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   306

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.

Waves Meetup to Take Place in Amsterdam

Waves Meetup, where the major updates of Waves blockchain platform will be presented and discussed, will be held on March 6 in Amsterdam
21 February 2018   384

Waves Platform team from Amsterdam and Moscow will hold a meetup on March 6, 2018, in Amsterdam, giving an overview of Waves’ achievements and the plans of the platform for the 2018. It will present new interface for the blockchain ecosystem, including the platform’s decentralised exchange (DEX) and wallet.

Waves Amsterdam meetupWaves Amsterdam Meetup

Location: Primalbase AMS, Van Diemenstraat 20-200, Amsterdam, the Netherlands
Date and time: 7PM - 11PM, March 6, 2018

Rob van de Camp and Jarno Hogeweg, Dutch Waves representatives, will host the event and give an overview of the Waves Platform and what opportunities it can provide for established businesses as well as startups.

Ilya Smagin, Lead Scala Developer, will talk about Waves Smart Contracts Roadmap and Waves Smart Contracts, while Alexey Kofman, Product Manager, will talk about Blockchain scaling problem and solutions. Pavel Soldatkin, Head of Events, will tell about the news, plans and marketing strategy for 2018.

The users who would like to participate in a meetup, should fill in the special form.

At the moment of press, these are main market parameters of Waves:

Average price: $8,07
Market cap: $807 083 000
24h volume: $50 631 500