Waves Price
(WAVES)
Waves Live Price Data
The live price of Waves is $1.53, with a total trading volume of $ 639,064 in the last 24 hours. The price of Waves changed by +10.21% in the past day, and its USD value has decreased by -24.72% over the last week. With a circulating supply of 116,501,224 WAVES, the market cap of Waves is currently 178.91M USD, marking a --% increase today. Waves currently ranks #220 in market cap.
How do you feel about Waves today?
Note: This data is for reference only.Waves(WAVES) Profile
Website
Documentation
Explorer
Contract
- Ethereum 0x7296ea...f0d
- BNB Smart Chain (BEP20) 0xcbc86b...042
- Solana 4XEjo9GZ...meQ
Audited By
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Code & Community
Investors
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- ATH
- $62.33
- Price Change (1h)
- -1.47%
- Price Change (24h)
- +10.21%
- Price Change (7d)
- -24.72%
- Market Cap
- $178.91M
- 24h Volume
- $639,064
- Circulating Supply
- 116,501,224
- Max Supply
- --
About WAVES
How can I buy Waves (WAVES)?
Buying WAVES on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Waves (WAVES) for more information. What is Waves (WAVES) Crypto?
Waves is an open-source, public blockchain protocol that can support scalable and user-friendly decentralized applications (dApps). The community-based stack of decentralized open-source technologies can power the development and deployment of Web 3.0 applications.
The Waves network can offer high-speed, low-cost transactions across various dApps on its infrastructure, including support for NFTs, DAOs, and other blockchain-based applications. In addition, it supports the use of bridges for cross-chain transfer of data and assets, powering interoperability with different blockchain ecosystems.
The technology stack provided by Waves can be used to create decentralized applications that require high levels of security without compromising on user experience. Potential use cases for Waves’ technology stack include dApps in the decentralized finance (DeFi) space, decentralized identities (DIDs), gaming, privacy-related applications, and more.
WAVES is the native token of the Waves blockchain and is used to pay transaction fees within the network. The WAVES token is also used for distributing rewards to network validators who contribute to block production and securing the network by verifying transactions.
How Does Waves Work?
The Waves blockchain utilizes a proof of stake consensus mechanism to secure its network and validate transactions, resulting in a far lower carbon footprint than leading blockchains in the crypto market. In addition to being a more efficient blockchain protocol in terms of energy consumption and computing resources, it can offer higher levels of security against attacks or hostile takeovers by network participants.
Waves uses a Leased-Proof-of-Stake (LPoS) consensus algorithm, an enhanced version of the original PoS consensus mechanism. In such a model, nodes can use leased WAVES tokens to participate in block production and generate rewards. A percentage of rewards earned will be distributed to token holders who lease their WAVES holdings to the nodes.
The blockchain achieves higher scalability and efficiency than several of its peers, thanks to the Waves-NG protocol. This feature immensely increases the network’s throughput by using “liquid” blocks that keep growing until the next block is produced within the blockchain. This technology allows the Waves blockchain platform to enjoy a block production time of 2 seconds, offering a superior end-user experience.
The Waves ecosystem also offers a wide range of tools, products, and components that developers can use to create and deploy dApps on its blockchain quickly and more efficiently. As an open-source project, the technology stack has been designed not only by Waves developers themselves but also includes contributions from the developer community at large.
History of Waves Protocol
The Waves blockchain was launched in Q3 2016 by a scientist of Ukrainian origin, Alexander Ivanov (aka Sasha Ivanov). The Waves initial coin offering (ICO) was held between 11 April 2016 and 30 May 2016, with the token sale raising 30,000 BTC from early supporters.
The Waves platform announced a collaboration with Microsoft Azure and forged a partnership with Deloitte in 2017, making it one of the first blockchain platforms to partner with mainstream businesses. The Waves-NG consensus was rolled out in the same year, making the blockchain far more scalable and increasing its throughput to 100 TPS.
In 2018, the Waves developers rolled out smart assets and smart account trading on the mainnet. The next significant update in September 2019 upgrades RIDE - Waves’ smart contract programming language, making it easier to use for developers.
In September 2019, the blockchain launched a new on-chain governance model, moving WAVES away from its former deflationary mechanism and introducing the leasing of tokens. This also resulted in adopting an inflationary mechanism to increase on-chain activity.
The Waves DEX was rebranded to Waves Exchange in November 2019. The project was separated and handed over to a different team of developers.
Waves (WAVES) Price Movements ($)
Period | Change | Change (%) |
---|---|---|
Today | $0.1534 | 11.11% |
7 Days | $-0.5012 | -24.63% |
30 Days | $0.0436 | 2.93% |
3 Months | $0.44 | 40.22% |
24H Investment Barometer
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- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Waves Conversion Rate
FAQ
How much is 1 Waves (WAVES) worth?
KuCoin provides real-time USD price updates for Waves (WAVES). Waves price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time WAVES to USD exchange rates. Is Waves a Good Investment?
The Waves crypto could be a good investment, especially as its value could increase amid the rising adoption of Web 3.0 technologies. As a blockchain that offers dApps a low-cost, eco-friendly platform with minimal carbon footprint, the Waves ecosystem could be an attractive alternative to the Ethereum network for developing scalable dApps across multiple categories.
In addition, the Waves price could register an uptick following the transition from Waves 1.0 to Waves 2.0 shortly. As of August 2022, the developers are planning the launch of Waves 2.0, a new blockchain with EVM compatibility, true decentralization with a DAO framework, and higher interoperability.
These features, once rolled out, would make the Waves platform an even more attractive ecosystem to deploy Ethereum-based dApps on. The upgraded Waves 2.0 protocol would feature a Practical Proof of Stake Sharding (PPoSS) consensus mechanism, making it far more scalable and efficient.
What is WAVES Crypto Price Prediction?
While it is impossible to offer an accurate WAVES price prediction, strong fundamentals indicate a strong possibility for an uptrend in the value of the Waves project in the coming months. As of August 2022, the live price of WAVES tokens remains well below its all-time high of more than $62.
The past price performance suggests that positive market sentiment and fundamental drivers such as new network upgrades and rising adoption of its ecosystem could see the WAVES price retest and potentially reclaim its highest price in the future. This could occur once Waves 2.0 rolls out with sharding technology, making the blockchain more scalable and capable.
In addition to an uptick in the adoption of its ecosystem by dApp developers and users, the value of WAVES could also surge as the mood in the crypto market turns strongly bullish. A positive attitude among crypto investors encourages buying activity and boosts WAVES price statistics.
What is WAVES Token Used For?
The following are some use cases for the WAVES native token:
Pay Transaction Fees
WAVES is used to pay transaction fees by users, dApps, and smart contracts within the Waves blockchain.
Block Rewards
Nodes contributing to validating transactions and producing new blocks within the blockchain receive rewards in WAVES crypto.
Leasing Tokens
WAVES token holders can lease their tokens to existing nodes, which perform block production and transaction verification processes. They can receive a percentage of rewards earned by the nodes as payouts for leasing their WAVES tokens.
Crypto Asset to Trade and HODL
WAVES is a popular crypto asset to trade and invest in. You can buy or sell WAVES against other cryptocurrencies or hold it long-term if you believe in the future potential of the Waves project. Review the real-time Waves price, WAVES live market cap, 24-hour trading volume, circulating supply, and the latest crypto news before you trade WAVES coin.
Earn Passive Income
In addition to staking on the network or leasing $WAVES to existing nodes, you can also invest in WAVES to generate passive income. KuCoin lets you lend liquidity for WAVES via our Crypto Lending service to earn attractive daily interest over seven days, 14 days, or 28 days.
In addition, you can also use the KuCoin Earn feature to stake WAVES on KuCoin and generate attractive APRs over flexible tenors.
How Many WAVES Coins Are There?
As of September 2022, the circulating supply of WAVES crypto stands at just over 109 million tokens and matches the total WAVES token supply. The number of WAVES crypto in circulation keeps changing depending on the on-chain activity the Waves network experiences.
Higher usage of the network by dApps and end users drives up the block production activity, increasing the pace at which $WAVES tokens are generated and distributed as rewards. On the other hand, the rate of $WAVES rewards distribution slows down when fewer dApps and users stay active on the blockchain.
How to Stake $WAVES
Staking is a convenient way to put your cryptocurrency to work and grow your portfolio by earning passive income. It is a good strategy for long-term holders and is especially beneficial if you wish to have low-risk exposure yet still make profits.
Here are the steps to stake $WAVES easily on KuCoin and earn attractive interest:
1. Visit the KuCoin Earn section. Ensure that you have sufficient funds in $WAVES tokens for staking.
2. Search for WAVES from the list of crypto assets available for staking on KuCoin Earn.
3. Review the available and active staking pools our platform has to offer. Check the latest APRs, and review the tenor or lock-in period and type of staking activity. Click on Subscribe to proceed.
4. Enter the number of WAVES tokens you wish to stake. Review the projected profit and agree to our terms and conditions. Click on the Subscribe button to confirm the transaction.
5. Sit back and earn rewards in $WAVES via staking.
What is the all-time high price of Waves (WAVES)?
The all-time high price of Waves (WAVES) is $62.3500. The current price of WAVES is down 97.54% from its all-time high.
What is the all-time low price of Waves (WAVES)?
The all-time low price of Waves (WAVES) is $0.1226. The current price of WAVES is up 1,149.23% from its all-time low.
How much Waves (WAVES) is there in circulation?
As of 12 21, 2024, there is currently 116,501,224 WAVES in circulation. WAVES has a maximum supply of --.
What is the market cap of Waves (WAVES)?
The current market cap of WAVES is $178.91M. It is calculated by multiplying the current supply of WAVES by its real-time market price of $178.91M.
How do I store Waves (WAVES)?
You can securely store your Waves in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your WAVES include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Worldcoin (WLD) to cash?
You can instantly exchange your Worldcoin (WLD) for cash using KuCoin's Fast Trade feature. This feature enables you to convert WLD to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.