Waves Price

Waves is the native cryptocurrency of the Waves blockchain platform, which was launched in 2016. It serves as the fuel for the ecosystem, enabling users to pay transaction fees, participate in governance, and stake tokens. Currently ranked #445 with a price of $1.04, WAVES has seen a -11.63% change in the last 24 hours. The platform focuses on speed, scalability, and user-friendliness, supporting decentralized applications (DApps), smart contracts, and various DeFi functionalities. Waves operates on a Leased Proof-of-Stake (LPoS) consensus mechanism, allowing token holders to lease their tokens to nodes and earn rewards. With a circulating supply of 100M WAVES and a market cap of $104.95M, Waves has established itself as a versatile blockchain platform that bridges multiple ecosystems including Ethereum, Solana, and BNB Chain through cross-chain compatibility.

Waves was created on April 12, 2016, by Sasha Ivanov, a physicist with extensive experience in payment systems development. Before launching Waves, Ivanov had worked with the NXT platform and founded Coinomat, an early cryptocurrency exchange service. The project began with an Initial Coin Offering (ICO) that raised approximately 30,000 BTC. Waves was designed as a blockchain platform focused on speed, user-friendliness, and scalability, with the goal of making blockchain technology more accessible for mass adoption.

Waves was founded by Alexander Ivanov, who serves as the primary founder and director of the Waves Platform. Before creating Waves, Ivanov had already established himself in the cryptocurrency space by launching several innovative projects including Coinomat.com (the first instant cryptocurrency exchange), CoinoUSD (the first fiat token), and Cooleindex.com (the first cryptocurrency index). He also created a blockchain venture fund called Cryptoasset.fund. The Waves platform was officially launched in 2016, with Ivanov leading a team of developers who shared his vision for creating a more accessible and user-friendly blockchain ecosystem.

Waves operates on a Leased Proof-of-Stake (LPoS) blockchain platform. The network relies on full nodes for transaction verification and network interaction, while light nodes connect to these full nodes to access the blockchain. Users can stake their WAVES tokens to participate in network consensus and earn rewards. The platform enables smart contract functionality, allowing developers to build decentralized applications (dApps) and create custom tokens. Waves features a built-in decentralized exchange (DEX) for trading assets directly on the blockchain without intermediaries. Key components include: - LPoS consensus mechanism for energy-efficient validation - Smart contract support for dApp development - Token creation tools for launching new assets - Cross-chain gateways for interoperability with other blockchains including Ethereum, BNB Chain, and Solana - Decentralized exchange for peer-to-peer trading The WAVES token serves as the native currency for transaction fees, staking rewards, and governance within the ecosystem.

Waves operates on a decentralized blockchain architecture designed for speed and scalability. It uses the Leased Proof-of-Stake (LPoS) consensus mechanism, allowing token holders to lease their tokens to full nodes for network validation while maintaining ownership. The platform features a two-tier architecture with a main chain for core operations and sidechains for specific applications. Waves's technical stack includes: 1. Waves-NG protocol for high throughput (up to 100 transactions per second) 2. Smart contract functionality via Ride language 3. Cross-chain gateways for interoperability 4. Built-in DEX for token trading 5. Node-based infrastructure supporting both public and private deployments This architecture enables Waves to support fast transactions with minimal fees while maintaining security across the Ethereum, BNB Chain, and Solana ecosystems.

Waves has an ambitious roadmap focused on expanding its ecosystem and enhancing its blockchain technology. The team is working on improving scalability, interoperability, and security features. For 2025-2026, Waves plans to implement advanced smart contract functionality, enhance cross-chain capabilities, and expand DeFi applications on its platform. The project aims to increase adoption through strategic partnerships and community-driven governance initiatives. With current market position at #445 and price at $1.04, Waves is positioning itself as a versatile blockchain platform. The development team continues to build on its foundation of speed and low transaction costs while exploring new use cases in NFTs, gaming, and enterprise solutions. Long-term vision includes becoming a leading platform for decentralized applications with improved tokenomics and sustainability measures by 2030.