin offering, by the last quarter of 2016, WAVES cryptocurrency became fully functional.
How Waves blockchain operates
The background mechanics of the Waves blockchain aren’t too dramatic or complex. The software essentially uses two different types of nodes to run the system. The two nodes are full nodes and lightweight nodes.
The full nodes of the software are responsible for putting together and saving the history of the transactions. The lightweight nodes on the other hand are dependent on the full nodes for each transaction confirmation. The lightweight nodes also keep track of the one-on-one interactions between users across the network.
Alongside the system of nodes, Waves operates on the basis of a combination of POS and LPoS. Proof of Stake (POS) and Leased Proof of Stake (LPoS) work in sync to keep the network stable and to make it run smoothly.
Where to buy WAVES
Waves can be bought in certain crypto exchanges but not in Coinbase. Cryptocurrencies not available for trading on Coinbase exist for educational purposes only and are selected based on market cap. The inclusion of educational cryptocurrency pages does not indicate that Coinbase will support any specific cryptocurrencies for trading in the future.
The WavesDEX has proven itself to be a reliable exchange for trading cryptocurrencies. Traders’ funds are considered to be safer than on regular cryptocurrency exchanges because the funds are held in personal cryptocurrency wallets, rather than on a centralized exchange database.
How Staking Waves Work
Waves’ Exchange disclosed the inauguration of a decentralized Forex market (DeFo) on 29 September 2021. The new market will operate using stablecoins hooked to the rate of assorted fiat currencies. The market currently has seven different stablecoins.
As per the announcement, the initial seven stablecoins added to the platform include USDN, EURN, JPYN, CNYN, RUBN, UAHN, and NGNN. Furthermore, the firm revealed that the pairs added to the decentralized FOREX platform were created using the Neutrino protocol decided upon by ecosystem members.
If you wish to unstake USDN (Neutrino USD), sign in to your account on Waves. Exchange, hover over the Investments item, and click on USDN in the Neutrino staking section. Click on Unstake USDN. In the popup that appears, enter the amount you wish to withdraw and again click on Unstake USDN to confirm.
Waves Technical Analysis
In the past year, the Waves platform has seen significant growth. The native token of the platform, WAVES, has also seen a corresponding increase in value. In this article, we’ll take a look at the technical analysis of WAVES and make a price prediction for 2022-2030.
The 14-day Relative Strength Index (RSI) for WAVES crypto price prediction is currently at 70.8, which indicates that the token is in overbought territory. However, the RSI has been in overbought territory for a prolonged period and has only recently started to correct lower. This indicates that there is still some upside potential for WAVES.
The MACD indicator is also bullish for WAVES, with the 12-day EMA trading above the 26-day EMA. Moreover, the MACD line has crossed above the signal line, a bullish signal.
The waves platform recently launched its intelligent contracts feature, which is expected to drive the adoption of the forum. With the increasing adoption of the platform, we believe that the price of WAVES will continue to rise in the long term.
Waves crypto Price Prediction 2022 – 2030
Walletinvestor has a modest price prediction for WAVES price forecast, expecting it to reach $1.33 by 2022. The long-term price predictions are even more bullish, with the website forecasting that WAVES will go as high as $4 by 2030.
LongForecast is slightly more optimistic than WalletInvestor and has a price prediction of $2.759 for 2022, followed by a gradual increase to $5.518 by 2030.
DigitalCoinPrice has a similar price prediction to LongForecast, expecting WAVES to reach $2.75 by 2022 and slowly increase to $5.50 by 2030.
Digitalcoinprice has a modest price prediction for the WAVES coin forecast, expecting it to reach $1.33 by 2022. The long-term price predictions are even more bullish, with the website forecasting that WAVES will go as high as $4 by 2030.
LongForecast is slightly more optimistic than Digitalcoinprice and has a price prediction of $2.759 for 2022, followed by a gradual increase to $5.518 by 2030.
Coinpedia also has a bullish long-term price prediction for WAVES, forecasting that it will reach as high as $16 by 2030. And while the price predictions for the next few years are more modest, they still expect WAVES forecast to come to $2.50 by 2022 and then gradually increase to $5 by 2025.
Tradingbeasts has a more bearish price prediction for WAVES, expecting it to fall to $0.752 by 2022. However, the website is bullish in the long-term and expects WAVES future price to reach $3.48 by 2030.
Waves Price Prediction 2022
Waves current price is at a trading point of $5.53. As we are approaching the end of 2021, it is expected that the price will reach up to 10 USD by the end of 2022. The market trend seems to be bullish, and as more investors see the potential in this project, the price is expected to go even higher.
Waves Price Prediction 2023
The waves price analysis is expected to go high and trade at an average of 13.43, reaching a maximum cost of $14.68 and a minimum fee of 12.98.
Waves Price Prediction 2024
The average price will be around $19.14, and the maximum price is expected to reach $22.16, while the minimum price will be $12.98.
Waves Price Prediction 2025
As we approach 2025, the price is expected to go higher with every passing year and continue to do so until 2030. The average price in 2025 will be $28.08, at a maximum fee of $32.65 and a minimum price of $27.12.
Waves Price Prediction 2026
The average price will be around $40.79, and the maximum price is expected to reach $47.11, while the minimum will be $39.39.
Waves Price Prediction 2027
By 2027, the average price is expected to be around $55.71, and the maximum price is expected to reach $67.72, while the minimum will be $54.28.
Waves Price Prediction 2028
The average price is expected to be around $81.23, and the maximum price is expected to reach $75.96, while the minimum will be $58.14.
Waves Price Prediction 2029
In 2029, the average price is expected to be around $115.76, and the maximum price is expected to reach $134.24, while the minimum will be $111.7.
Waves Price Prediction 2030
The average price for 2030 will be around $161.8, and the maximum price is expected to reach $194.23.
Waves Price Predictions by Industry Influencers
As we mentioned before, many experts and industry influencers from the crypto vault https://www.youtube.com/watch?v=vXFIyFXyGTY have made their own Waves price predictions. The price is expected to rise 10x more within a one-year period. invest in Waves if you believe in the concept and the stability of the project but make sure to do your own research.
Bullish or bearish? One analyst sees at the start of the month, a broadening wedge on wave 4 for WAVE target around 5$ which is also 50% retracement for wave 4 from wave 2.
There’s another view, too. WAVES/USDT is on support zone and if this support zone breaks, the target is 1.00.
Waves value previously rocketed outperforming Monero and Axie Infinity. The rate also outperformed Bitcoin in what researchers are calling ‘Altcoin season’. The market has been volatile in recent weeks and the pump in Waves has been attributed to its news, including the setting up of Waves labs in the US. A recent partnership with All bridge will enable blockchain interoperability with the Waves platform.
News is currently riding the Waves value, and while they are positive we anticipate their implementation will push prices higher. However, a price reversal could happen at any moment. According to our Waves price prediction, the coin will continue to rise in value over the next few years and is an excellent long-term investment.
Waves may be a good HODL and should guarantee investors good results in the long term but be careful of going overboard. Practice due diligence and study market sentiments and when the time is right to buy/sell. However, as with any investment, there is always a risk of market fluctuation, and you should never invest more than you are willing to lose.
FAQs about Waves
Will Waves continue to rise in value?
Yes, Waves is expected to rise in value over the next few years.
Is Waves an excellent long-term investment?
Yes, Waves is an excellent long-term investment. However, as with any investment, there is always a risk of market fluctuation, and you should never invest more than you are willing to lose.
What is the maximum price prediction for Waves?
The maximum price prediction for Waves is $194.23.
Can I trade Waves on Coinbase?
No. Waves is not listed on Coinbase.