Waves rose by almost 30% within a week

The cryptocurrency Waves showed an increase in price by 27,23% during past 7 days which may be connected to the updates released by the platform
20 November 2017   795

Waves, the cryptocurrency of Waves crypto-platform for asset and custom token issuance, transfer and trading on blockchain, rose significantly during last week, growing by 27,23% from the price of $3,69 with market capitalisation of $369 million on November 13 to the price of $5,41 with market capitalisation of $540 million on November 20. 

Waves Charts November 2017Waves Charts

Such a notable price rise might be connected with the updates and innovations which were presented by Waves platform during the week. For instance, on November 14 the Waves platform claimed that it has successfully tested the NG consensus protocol, which promises increased speeds and throughput on the blockchain.

On November 15 the platform announced that miners rewards will substantially rise as the terms for miners are changing, making running a node or leasing the balance more profitable. It was stated in the announcement that miners will be able to earn up to 5% annually on their balances,  and this is without taking into account expected increases in transaction volumes or the price of Waves. The total annual rewards earned by miners will increase by up to 5% in the beginning of 2018.

Moreover, korean exchange UPbit launched WAVES/KRW pair on November 17 and earlier in November it added WAVES/BTC pair.

London is to host WAVES meetup

An exclusive event of WAVES London Meetup is set on April 18 with discussions on latest developments of the platform
09 April 2018   585

WAVES has announced a meetup session in London. It is taking place on April 18 at Rooms on Regent's Park. The project is ready to present fruits of long-term work, namely an 'all-encompassing' interface for the blockchain ecosystem. The interface includes WAVES own decentralized exchange and a wallet. Both Moscow and London shall be present to be announce plans for 2018 and share the completed achievements.

WAVES founder and CEO S. Ivanov will give a speech on the overview of the platform and potential business gains it poses as well as address blockchain scaling problem and possible solutions. WAVES Lead Scala developer I. Smagin will give a talk on WAVES Smart Contracts and its roadmap. News, plans and strategy for 2018 will be presented by WAVES UK Ambassador S. Biggs and Head of Events P. Soldatkin. Afterwards there will be a Q&A session followed by a networking time.

At the moment of publication, WAVES market characteristics are as follows

Average price: $3.46

Market cap: $345,856,000

Volume (24H): $16,862,500