Waves Price (WAVES)
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WAVES Price Live Data
The live Waves price today is $32.40 USD with a 24-hour trading volume of $272,167,443 USD. Waves is down 3.03% in the last 24 hours. The current CoinMarketCap ranking is #50, with a live market cap of $3,403,662,484 USD. It has a circulating supply of 105,049,492 WAVES coins and the max. supply is not available.
If you would like to know where to buy Waves, the top exchanges for trading in Waves are currently Binance, Huobi Global, OKEx, Upbit, and FTX. You can find others listed on our crypto exchanges page.
What Is Waves (WAVES)?
Launched in June 2016 following one of the cryptocurrency industry’s earliest initial coin offerings (ICO), Waves initially set out to improve on the first blockchain platforms by increasing speed, utility and user-friendliness.
The platform has undergone various changes and added new spin-off features to build on its original design.
Waves’ native token is WAVES, an uncapped supply token used for standard payments such as block rewards.
Who Are the Founders of Waves?
Waves is synonymous with its founder, Ukrainian-born scientist Alexander Ivanov (also known as Sasha Ivanov).
Prior to creating Waves, Ivanov was already active in the cryptocurrency space, having released 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.
Ivanov is publicly active in his promotion of Waves, giving frequent interviews on the platform and trends in the wider blockchain industry.
According to Waves’ marketing literature, the company now employs over 180 people at locations including Moscow and Switzerland.
What Makes Waves Unique?
As one of the first offerings in its field, Waves set out to improve on the early blockchain platforms and products.
From the outset, it aimed to appeal to prospective business clients looking to use blockchain to improve processes or create new services.
Waves supported smart contract and DApp development, ensuring that speeds and ease-of-use surpassed competition at the time.
Since then, other products have appeared, including Gravity, a cross-chain and oracle network, and decentralized finance (DeFi) focused platform Neutrino. Waves DEX is a decentralized cryptocurrency exchange.
In 2020, Waves announced that its platform would be interoperable with the Ethereum network by releasing the WAVES token as an ERC-20 standard asset.
Learn more about Ethereum (ETH) here.
Learn more about Cardano (ADA) here.
New to crypto? Find out everything you need to know with Alexandria, CoinMarketCap’s dedicated education resource.
How Many Waves (WAVES) Coins Are There in Circulation?
WAVES began as a fixed-cap token for the Waves platform with 100 million tokens available.
In its ICO — which raised 30,000 BTC — 85% of the supply went to sale participants, 4% to partners and supporters, 9% to the developers and 1% each to early supporters and bounty schemes which occurred after the ICO.
Its utility increased in time, and in 2019, it was decided to remove the supply cap, with decision-making transferred to network participants.
Currently, the block reward is 6 WAVES, and any changes come in the form of votes — users must choose whether or not to decrease the block reward by 0.5 WAVES every 110,000 blocks.
How Is the Waves Network Secured?
Waves uses a modified proof-of-stake algorithm called WavesNG. The technology is based on Bitcoin-NG, a scaling proposal by well-known Bitcoin advocate, Cornell University developer Emin Gün Sirer.
Waves highlights that its code is open source, allowing for more trust and ease of maintenance than closed source enterprise blockchain solutions.
Where Can You Buy Waves (WAVES)?
WAVES, as a cryptocurrency on the market for over four years, is widely tradable on a large number of exchanges.
Pairs operate between WAVES and other cryptocurrencies, stablecoins and fiat currencies.
Cryptocurrency newbie? Read our easy guide to buying Bitcoin or any other token.
WAVES Price Statistics
|24h Low / 24h High|
|Volume / Market Cap||0.07996|
|Fully Diluted Market Cap||$3,403,662,484.33|
|Yesterday's Low / High|
|Yesterday's Open / Close|
|7d Low / 7d High|
|30d Low / 30d High|
|90d Low / 90d High|
|52 Week Low / 52 Week High|
All Time HighMay 04, 2021 (4 days ago)
All Time LowAug 02, 2016 (5 years ago)
|Circulating Supply||105,049,492 WAVES|
|Total Supply||105,049,492 WAVES|
|Max Supply||No Data|